Wells Fargo's (WFC) presence in the energy-boom states of the Northern Plains is paying off as...

|About: Wells Fargo & Co. (WFC)|By:, SA News Editor

Wells Fargo's (WFC) presence in the energy-boom states of the Northern Plains is paying off as it's the only one of the TBTFs reeling in significant deposits from the region. JPMorgan has no operations in the states surveyed, while BofA and Citigroup are at best marginal players. If the economy grows, then higher deposits mean better earnings, says Bernstein.