In the banking industry, a profit is made by borrowing money, paying for it at one rate of interest, lending that money elsewhere at a different rate of interest, and keeping the difference. But now, across the industry, that difference is getting smaller. In this video, Motley Fool financial analyst Matt Koppenheffer talks about three things Wells Fargo (NYSE: WFC ) is doing to offset these shrinking margins.
Wells Fargo's dedication to solid, conservative banking helped it vastly outperform its peers during the financial meltdown. Today, Wells is the same great bank as ever, but with its stock trading at a premium to the rest of the industry, is there still room to buy, or is it time to cash in your gains? To help figure out whether Wells Fargo is a buy today, I invite you to download our premium research report from one of The Motley Fool's top banking analysts. Click here now for instant access to this in-depth take on Wells Fargo.