Thesis Summary
Wells Fargo & Company (WFC) has been badly beaten down by the pandemic. Its latest performance has not been great and it has paid the price of regulatory constraints and regulations. However, the worst may be behind us in terms of the pandemic and Wells Fargo is also looking at an improved outlook. With the asset ban at least temporarily lifted and an impending economic recovery, we could see the company deliver some stellar returns.
Source: Joylibby.com
Company Overview
Wells Fargo has been providing financial services for over 100 years. The