Wells Fargo & Co (NYSE:WFC), the fourth-largest US bank based on assets, has had an impressive 2014. The bank saw its stock price increase 20.5%, outperforming both the S&P 500 index and S&P 500 Financials Sector. Strong consumer spending and increased activity in the mortgage market, especially mortgage refinancing, has helped Wells Fargo post strong gains.
Wells Fargo & Co (NYSE:WFC), the fourth-largest US bank based on assets, has had an impressive 2014. The bank saw its stock price increase 20.5%, outperforming both the S&P 500 index and S&P 500 Financials Sector. Strong consumer spending and increased activity in the mortgage market, especially mortgage refinancing, has helped Wells Fargo post strong gains.
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