What’s Happening With WFC Stock And BAC Stock Today?

What’s Happening With WFC Stock And BAC Stock Today?

Henry Khederian , Benzinga Staff Writer   FOLLOW March 18, 2021 12:38pm   1 min read   Comments

Thousands of traders just like you are using Benzinga Options to learn the options trading formula that Nic Chahine uses to earn a full-time living. Click here to see how you can learn while you earn.

What's Happening With WFC Stock And BAC Stock Today?

Shares of Wells Fargo & Co WFC 2.99% and Bank of America Corp BAC 0.87% are trading higher as bond yields rise Thurday.

As rates increase, in general, banks can earn bigger profits made on loans to consumers.

Wells Fargo reached a new 52-week high of $41.40 and Bank of America reached a new 52-week high of $39.92 Thursday morning.

Wells Fargo provides banking, investment, mortgage, and consumer and commercial finance products and services to individuals, businesses, and institutions in the United States and internationally.

See also: How to Buy Wells Fargo Stock

Bank of America provides banking and financial products and services for individual consumers, small- and middle-market businesses, institutional investors, large corporations, and governments worldwide.

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