Wells Fargo (WFC -5.48%) CEO John Stumpf is getting more optimistic. Encouraged by some economic indicators, the banking chief sees moderate growth and has this bank in a strong position to deploy capital at higher interest rates. In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson discuss Stumpf's comments and look at Well Fargo's balance sheet.
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Wells Fargo's Cash Bazooka
By David Hanson and Matt Koppenheffer
–
Dec 12, 2013 at 7:15AM
NYSE: WFC
Wells Fargo
Market Cap
$257B
Today's Change
(-5.48%) -$4.57
Current Price
$78.86
Price as of July 15, 2025, 4:00 p.m. ET
Wells Fargo sees the economy getting better and is ready to deploy its cash.
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
$78.86
(-5.48%)
$-4.57
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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