WFC-PX - Wells Fargo & Company
| Previous Close | 25.30 |
| Open | 25.33 |
| Bid | 25.30 x 1300 |
| Ask | 25.32 x 1200 |
| Day's Range | 25.29 - 25.33 |
| 52 Week Range | 20.90 - 25.66 |
| Volume | 88,463 |
| Avg. Volume | 70,577 |
| Market Cap | 210.648B |
| Beta (3Y Monthly) | 0.23 |
| PE Ratio (TTM) | 5.59 |
| EPS (TTM) | 4.52 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 1.38 (5.43%) |
| Ex-Dividend Date | 2019-05-30 |
| 1y Target Est | N/A |
- Yahoo Finance•3 days ago
Largest U.S. banks clear first round of 'stress tests,' fewer banks tested
The Fed released the first round of stress tests for this year, showing that banks have cleaned up their balance sheets. But regulatory changes meant fewer banks were tested this year.
- American City Business Journals•4 days ago
West Sacramento approves homebuyer assistance program
The program is set to help West Sacramento residents who earn the area median income, or less, afford a down payment for a home.
- American City Business Journals•5 days ago
City leaders want to make it easier to buy a home in West Sacramento
The city of West Sacramento is considering a new program to spur homeownership in parts of the city. West Sacramento's City Council is set to weigh in on a proposal Wednesday to launch a program that would provide financial assistance to help prospective homebuyers afford a down payment. The funds would be used to supplement an ongoing a grant program in the region called NeighborhoodLIFT, according to the city.
- Reuters•6 days ago
UPDATE 1-Wells Fargo parent is dismissed from lawsuit by Philadelphia, Baltimore
Wells Fargo & Co was dismissed as a defendant in a lawsuit brought by the cities of Philadelphia and Baltimore, which accused large banks of conspiring to inflate interest rates for variable-rate demand obligations (VRDO), a type of tax-exempt bond. Other Wells Fargo entities remain defendants. Goldman Sachs Group Inc and JPMorgan Chase & Co were previously dismissed from the case, though affiliates of those banks remain defendants, according to court records.
- Reuters•6 days ago
Wells Fargo is dismissed from municipal bond lawsuit by Philadelphia, Baltimore
Wells Fargo & Co was dismissed as a defendant in a lawsuit by the cities of Philadelphia and Baltimore, which accused large banks of conspiring to inflate interest rates for variable-rate demand obligations, a type of tax-exempt bond. The dismissal came after Wells Fargo represented that it did not remarket, provide letters of credit for, or manage money market funds that invested in the bonds, according to a Tuesday filing in Manhattan federal court. JPMorgan Chase & Co and Fifth Third Bancorp were previously dismissed as defendants.
- Markit•6 days ago
See what the IHS Markit Score report has to say about Wells Fargo & Co.
Wells Fargo & Co NYSE:WFCView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for WFC with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting WFC. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding WFC are favorable, with net inflows of $9.77 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. WFC credit default swap spreads are within the middle of their range for the last three years.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- American City Business Journals•7 days ago
Wells Fargo, Bank of America bringing down payment assistance programs to Baltimore
Wells Fargo and Bank of America, two of the largest banks in Greater Baltimore, will provide millions for down payment assistance grants to low- and moderate-income homebuyers.
- American City Business Journals•10 days ago
Will others follow Bay Area bank tapping talent at Wells Fargo for expansion?
Several Bay Area banks are likely to unveil expansion plans soon as Wells Fargo releases business banking talent as part of a restructuring.
- American City Business Journals•10 days ago
Wells Fargo's commercial bank has shifted: Here's what it means for Charlotte
Wells Fargo said these changes were intended to create more efficient operations with less risk involved.
- American City Business Journals•11 days ago
These banks have given the most SBA loans in Houston so far in FY 2019
This year's top lenders have shifted around compared to last year's as the fiscal year enters the fourth quarter.
- Yahoo Finance•12 days ago
The battle of US banking giants could be won in Charlotte
Charlotte, North Carolina is the focal point of a brewing war between the big banks, as BB&T and SunTrust merge and giants Chase and U.S. Bank move in.
- American City Business Journals•12 days ago
From Army officer to pro golfer to banker: Meet Wells Fargo’s new Denver-based commercial banking leader
Before launching his career in banking, Ralph Hamm served as an Army officer and traveled throughout the country as a professional golfer. “It's okay to fail and you can learn a lot from that,” Hamm said on what he learned from his professional golf career. “Adversity is a good thing.” Hamm was recently appointed the new commercial banking division executive for the mountain division for San Francisco-based banking giant Wells Fargo (NYSE: WFC), amid the restructuring of some of its business segments announced last week. He was the division manager in the former middle market banking group in Portland, Oregon before taking on his new role.
- Barrons.com•13 days ago
Wells Fargo’s CEO Search Is Another Knock Against Its Board
Wells Fargo still hasn’t found a permanent CEO since former Chief Executive Tim Sloan left the bank in March. Its board’s pledge to find an outsider to run the bank is proving difficult.
- Barrons.com•13 days ago
Wells Fargo’s CEO Recruiting Problem
THINGS TO KNOW Financial advisors at (WFC) might have hoped the bank would quickly find a replacement for former CEO Tim Sloan, who resigned in late March. A new chief might be able to further steer the company away from a recent history of scandals that have battered its reputation and led to regulatory consequences.
- American City Business Journals•13 days ago
Wells Fargo names female execs for new Arizona commercial banking division
The two executives, who have both been with Wells Fargo for years, will split up various business banking territories around the state.
- American City Business Journals•13 days ago
Wells Fargo selling majority stake in real estate banking giant Eastdil
Eastdil Secured LLC, one of the nation’s largest real estate investment banking companies, will soon be privately held and under new ownership. Temasek, a Singapore-based investment company, and “certain institutional clients” of Guggenheim Investments will take majority ownership while Wells Fargo & Co. (NYSE: WFC), Eastdil’s current owner, will hold a minority stake in the company.
- American City Business Journals•13 days ago
Banker fired in wake of suspect $4B Burger King deal sues Wells Fargo
The suit says that in firing John Guenther, Wells Fargo "was motivated by an unlawful reason and purpose — to avoid the scrutiny of federal regulators."
- American City Business Journals•14 days ago
Wells Fargo names Bay Area business banking executives as part of restructuring
The restructuring of business banking is the latest sign that Wells Fargo’s leadership might be finally putting a series of scandals behind them.
- American City Business Journals•14 days ago
Wells Fargo agrees to $385M settlement for auto insurance scheme
Wells Fargo & Co. has agreed to pay at least $385 million to settle a lawsuit after saddling millions of customers with auto insurance that they neither needed nor wanted.
