We're Betting on Wells Fargo

2012 was a record year for Wells Fargo . One of the main drivers behind its huge profits was its mortgage banking business that experienced record volume. However, refinancing activity was the bulk of that volume, and the refinancing market is expected to start shrinking.

In this video, Motley Fool banking analysts Matt Koppenheffer and David Hanson place their bets, and pride, on the line on how much Well Fargo will see this segment decline when the bank reports earnings on Friday.

Wells Fargo's dedication to solid, conservative banking helped it vastly outperform its peers during the financial meltdown. Today, Wells is the same great bank as ever, but with its stock trading at a premium to the rest of the industry, is there still room to buy, or is it time to cash in your gains? To help figure out whether Wells Fargo is a buy today, I invite you to download our premium research report from one of The Motley Fool's top banking analysts. Click here now for instant access to this in-depth take on Wells Fargo.

The article We're Betting on Wells Fargo originally appeared on Fool.com.

David Hanson has no position in any stocks mentioned. Matt Koppenheffer has no position in any stocks mentioned. The Motley Fool recommends Wells Fargo. The Motley Fool owns shares of Wells Fargo. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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