WFC - Wells Fargo & Company
| Previous Close | 46.61 |
| Open | 46.94 |
| Bid | 0.00 x 1100 |
| Ask | 0.00 x 1000 |
| Day's Range | 46.32 - 47.51 |
| 52 Week Range | 46.12 - 66.31 |
| Volume | 26,740,046 |
| Avg. Volume | 23,187,326 |
| Market Cap | 218.981B |
| Beta (3Y Monthly) | 1.15 |
| PE Ratio (TTM) | 10.99 |
| EPS (TTM) | 4.23 |
| Earnings Date | Jan 15, 2019 |
| Forward Dividend & Yield | 1.72 (3.70%) |
| Ex-Dividend Date | 2018-11-08 |
| 1y Target Est | 61.59 |
- Motley Fool•9 hours ago
Here's Who Bought Back the Most Stock in Q3 (Hint: It's Not Apple)
Tech companies represented four out of the top five repurchasers.
- American City Business Journals•9 hours ago
SunTrust adds ATMs to Atlanta airport as official bank
SunTrust's full-service branch will open in the main domestic terminal during the first quarter of 2019, likely in time for Super Bowl LIII.
- American City Business Journals•9 hours ago
Wells Fargo debuts banking app for Uber drivers, other gig workers
Wells Fargo's debut of the Greenhouse app to help people better manage their money is an example of the big banks trying to head off fintech rivals, which see a similar need for new financial tools.
- Barrons.com•11 hours ago
Sizing Up Wells Fargo’s Iffy Bonuses
Report: The growth incentives that helped put Wells Fargo’s wealth management business in hot water were shocking due to their size and short-term focus.
- MarketWatch•14 hours ago
Stock buybacks soar 58% in Q3 as companies use tax savings to boost shareholder returns
Share repurchases during the third quarter by companies in the S&P 500 soared 58% from a year ago to a quarterly record of $203.8 billion, according to S&P Dow Jones Indices. That marks the third consecutive quarterly record, a sign that companies were using savings from the corporate tax rate cut that went into effect this year to ramp up shareholder returns. The percentage of companies that used buyback to reduced the number of outstanding shares by at least 4% increased 18%, after rising 15% in the second quarter. "Companies have used their tax savings to push up discretionary buybacks and boost earnings through significantly reduced share counts," said S&P Dow Jones Senior Index Analyst Howard Silverblatt. "The buying, while broad, continued to be top heavy, with the top 20 issues accounting for 54.3% of all S&P 500 buybacks, a level not seen since Q1 2010, when it was at 59.8%." The top share repurchases were Qualcomm Inc. , which bought back $21.1 billion worth of its shares during the third quarter, followed by Apple Inc. , which spent $19.4 billion.
- PR Newswire•15 hours ago
S&P 500 Q3 2018 Buybacks Surpass $200 Billion Mark for the First Time Ever
- Q3 share repurchases increase 57.7% year over year to a record $203.8 billion - This is the third consecutive quarterly record, up 6.9% from Q2 2018 - Q1 to Q3 year-to-date expenditures are only 1% shy ...
- Zacks•16 hours ago
The Zacks Analyst Blog Highlights: McDonald???s, AbbVie, Altria, Wells Fargo and Disney
The Zacks Analyst Blog Highlights: McDonald???s, AbbVie, Altria, Wells Fargo and Disney
- Business Wire•yesterday
Keller Rohrback Investigates Latest Wells Fargo Scandal: Customers Foreclosed on After Computer “Glitch”
Wells Fargo recently sent letters to home mortgage customers apologizing for a “faulty calculation” that caused qualified borrowers, who were part of the Home Affordable Modification Program (HAMP), to be improperly rejected or not offered a loan modification. Wells Fargo’s letters to customers say, “When you were considered for a loan modification, you weren’t approved, and now we realize that you should’ve been. Keller Rohrback—a leading consumer protection law firm that was the first firm to bring a class action lawsuit against Wells Fargo over its practice of opening unauthorized deposit and credit accounts—is now investigating claims people who were affected by these modification denials may have against Wells Fargo.
- Investing.com•yesterday
Stocks - Dow Slumps as Investors Flee Risk on Fed Fears
Investing.com - The Dow closed sharply lower Monday as investors took some risk off the table ahead of the Federal Reserve decision later this week.
- American City Business Journals•yesterday
Wells Fargo execs on how middle-market companies are preparing for 2019
Forget market volatility and panic over economic slowdown. Middle-market companies in the Carolinas are still moving confidently into 2019.
- InvestorPlace•yesterday
4 Reasons to Be Bullish on Bank of America Stock
Since mid-September, Bank of America (NYSE:BAC) stock has been mostly trending lower, as the shares have gone from $31 to $24.50. Despite the yield curve inversion, there are few signs of a recession on the horizon.
- GuruFocus.com•2 days ago
52-Week Company Lows
According to GuruFocus list of 52-week lows, these Guru stocks have reached their 52-week lows. The price of JPMorgan Chase & Co. (JPM) shares has declined to close to the 52-week low of $100.29, which is 16.8% off the 52-week high of $119.33. The company has a market cap of $333.46 billion.
- Business Wire•2 days ago
Majority of Investors Say Fed Should Stop Raising Rates, According to Wells Fargo/Gallup Study
U.S. investors are not supportive of further interest rate hikes, with a majority surveyed by Wells Fargo – 61 percent – saying the Federal Reserve should not continue to raise rates, up from 46 percent surveyed in May. Nearly half of those investors – 48 percent – say that raising rates would be “bad” for the economy, outweighing 16 percent who say rate hikes would be beneficial. In addition, 47 percent of surveyed investors say their income has not kept up with the rate of inflation over the past four years. The latest findings come from the fourth quarter Wells Fargo Investor and Retirement Optimism Index survey, conducted Nov. 12-20.
- Zacks•2 days ago
Markets in Correction Mode: Here's What it Means for Banks
Banks are performing decently at present. But concerns related to global economic slowdown and diminishing chances of future rates will likely hamper growth.
- American City Business Journals•2 days ago
City of Philadelphia's lawsuit against Wells Fargo ordered to mediation
In a one-page order Wednesday, U.S. District Judge Anita Brody of the Eastern District of Pennsylvania stayed the lawsuit that claims the bank engaged in discriminatory lending practices and sent the matter to retired magistrate Judge Diane Welsh next month to see if the two sides can reach an agreement out of court after 18 months of discovery and motions.
- Motley Fool•2 days ago
If Warren Buffett Loves Wells Fargo So Much, Why Is He Selling the Stock?
Berkshire Hathaway has unloaded more than 60 million Wells Fargo shares in recent years. What does it mean to investors?
- ACCESSWIRE•2 days ago
Today's Research Reports on Trending Tickers: Wells Fargo & Company and Lloyds Banking Group
NEW YORK, NY / ACCESSWIRE / December 17, 2018 / U.S. markets slumped on Friday as bank shares dragged equities lower amidst concerns about global economic slowdown after China’s industrial and sales growth ...
Investopedia•2 days agoA Looming Spike In Inflation Is Bad News For Stocks
- Insider Monkey•3 days ago
5 Quality Dividend Growth Stocks With Huge Upside Potential
Investors in the market for large-cap dividend-paying companies that nonetheless have huge growth potential need look no further than the following five stocks, which are heavily weighted in the WisdomTree US Quality Dividend Gr ETF (NASDAQ:DGRW) as well as beloved by hedge funds. WisdomTree Investments, Inc. (NASDAQ:WETF) is one of the leading providers of specialized […]
- Barrons.com•4 days ago
Week’s Best: Morgan Stanley’s Saperstein on Growth; Wells Fargo RIA
Reasons to cheer (WFC) RIA plan. The wirehouse’s recently announced plan to open RIA offices is the talk of the industry and has generated some skepticism. The RIA model may be less profitable than Wells’ brokerage business, but it could help the company retain and recruit advisors interested in making the transition to an RIA, according to Elzweig.
- InvestorPlace•4 days ago
9 Best Dividend Stocks to Buy for Every Investor
Zacks•4 days agoWells Fargo (WFC) Stock Moves -1.04%: What You Should Know
Wells Fargo (WFC) closed at $46.54 in the latest trading session, marking a -1.04% move from the prior day.
- The Wall Street Journal•4 days ago
[$$] Wells Fargo Prods Less-Productive Brokers
’s compensation plan for advisors will be largely unchanged next year, but the wirehouse’s lowest-producing reps will feel a pinch. The pay rate for advisors with at least seven years of experience will drop if their 12-month revenue dips below $250,000, Bloomberg reports. The company’s advisors typically keep 22% of monthly revenue until they reach a monthly target of $11,500, $12,500 or $13,250 (depending on the advisor) and then 50% of additional revenue, the news outlet notes.
- Barrons.com•4 days ago
Wells Fargo Prods Less-Productive Brokers
(WFC)’s compensation plan for advisors will be largely unchanged next year, but the wirehouse’s lowest-producing reps will feel a pinch. The pay rate for advisors with at least seven years of experience will drop if their 12-month revenue dips below $250,000, Bloomberg reports. The company’s advisors typically keep 22% of monthly revenue until they reach a monthly target of $11,500, $12,500 or $13,250 (depending on the advisor) and then 50% of additional revenue, the news outlet notes.
Bloomberg•4 days agoRetail Sales Show U.S. Consumer Keeping Foot on Growth Pedal
Americans took advantage of lower fuel prices and Black Friday sales that kicked off the holiday-shopping season last month, setting up household consumption for a stronger-than-expected quarterly increase following what were already the best back-to-back gains in four years. Factory output was unchanged last month while the prior month’s reading was revised to a decline from a gain, Federal Reserve data showed Friday. While the economy’s pace is still projected to moderate in the final three months of the year from 3.5 percent in the third quarter, retail sales alleviated some concerns that growth is weakening even more.
