In the following video, Motley Fool financial analysts Matt Koppenheffer and David Hanson discuss a little wager they made. While Matt had bet that Wells Fargo's (WFC 3.08%) mortgage revenue would fall less than 10% this quarter, David bet that it would fall more. Where did the end result come out, and what does this mean for the king among banks in the mortgage sector?
Free Article
You're reading a free article with opinions that may differ from The Motley Fool's Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More
Wells Fargo's Mortgage Banking Fights the Tide
By Matt Koppenheffer and David Hanson
–
Apr 12, 2013 at 8:00PM
NYSE: WFC
Wells Fargo
Market Cap
$236B
Today's Change
(3.08%) $2.23
Current Price
$74.73
Price as of June 18, 2025, 3:58 p.m. ET
How far did Wells Fargo's mortgage income fall this quarter?
David Hanson has no position in any stocks mentioned. Matt Koppenheffer has no position in any stocks mentioned. The Motley Fool recommends Wells Fargo. The Motley Fool owns shares of Wells Fargo. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Stocks Mentioned
Wells Fargo
WFC
$74.73
(3.08%)
$2.23
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
Related Articles
Why Wells Fargo Shares Are Up Today
Wells Fargo Beats EPS Expectations
Wells Fargo (WFC) Q4 2024 Earnings Call Transcript
Wells Fargo, Goldman Sachs, and Citigroup Are All Soaring. Here's Why.
Wells Fargo: Q4 EPS Surges, Revenue Dips
Premium Investing Services
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.