WFC - Wells Fargo & Company
55.09 +0.01 (0.02%)
After hours: 7:45PM EDT
| Previous Close | 54.98 |
| Open | 54.51 |
| Bid | 54.68 x 1100 |
| Ask | 55.00 x 4000 |
| Day's Range | 54.43 - 55.23 |
| 52 Week Range | 49.27 - 66.31 |
| Volume | 17,856,741 |
| Avg. Volume | 19,572,382 |
| Market Cap | 268.398B |
| Beta | 1.25 |
| PE Ratio (TTM) | 13.66 |
| EPS (TTM) | 4.03 |
| Earnings Date | Jul 13, 2018 |
| Forward Dividend & Yield | 1.56 (2.84%) |
| Ex-Dividend Date | 2018-05-03 |
| 1y Target Est | 60.80 |
- The Wall Street Journal•2 hours ago
[$$] Wells Fargo to Restructure Wealth Management Business
Wells Fargo & Co. is expected to announce a restructuring of its wealth management business, according to people familiar with the matter, as it grapples with government investigations tied to client referrals and other related matters. The bank is planning to combine two large divisions within the business, known internally as Wealth Brokerage Services and Private Client Group, the people said. The private client group has about 9,500 brokers who work out of Wells Fargo’s brokerage offices, and Wealth Brokerage Services has around 3,400 brokers who work out of retail bank branches.
- Reuters•2 hours ago
Wells Fargo mulls combining wealth management divisions
The two divisions - the private client group overseen by David Kowach and wealth brokerage services overseen by Jay Welker - have long overlapped. Wealth brokerage services, which employs brokers who work in bank branches, is in the same section of the bank as the private bank, which employs wealth managers who advise the ultra-rich.
Reuters•2 hours agoWells Fargo mulls combining wealth management divisions
The two divisions - the private client group overseen by David Kowach and wealth brokerage services overseen by Jay Welker - have long overlapped. Wealth brokerage services, which employs brokers who work in bank branches, is in the same section of the bank as the private bank, which employs wealth managers who advise the ultra-rich.
- American City Business Journals•5 hours ago
Wells Fargo sheds almost 100 jobs in pricey San Francisco
Moving jobs out of San Francisco, even this modest amount, is likely to resonate with Bay Area residents pondering a move to one of the many cities where their money goes further.
- Investor's Business Daily•5 hours ago
These Banks Are Seen Paying Out The Most To Investors After Stress Test
The majority of banks are expected to pay out more than they earn to shareholders for the first time since the 2008 financial crisis, despite this year's tougher stress tests.
- Motley Fool•9 hours ago
3 Top Bank Stocks to Buy Right Now
Here are three banks well positioned to keep moving higher.
- Zacks•12 hours ago
Wells Fargo Asset Management Unit Taps Into Private Credit
Wells Fargo (WFC) to move ahead of past misconducts with settlement and focus on improving financials.
- Business Wire•13 hours ago
Wells Fargo Investment Institute Midyear Outlook
Wells Fargo Investment Institute today released its 2018 midyear outlook report, “Late Cycle Doesn’t Mean End of Cycle.” The report makes the case that the economic recovery, which coincides with the equity bull market, has more room to run. It also describes near-term opportunities in U.S. equities and suggests that the environment is becoming more favorable for select alternative investment strategies. “The first half of the year certainly delivered on our outlook’s anticipated market volatility, but there are a variety of indicators that convince us the bull market could run for another year or longer.
- The Wall Street Journal•yesterday
[$$] Wells Fargo Struggles to Get Off the Municipal-Bond Blacklist
Some states and cities that do business with Wells Fargo & Co. continue to steer clear of the bank when selling municipal bonds to the public, the latest sign larger customers haven’t forgiven its sales-practices scandal. New York City’s leaders have a prohibition on bond deals with Wells Fargo. California and Ohio both recently extended their own limitations on doing business with the bank.
- Forbes•2 days ago
How Top Brands Are Using Employee Advocacy To Rebrand Themselves And Recruit Top Talent
Employee initiatives aren’t new, per se, but they are trackable now in a way that makes them much more valuable for data-focused executives.
- Business Wire•3 days ago
Keller Rohrback: Judge Approves $142 Million Wells Fargo Unauthorized Accounts Settlement; Customers Have Until July 7 to File a Claim
The settlement, negotiated by Seattle-based law firm Keller Rohrback L.L.P., includes a first-of-its-kind mechanism to repay Wells Fargo victims for increased borrowing costs incurred because of a change to their credit score, together with credit repair services to reverse the harm itself. “We are pleased that the Court has granted final approval of the settlement so that the victims of Wells Fargo’s unauthorized account debacle can receive the innovative and substantial relief provided by this class action settlement,” said Derek Loeser, a partner at Keller Rohrback L.L.P. and lead counsel for the nationwide class.
- American City Business Journals•3 days ago
Wells Fargo CEO: $142M settlement is 'a significant step forward in making things right'
California's Northern District Court gave final approval on Thursday for a $142 million class-action lawsuit settlement related to unfair sales practices at Wells Fargo & Co.
- Moody's•3 days ago
TIAA Bank Mortgage Loan Trust 2018-2 -- Moody's assigns provisional ratings to Prime RMBS issued by TIAA Bank Mortgage Loan Trust 2018-2
Moody's Investors Service ("Moody's") has assigned provisional ratings to 28 classes of residential mortgage-backed securities (RMBS) issued by TIAA Bank Mortgage Loan Trust 2018-2 (TBMLT 2018-2). TIAA Bank Mortgage Loan Trust 2018-2 (TBMLT 2018-2) is the second transaction entirely backed by loans originated by TIAA, FSB since 2013.
Yahoo Finance Video•8 hours agoStudent loan debt is crushing college grads
44 million Americans are paying off student loan debt and colleges are adding to the burden. Yahoo Finance's Seana Smith, Andy Serwer, Julia LaRoche and Jeanie Ahn discuss.
