WFC - Wells Fargo & Company
After hours:
| Previous close | 40.06 |
| Open | 40.62 |
| Bid | 41.08 x 4000 |
| Ask | 41.13 x 3100 |
| Day's range | 40.38 - 41.55 |
| 52-week range | 35.25 - 48.84 |
| Volume | |
| Avg. volume | 27,085,760 |
| Market cap | 154.742B |
| Beta (5Y monthly) | 1.12 |
| PE ratio (TTM) | 11.58 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 1.20 (3.00%) |
| Ex-dividend date | 04 May 2023 |
| 1y target est | N/A |
- Zacks
FDIC-Insured Banks' Q1 Earnings Up on Higher NII, Two Banks Fail
Higher rates, decent loan demand and efforts to bolster fee income support FDIC-Insured banks' like JPM, BAC, C & WFC financials.
- Zacks
Wells Fargo & Company (WFC) Is a Trending Stock: Facts to Know Before Betting on It
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.
- Zacks
Wells Fargo (WFC) Rides on Deposit Growth Amid Lower Revenues
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.
- Motley Fool
Michael Burry Is Now Betting on This Ex-Warren Buffett Stock
Burry recently launched a new stake in a stock that Buffett's company Berkshire Hathaway dumped in 2022.
- Zacks
Wells Fargo (WFC) Stock Moves -0.61%: What You Should Know
In the latest trading session, Wells Fargo (WFC) closed at $40.98, marking a -0.61% move from the previous day.
- WSJ
How Jamie Dimon Turned Chase Into the Most Powerful Bank in the U.S.
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
- Zacks
Bank of America (BAC) May Face Benefit Card Fraud Lawsuit
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.
- Zacks
JPMorgan (JPM) Ups '23 NII View on FRC Deal, Raises Tech Spend
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.
- Zacks
Investors Heavily Search Wells Fargo & Company (WFC): Here is What You Need to Know
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.
- Yahoo Finance Video
Wells Fargo set to pay $1 billion to settle shareholder lawsuit
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.
- Motley Fool
Wells Fargo to Pay $1B to Shareholders Over Scam Accounts
Wells Fargo agreed to settle a lawsuit brought by investors alleging the bank failed to meet compliance requirements. Read on for the details.
- Zacks
Wells Fargo (WFC) to Pay $1B for Shareholders' Class-Action Suit
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
Home Depot, Wells Fargo, Vodafone fall premarket; Capital One rises
Investing.com -- Stocks in focus in premarket trade on Tuesday, May 16th. Please refresh for updates.
- Reuters
Wells Fargo to pay $1 billion to settle shareholder lawsuit over recovery from scandals
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.
- Yahoo Finance
Fed's Waller: Climate change not a 'serious risk' to US financial system
The comments from Federal Reserve Governor Chris Waller come as the central bank tests the resilience of banks under different climate scenarios.
- Yahoo Finance
The lender that made nearly $10 billion from Silicon Valley Bank's failure
The earnings for First Citizens were second in the banking industry behind JPMorgan Chase.
- Yahoo Finance Video
Warren Buffett Q&A: 3 things to watch
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
- Yahoo Finance
How Warren Buffett avoided damage from the current banking crisis
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.
- Yahoo Finance
A fix for the banking bust is coming into view
Momentum is growing to enact unlimited deposit insurance, even among anti-bailout free marketeers.
- Motley Fool
3 Top Bank Stocks to Buy in May
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.
- Yahoo Finance
Regional banks a focus for investors as Fed raises rates again
PacWest and Western Alliance fell again Wednesday after plummeting Tuesday.
- Yahoo Finance
Federal Reserve pushes interest rates above 5% for first time since 2007
The Federal Reserve's latest policy decision on Wednesday could mark the end of its rate hiking campaign, the most aggressive from the central bank since the 1980s.
- Zacks
Here is What to Know Beyond Why Wells Fargo & Company (WFC) is a Trending 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.
- Reuters
Wells Fargo CEO says regional banks are strong, but expects turmoil
Wells Fargo & Co CEO Charlie Scharf said on Tuesday the banking industry is "extremely strong" but added he expects more volatility as market participants assess the health of financial institutions. "Talking about regional banks as one - it just makes absolutely no sense," Scharf said at the Milken Institute Global Conference. He did not expect more bank failures comparable to the recent collapses of Silicon Valley Bank, Signature Bank and First Republic Bank.
- Yahoo Finance Video
Powell, Yellen killed First Republic Bank: Analyst
The fate of First Republic Bank is in question, as pressure mounts on the embattled lender after it revealed a massive fall in deposits during the first quarter. As Wall Street debates the cause of First Republic’s (FRC) troubles, one analyst blames the nation’s top financial regulators. Fed Chair Jerome Powell and Treasury Secretary Janet Yellen were “advocates of the strategy called ‘go big at the Fed’,” Chris Whalen, Whalen Global Advisors Chairman tells Yahoo Finance. “After 2018…we had a big problem in the money markets, so I think Chairman Powell…panicked in Washington, and they decided to provide more reserves.” As the COVID-19 pandemic hit, the central bank acted again, bringing the Fed’s balance sheet to nearly $9 trillion. “What they did, in essence, was throw a lot of money at a perceived problem, but they’ve created a real problem now, which is that interest rates have risen,” Whalen says. "The Fed has created a huge market risk, so these outliers like Silicon Valley, First Republic, have tipped over in a difficult funding market.” In his full interview, Whalen spoke with Brad Smith and Julie Hyman about the issues First Republic (FRC) is facing. Key Video Moments 00:00:05: Powell and Yellen's strategy 00:01:10: Huge market risk 00:01:35: Unrealized losses on balance sheets
