|Bid||0.00 x 1000|
|Ask||0.00 x 900|
|Day's Range||48.82 - 49.62|
|52 Week Range||43.02 - 61.27|
|Beta (3Y Monthly)||1.22|
|PE Ratio (TTM)||11.54|
|Earnings Date||Apr 12, 2019|
|Forward Dividend & Yield||1.80 (3.71%)|
|1y Target Est||57.00|
Is Warren Buffett Expecting a Market Crash?(Continued from Prior Part)Warren Buffett Last week, Berkshire Hathaway (BRK-B) released its much-anticipated 13F for the fourth quarter. Berkshire added more shares of US Bancorp, JPMorgan Chase, Bank of
WASHINGTON—Wells Fargo & Co. Chief Executive Timothy Sloan is expected to appear solo before the House Financial Services Committee on March 12, people familiar with the matter said, as the committee reviews the bank’s consumer-abuse scandals. Mr. Sloan would be the first bank chief to face House Democrats who took over the Financial Services Committee in the new Congress. The executive is also set to testify a second time on April 10, along with the heads of other large U.S. banks, including JPMorgan Chase & Co., Citigroup Inc., Bank of America Corp., Goldman Sachs Group Inc. and Morgan Stanley.
Warren Buffett's Investments: Did He Play It Safe in Q4?(Continued from Prior Part)Banking stocks Warren Buffett, Berkshire Hathaway’s (BRK-B) chairman, has a flair for financial stocks (XLF). Berkshire Hathaway is the largest shareholder in Wells
Berkshire Hathaway added a surprisingly small amount of stocks to its huge equity portfolio during the fourth-quarter market decline.
Citigroup Stock: Potential Upside(Continued from Prior Part)Strong financial performance Citigroup (C) impressed investors with its financial performance in 2018 due to higher net interest revenues, lower costs, and a decline in the effective tax
Wells Fargo will be the first bank to face a grilling by House Democrats who took over the committee in the new Congress. JPMorgan, Citigroup, Bank of America, Goldman Sachs and Morgan Stanley chiefs will meet with the committee in April, although formal invitations have yet to be sent to the banks, WSJ said.
Wells Fargo & Co's Chief Executive Officer Tim Sloan is expected appear before the House Financial Services Committee alone in March this year, and then in April with several other banking heads, the Wall Street Journal reported on Friday, citing people familiar with the matter. Wells Fargo will be the first bank to face a grilling by House Democrats who took over the committee in the new Congress. JPMorgan, Citigroup, Bank of America, Goldman Sachs and Morgan Stanley chiefs will meet with the committee in April, although formal invitations have yet to be sent to the banks, WSJ said.
Citigroup Stock: Potential UpsideAttractive valuation Most of the analysts covering Citigroup (C) stock recommend a “buy.” Citigroup is expected to benefit from the increased net interest income due to continued growth in loans and deposits.
Banks have been among the biggest beneficiaries of the tax overhaul, reaping billions of dollars in savings after the corporate tax rate was cut to 21% from 35%. In the past, banks had tended to pay more in taxes than big companies in other sectors, since so much of their business is centered in the U.S. That means the big drop in the tax rate benefited them even more. all had effective tax rates in the high teens or low 20s during 2018, excluding one-time items—a sharp drop from the past, when the biggest banks’ tax rates tended to be in the high 20s or low 30s.
Warren Buffett's Investments: Did He Play It Safe in Q4?Warren Buffett On February 14, Berkshire Hathaway (BRK-B) released its fourth-quarter 13F. Investors had been waiting eagerly for the quarterly filing. Berkshire Hathaway held more than $100
Between mergers and acquisitions and new players coming to town, the Twin Cities banking scene is active right now.
Wells Fargo (WFC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
One of Yuba County’s largest commercial development projects in recent history hit a milestone Wednesday, with a topping-out ceremony for Enterprise Rancheria’s tribal hotel and casino near Wheatland.
The U.S. Environmental Protection Agency (EPA) has named Wells Fargo to its Green Power Partnership National Top 100 for using nearly 2 billion kilowatt-hours (kWh) of renewable energy annually, representing 100 percent of the company’s global electricity requirements. The list recognizes organizations that take action to maximize the production of renewable energy and minimize the climate impacts associated with their operations. The EPA’s Green Power Partnership National Top 100 is based on the amount of renewable energy purchased and produced by each organization.
Bank of America Stock: Analyzing the Uptrend(Continued from Prior Part)Analysts maintain a “buy”Most of the analysts covering Bank of America (BAC) stock continued to recommend a “buy.” Bank of America is expected to benefit from the higher
Wells Fargo Asset Management said it appointed Hannah Skeates global head of environmental, social and governance.
If you’re keeping tabs on Well Fargo’s new RIA channel -- the first among wirehouses -- you’ll want to know it just got its second practice. Perry Mattern, a multi-decade veteran of Wells Fargo Advisors and its predecessor firms, announced he has hung out a shingle for a fee-only RIA in Denver. Mattern Capital Management’s four-member team has $500 million in client assets, according to a representative of the firm.
Wells Fargo Asset Management (WFAM) announced today that Hannah Skeates has been appointed global head of Environmental, Social, and Governance (ESG). Hannah is based in London and will report to Fredrik Axsater, head of WFAM Strategic Business Segments. In this role, Hannah is responsible for creating and executing a holistic vision for the ESG segment within WFAM, Wells Fargo’s asset management division, which includes 28 investment teams.
Find out if your bank is likely to be open in 2019 on New Year's Day, MLK Day, Presidents Day, Memorial Day, Independence Day, Labor Day, Columbus Day, Veterans Day, Thanksgiving or Christmas.