May 13, 2012
The following video is part of our "Motley Fool Conversations" series, in which senior analyst Anand Chokkavelu, CFA, discusses topics around the investing world.
In the first quarter of this year, Wells Fargo's share of new mortgages jumped to 33.9%. It's stunning that one bank made up a third of the market. And it's another reminder of the opportunity strong competitors have in down markets. Wells Fargo is grabbing market share while competitors such as Bank of America and Citigroup focus on slimming down and strengthening their capital positions. Anand weighs in.
For a bank that's a smaller, simpler version of Wells Fargo, check out our free report: "The Stocks Only the Smartest Investors Are Buying." We invite you to download a free copy. To find out the name of the bank Warren Buffett would probably be interested in if he could still invest in small banks, just click here.