WFC stock news · Wells Fargo & Company

Simply Wall St.·Wed, Aug 5, 7:15 PM

Wells Fargo (WFC) Stock May Be 25% Undervalued On Tokenized Deposits Launch

Wells Fargo stock has more than doubled over the past three years, yet several valuation checks still point to room between the current share price and an intrinsic value estimate based on the Excess Returns model. Wells Fargo has returned 112.5% over the past three years, which puts extra focus on whether recent gains are already pricing in its prospects. The planned launch of blockchain based tokenized deposits for corporate clients may support expectations for future fee income. However,...