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