|Bid||21.63 x 900|
|Ask||21.80 x 1000|
|Day's Range||21.45 - 21.76|
|52 Week Range||17.41 - 24.02|
|Beta (5Y Monthly)||1.13|
|PE Ratio (TTM)||5.13|
|Forward Dividend & Yield||1.18 (6.68%)|
|Ex-Dividend Date||Aug 30, 2022|
|1y Target Est||N/A|
The 99-year-old investing legend has spoken.
(Bloomberg) -- When regulators hit Wells Fargo & Co. with an unprecedented cap on growth, executives atop the bank expressed confidence they could get it lifted in a year or so. Today marks its fifth birthday.Most Read from BloombergMerck Covid Drug Linked to New Virus Mutations, Study SaysAdani Crisis Deepens as Stock Rout Hits $108 BillionPorsche Blunder Puts $148,000 Sportscar on Sale for Just $18,000Hong Kong to Give Away 500,000 Air Tickets to Revive TourismHow Extreme Bets Fueled an $11.4
The two megabanks that lagged competitors over the course of the bull market run of the past decade, Wells Fargo (NYSE: WFC) and Citigroup (NYSE: C), are outperforming thus far in 2023. Wells Fargo's stock price is up about 13.8% year to date, while Citigroup was up about 14.2%. Wells Fargo, the fourth-largest bank in the U.S. with about $1.9 trillion in total assets under management, has been dogged by regulatory problems over the past several years.