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Wells Fargo & Company (WFC)

NYSE - NYSE Delayed Price. Currency in USD
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37.48-0.28 (-0.74%)
At close: 04:04PM EDT
38.63 +1.15 (+3.07%)
Pre-market: 08:49AM EDT
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Trade prices are not sourced from all markets
Previous close37.76
Bid38.41 x 1300
Ask38.37 x 1100
Day's range37.44 - 38.45
52-week range36.54 - 54.20
Avg. volume21,607,127
Market cap141.565B
Beta (5Y monthly)1.17
PE ratio (TTM)11.94
EPS (TTM)3.14
Earnings date14 Apr 2023
Forward dividend & yield1.20 (3.18%)
Ex-dividend date02 Feb 2023
1y target est53.21
  • Yahoo Finance Video

    'If the Fed doesn't raise rates, I would get more anxious': Strategist

    Investors are now concerned that banking challenges in Europe could impact the U.S. markets as Credit Suisse (CS) looks to unwind its balance sheet for a sale to UBS (UBS). In an interview with Yahoo Finance's Julie Hyman and Brad Smith, State Street Chief Investment Strategist Michael Arone said, "now, for the very first time, the Federal Reserve, in a meaningful way, will have to balance its inflation-fighting credibility with financial stability," This comes as Wall Street looks for more actions from the Federal Reserve and U.S. government to restore confidence in the banking system after U.S. regulators bailed out the uninsured depositors at Silicon Valley Bank. Markets are now favoring a 25 basis point to 50 basis point hike in interest rates at the Fed's Federal Open Market Committee Meeting on March 22. Arone notes that if the Fed does not raise interest rates, then that sends a bigger signal that it may be more concerned about Europe's banking woes. Key video Moments: 00:01:12 Risk appetite for U.S. stocks 00:02:40 Banking turmoil playbook 00:04:00 The banking/financial sector 00:07:10 Europe's banking collapse impact on the U.S. Watch our full conversation with Michael Arone here.

  • Yahoo Finance

    Why US regulators let banks lose billions — as long as losses are 'unrealized'

    The danger posed by paper losses on bonds is newly relevant with the failure of Silicon Valley Bank. The debate about their treatment goes back decades.

  • Yahoo Finance Video

    Banking crisis will 'help the Fed': Strategist

    The chaos that swept through the banking and financial markets this week has left the Fed at a crossroads for its rate-hiking path. The central bank's next interest rate decision is only days away, and investors' rate hike predictions have drastically changed since the SVB collapse. Michael Antonelli, Baird Managing Director and Market Strategist, tells Yahoo Finance that the drama that ensued is only a "mini banking crisis" and is not unusual. He says that what's happening right now might actually be "helping the Fed." "It will send a deflationary impulse through the economy. Credit conditions will tighten, lending will tighten," he says. "This ultimately will help fight inflation maybe much more so than a rate hike." Big banks are showing their confidence in the U.S. economy, with 11 firms banding together to save First Republic Bank (FRC) with a $30 billion lifeline. Yet regional bank stocks continue their downward spiral, but Antonelli assures that "this is what markets do. They probe stress." It will continue until "this moment has passed." Yahoo Finance's Julie Hyman and Brad Smith spoke with Antonelli. Watch the interview here. Key Video Moments: 00:00:03: Comparing to history 00:01:30: Why regional banks are down