WFC - Wells Fargo & Company
51.29 -0.25 (-0.49%)
After hours: 7:50PM EDT
| Previous Close | 50.39 |
| Open | 50.51 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 50.49 - 51.61 |
| 52 Week Range | 49.27 - 66.31 |
| Volume | 23,678,427 |
| Avg. Volume | 23,925,601 |
| Market Cap | 251.2B |
| Beta | 1.24 |
| PE Ratio (TTM) | 12.30 |
| EPS (TTM) | 4.19 |
| Earnings Date | Jul 13, 2018 |
| Forward Dividend & Yield | 1.56 (3.07%) |
| Ex-Dividend Date | 2018-02-01 |
| 1y Target Est | 63.00 |
Yahoo Finance Video•5 hours agoMARKETS: How soaring crude oil is lifting bank stocks in the process vis a vis the yield curve
Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves.
- The Wall Street Journal•37 minutes ago
[$$] Wells Fargo Close to $1 Billion Settlement on Risk Management
Wells Fargo & Co. is close to settling claims by federal regulators related to its risk management, involving a fine of as much as $1 billion, people familiar with the matter said. The settlement with the Consumer Financial Protection Bureau and Office of the Comptroller of the Currency is expected to be announced as soon as Friday. The settlement also could include increased regulatory scrutiny of the bank’s compensation to employees responsible for its sales practices, according to a person familiar with the matter.
- The Wall Street Journal•40 minutes ago
Growth in Banks’ ROEs Gets Boost From New Tax Law
JPMorgan Chase & Co., Wells Fargo & Co., Bank of America , Citigroup , Goldman Sachs Group and Morgan Stanley -- reported an average return on equity of 13% in the first quarter, up from an average 10.1% in the first quarter of 2017. Wells Fargo's ROE would have fallen year-over-year, not risen, if not for the tax-related boost.
- American City Business Journals•59 minutes ago
In time for Earth Day, Wells Fargo sets goal to lend billions to ‘sustainable’ businesses
Sometimes dismissed as PR stunts, others see big lending commitments as a way for banks to direct their financial power in support of major social goals, such as lending to racial minorities and women- and veteran-owned businesses.
- Bloomberg•2 hours ago
Wells Fargo $1B Fine From Fed
Wells Fargo may be fined $1 billion for misbehavior in its mortgage and auto-lending businesses, according to Washington Post #tictocnews (Source: Bloomberg)
Reuters•3 hours agoWells Fargo nears $1 billion settlement for loan abuses: source
Last week, the U.S. Consumer Financial Protection Bureau (CFPB) and the Office of the Comptroller of the Currency (OCC) proposed Wells Fargo to pay the penalty to resolve probes into auto insurance and mortgage lending abuses at the third largest U.S. bank. The CFPB had been readying sanctions alongside the OCC, Wells Fargo's day-to-day regulator.
- Reuters•3 hours ago
Wells Fargo nears $1 billion settlement for loan abuses - source
Last week, the U.S. Consumer Financial Protection Bureau (CFPB) and the Office of the Comptroller of the Currency (OCC) proposed Wells Fargo to pay the penalty to resolve probes into auto insurance and mortgage lending abuses at the third largest U.S. bank. The CFPB had been readying sanctions alongside the OCC, Wells Fargo's day-to-day regulator.
- Bloomberg•4 hours ago
Wells Fargo Dropped by Teachers Union Over Ties to Gun Industry
Wells Fargo & Co.’s financial ties to gunmakers and the National Rifle Association have prompted the American Federation of Teachers to remove the bank from its list of recommended mortgage lenders. The 1.7-million-member national union said the move came after its attempts to meet with bank executives to discuss the matter went unanswered, according to a letter released Thursday. The AFT had contacted the bank earlier, urging the firm to stop doing business with the NRA and makers of guns and ammunition.
- Business Wire•4 hours ago
Wells Fargo Announces $200 Billion Sustainable Financing Commitment
Wells Fargo & Company (WFC) today announced it will provide $200 billion in financing to sustainable businesses and projects by 2030, with more than 50 percent focused on clean technology and renewable energy transactions that directly support the transition to a low-carbon economy. The company also detailed its commitment to transparency in its methodology for accounting, project inclusion, and the carbon intensity of its credit portfolio, and will regularly report on the social, environmental, and economic impacts of the lending. Wells Fargo CEO Tim Sloan made the announcement during his keynote at the CECP CEO Force for Good Investor Forum in San Francisco.
- CNBC•4 hours ago
Teachers union dumps Wells Fargo mortgage promotion for members over bank's gun-industry ties
The union is part of a national wave of activism trying to get the firearms industry to improve gun safety and sales policies.
- MarketWatch•6 hours ago
Teacher union cuts Wells Fargo mortgage program over gun ties
The American Federation of Teachers on Thursday ended its mortgage program with Wells Fargo , saying Wells had refused to meet to discuss its concerns over its support for the National Rifle Association ...
- American City Business Journals•8 hours ago
Here are the Tampa Bay bank branches that closed in Q1
The number of bank branches is shrinking nationwide, but even with technology people still want to come into the office for some types of business, bankers say.
- Business Wire•10 hours ago
Wells Fargo & Company Annual Meeting of Shareholders
Wells Fargo & Company will hold its 2018 Annual Meeting of Shareholders on April 24, 2018, at 10:00 a.m., CDT, at the Des Moines Marriott Downtown, 700 Grand Avenue, Des Moines, Iowa.
- Zacks•10 hours ago
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