2. $40
$45
$50
$55
$60
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
PRICEPERSHARE
The year gets off to
a rough start, with
bank stocks
trending down.
3. $40
$45
$50
$55
$60
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
PRICEPERSHARE
When oil falls below $30 a barrel
in January, there’s worry that
banks will take loan losses from
energy companies. This weighs on
bank stocks.
4. $40
$45
$50
$55
$60
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
PRICEPERSHARE
Wells Fargo bottoms
out at $45 a share on
Feb. 11th.
5. $40
$45
$50
$55
$60
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
PRICEPERSHARE
Oil heads higher,
fitfully, followed
by bank stocks.
6. $40
$45
$50
$55
$60
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
PRICEPERSHARE
Voters in the United
Kingdom vote in June
to leave the European
Union, throwing
markets into turmoil.
8. $40
$45
$50
$55
$60
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
PRICEPERSHARE
Bank stocks mount a
recovery, as investors
come to terms with
“Brexit.”
9. $40
$45
$50
$55
$60
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
PRICEPERSHARE
Regulators reveal a multi-year
fake account scandal that took
place at Wells Fargo.
11. $40
$45
$50
$55
$60
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
PRICEPERSHARE
CEO John Stumpf
resigns on Oct. 12,
replaced by
president Tim Sloan.
12. $40
$45
$50
$55
$60
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
PRICEPERSHARE
The presidential election causes
bank stocks to soar in response
to Trump’s vow to deregulate
banking and cut taxes.
13. $40
$45
$50
$55
$60
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
PRICEPERSHARE
The post-election rally
allows Wells Fargo’s
stock to finish the year
in the black, up 4%.
14. $40
$45
$50
$55
$60
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
PRICEPERSHARE
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