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$4.57 -0.69 (-13.12%)
11/19/2008 4:00 PM

Wachovia Corp (WB)

CAPS Rating:
**

Provides a wide range of commercial and retail banking and trust services through full-service banking offices located in states throughout the Southeast. The company provides various other financial services, including mortgage and investment banking.

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Recs

3

Avatar tallysson (< 20) Submitted: 8/26/06 8:31 AM : Outperform Start Price: $51.59 WB Score: -54.00

interest rates on the short end should begin coming down over the next year thereby increasing the spread of most financial institutions because for the most part they are liability sensitive. this will increase gross spread and if they keep their expense ratio under control their bottom line

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