|Bid||24.80 x 800|
|Ask||24.90 x 1100|
|Day's range||24.82 - 24.91|
|52-week range||22.22 - 25.17|
|Beta (5Y monthly)||1.12|
|PE ratio (TTM)||5.14|
|Forward dividend & yield||1.46 (5.89%)|
|Ex-dividend date||30 May 2023|
|1y target est||N/A|
Higher rates, decent loan demand and efforts to bolster fee income support FDIC-Insured banks' like JPM, BAC, C & WFC financials.
Recently, Zacks.com users have been paying close attention to Wells Fargo (WFC). This makes it worthwhile to examine what the stock has in store.
Strong deposit growth and cost-saving initiatives are likely to keep supporting Wells Fargo (WFC). However, a decline in revenues and a fall in loan balance are major headwinds.
Burry recently launched a new stake in a stock that Buffett's company Berkshire Hathaway dumped in 2022.
In the latest trading session, Wells Fargo (WFC) closed at $40.98, marking a -0.61% move from the previous day.
When JPMorgan Chase bought First Republic Bank in May, all eyes were on its CEO, Jamie Dimon. Here’s how the executive’s strategy for managing risk propelled him to the top of the banking world. Photo illustration: John McColgan
Per the U.S. District Judge Larry Alan Burns, cardholders must file a lawsuit against Bank of America (BAC) for its violation of state law by issuing cards, without standard security measures, to millions of people in California in 2020.
SAN FRANCISCO, May 24, 2023--Wells Fargo & Company (NYSE: WFC) said today that Chief Executive Officer Charlie Scharf will present at the 39th Annual Bernstein Strategic Decisions Conference on Wednesday, May 31, 2023 at 8:00 a.m. ET.
At the Investor Day conference, JPMorgan (JPM) provides more details about FRC deal synergies, expense outlook (with focus on tech spending) and the potential recession.
SAN FRANCISCO, May 19, 2023--Wells Fargo & Company (NYSE: WFC) today announced dividends on eight series of preferred stock.
Zacks.com users have recently been watching Wells Fargo (WFC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
The Yahoo Finance Live team discusses Wells Fargo paying $1 billion to settle its shareholder lawsuit, the company's previous controversies, and banking sector turmoil.
Wells Fargo agreed to settle a lawsuit brought by investors alleging the bank failed to meet compliance requirements. Read on for the details.
Wells Fargo (WFC) agreed to pay $1 billion related to a shareholder lawsuit accusing it of overstating progress on resolving its 2016 fake account scandal.
Investing.com -- Stocks in focus in premarket trade on Tuesday, May 16th. Please refresh for updates.
NEW YORK (Reuters) -Wells Fargo & Co has agreed to pay $1 billion to settle a lawsuit accusing it of defrauding shareholders about its progress in recovering from a series of scandals over its treatment of customers. U.S. District Judge Gregory Woods in Manhattan federal court granted preliminary approval on Tuesday to the all-cash settlement, which had been filed the night before. Woods scheduled a Sept. 8 hearing to consider final approval.
SAN FRANCISCO, May 12, 2023--Wells Fargo & Company (NYSE: WFC) ("Wells Fargo") and certain of its consolidated subsidiaries have issued debt securities, certificates of deposit, trust preferred securities and preferred stock and related depositary shares that reference the London Interbank Offered Rate (LIBOR) for deposits in U.S. dollars for a three-month tenor. The instruments addressed in this press release are governed by U.S. law or the laws of a U.S. State.
The comments from Federal Reserve Governor Chris Waller come as the central bank tests the resilience of banks under different climate scenarios.
The earnings for First Citizens were second in the banking industry behind JPMorgan Chase.
Warren Buffett will take center stage on Saturday, May 6 as Berkshire Hathaway (BRK-A) hosts its annual shareholders meeting in Omaha, Nebraska. The event has been dubbed the ‘Woodstock of Capitalism’, drawing attention from a wide range of investors, market watchers, and economists, all hoping to get a glimpse of the magic that inspired Buffett’s legendary career. Yahoo Finance is on the ground in Omaha with special coverage of the 2023 Berkshire Hathaway Annual Shareholders Meeting. Here are the top 3 things we’re watching for ahead of Saturday’s big event: Buffett’s comments on the banking crisis The state of the U.S. economy Warren Buffett’s top stock picks
The Oracle of Omaha sold a large portion of Berkshire’s holdings in US banks between 2020 and 2022, some just months before the banking system upheaval that began in mid March.
Momentum is growing to enact unlimited deposit insurance, even among anti-bailout free marketeers.
The banking sector has struggled this year, largely due to the banking crisis in March, which led to the collapse of several U.S. banks and triggered a wide sell-off across the sector. Here are three bank stocks to buy in May. Large bank Wells Fargo (NYSE: WFC) is actually only down about 5% this year, which is pretty good all things considered, and it's performing better than many other bank stocks.
SAN FRANCISCO, May 03, 2023--Wells Fargo Bank, N.A., said today it is increasing its prime rate to 8.25 percent from 8.00 percent, effective tomorrow, May 4, 2023.
PacWest and Western Alliance fell again Wednesday after plummeting Tuesday.