|Bid||48.38 x 1400|
|Ask||48.42 x 1800|
|Day's range||45.71 - 48.74|
|52-week range||20.76 - 51.41|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||2.73|
|Earnings date||14 Jan 2022|
|Forward dividend & yield||0.80 (1.77%)|
|Ex-dividend date||05 Aug 2021|
|1y target est||51.25|
Kenneth Leon, CFRA Research Director, joins Yahoo Finance Live to discuss the outlook on banks following earnings and looking ahead to next year.
Overall, investors didn't seem pleased, sending the stock down about 1.5% yesterday. While regulatory work remains for the embattled bank, Wells Fargo continues to make progress in cutting expenses, as well as ramping up other areas of the bank like credit card lending and investment banking.
Piper Sandler Managing Director and Senior Research Analyst Jeff Harte joins Yahoo Finance to discuss the lack of loan growth with banks and what to expect from big banks moving forward after their most recent earnings.