WFC - Wells Fargo & Company

NYSE - Nasdaq Real Time Price. Currency in USD
52.21
-0.68 (-1.29%)
As of 10:20AM EDT. Market open.
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Previous Close52.89
Open53.07
Bid52.61 x 1000
Ask52.62 x 1400
Day's Range52.19 - 53.15
52 Week Range50.26 - 66.31
Volume2,646,564
Avg. Volume19,642,046
Market Cap245.991B
Beta (3Y Monthly)1.35
PE Ratio (TTM)12.33
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield1.72 (3.25%)
Ex-Dividend Date2018-08-09
1y Target EstN/A
Trade prices are not sourced from all markets
  • Bank of America’s Operating Efficiency Improved in Q3
    Market Realist1 hour ago

    Bank of America’s Operating Efficiency Improved in Q3

    Bank of America (BAC) has been reducing its administrative expenditures and increasing its spending on technology to improve its operating efficiency and margins. Improved operating efficiency and margins have led the bank’s earnings to grow at a faster pace.

  • Higher Interest Rates Drove BAC’s Consumer Banking Revenues in Q3
    Market Realist3 hours ago

    Higher Interest Rates Drove BAC’s Consumer Banking Revenues in Q3

    In the third quarter, Bank of America’s (BAC) CB (Consumer Banking) segment’s revenues increased 7.0% YoY to $9.4 billion. This increase was driven by a 10.0% increase in net interest income and partially offset by a modest decline in non-interest income. 

  • Barrons.com3 days ago

    Week’s Best: Morgan Stanley Pays Up, Wells Fargo Is Sued

    To compete, wirehouses have rolled out in-house succession programs that pay retiring advisors to transfer their clients to junior advisors. On Thursday, (MS) took things a steps further, announcing it’s sweetening its sunset retirement packages for top-producing advisors. If participating advisors leave the firm, they’re barred from joining rivals for 90 days, and they lose their retirement program bonuses.

  • China's slowdown casts light on understated exposure at largest US banks
    Yahoo Finance3 days ago

    China's slowdown casts light on understated exposure at largest US banks

    The big four banks have low direct exposure to a slowing Chinese economy, but the interconnectedness of the global economy means that the banks still face a lot of secondary risk.

  • What Drove Bank of America’s Q3 Profits to Jump 37% YoY?
    Market Realist3 days ago

    What Drove Bank of America’s Q3 Profits to Jump 37% YoY?

    On October 15, Bank of America (BAC) reported better-than-expected bottom-line results for the third quarter. The bank posted earnings of $0.67, beating the Wall Street estimate of $0.62 and marking ten consecutive quarters of earnings beats.

  • Barrons.com3 days ago

    Ex-Wells Fargo Advisors: Scandals Hurt Our Business

    Teamed advisors John Perry and Robin Johnson left Wells at the beginning of the month for RBC Capital Markets.

  • Wells Fargo to relocate Center City offices from South Broad Street
    American City Business Journals3 days ago

    Wells Fargo to relocate Center City offices from South Broad Street

    The financial institution will consolidate three of its Philadelphia offices in a much smaller space than it had been in over the years. It will, however, continue to operate a bank branch at 123 S. Broad St.

  • The biggest US banks are battling over where to build physical branches
    Yahoo Finance3 days ago

    The biggest US banks are battling over where to build physical branches

    The brick-and-mortar model isn’t dead — it’s just evolving.

  • TheStreet.com4 days ago

    Jim Cramer: The Move Out of Regional Banks Is Fed-Fueled

    JP Morgan's stock was the most upsetting. Citigroup's stock hung in and then rallied, but it had been the most abused coming into the quarter -- which is always helpful, especially when the company is the biggest buyer of its own stock of the group, something it can do because it has gone from worst to first in the eyes of the regulators. It's worth noting that the stock of Goldman Sachs has had two strong days after the quarter, an aberration from the usual, negative pattern -- particularly on the second day, when the window opens for insider selling.

  • Senator Warren urges Fed to require removal of Wells Fargo CEO
    Reuters4 days ago

    Senator Warren urges Fed to require removal of Wells Fargo CEO

    WASHINGTON/NEW YORK (Reuters) - U.S. Senator Elizabeth Warren said on Thursday the Federal Reserve should not allow Wells Fargo & Co (WFC.N) to grow in size until the bank replaces Chief Executive Officer Tim Sloan. In a letter to Fed Chairman Jerome Powell, Warren said Sloan, a 30-year veteran of Wells, was "deeply implicated" in prior bank misconduct and it was untenable for him to remain at the bank as the Fed sought a drastic overhaul of its operations. "The Wells Fargo Board of Directors cannot plausibly claim that it is 'ensuring senior management's ongoing effectiveness in managing the firm's activities' while retaining a CEO that helped oversee this much misconduct," she wrote.

  • Elizabeth Warren Escalates Her Campaign Against Wells Fargo's CEO
    Bloomberg4 days ago

    Elizabeth Warren Escalates Her Campaign Against Wells Fargo's CEO

    The Massachusetts Democrat escalated her criticism of the San Francisco-based bank in a letter Thursday to Fed Chairman Jay Powell, requesting that he maintain growth limits imposed earlier this year to ensure that real changes are made to fix oversight gaps that allowed consumer abuses including opening millions of accounts without customers’ knowledge. “The Federal Reserve should not remove the growth cap on WFC until the Board replaces Mr. Sloan with a new CEO who has not contributed to the very problems the Federal Reserve is seeking to fix,” Warren wrote.

  • U.S. Senator Warren urges Fed to require removal of Wells Fargo CEO
    Reuters4 days ago

    U.S. Senator Warren urges Fed to require removal of Wells Fargo CEO

    U.S. Senator Elizabeth Warren said on Thursday the Federal Reserve should not allow Wells Fargo & Co to grow in size until the bank replaces Chief Executive Officer Tim Sloan. In a letter to Fed Chairman Jerome Powell, Warren said Sloan, a 30-year veteran of Wells, was "deeply implicated" in prior bank misconduct, and it was untenable for him to remain at the bank as the Fed sought a drastic overhaul of its operations. "The Wells Fargo Board of Directors cannot plausibly claim that it is 'ensuring senior management's ongoing effectiveness in managing the firm's activities' while retaining a CEO that helped oversee this much misconduct," she wrote.

  • Dallas tax company gets $1.1B valuation with new investment
    American City Business Journals4 days ago

    Dallas tax company gets $1.1B valuation with new investment

    Ryan LLC in Dallas has joined a special club of companies valued at more than $1 billion. The tax services and software provider has received a $317 million investment from private equity firm Onex Corp. that values the company at $1.1 billion, according to a statement by the companies. Onex is based in Toronto and has more than $33 billion in assets under management.

  • CNBC4 days ago

    Elizabeth Warren calls on the Fed to demand Wells Fargo fire CEO Tim Sloan

    Sen. Elizabeth Warren on Thursday sent a letter to Federal Reserve Chairman Jerome Powell calling on the Fed to maintain its growth cap on Wells Fargo until the bank replaces CEO Tim Sloan. Calling Sloan "deeply implicated in the bank's repeated and egregious misconduct," Warren urged the central bank to continue to enforce a February order that bars Wells Fargo from growing any larger. The Fed slapped the bank with the penalty in response to Wells Fargo's 2016 fake accounts scandal, in which employees opened millions of scam bank accounts.

  • 3 Stock Charts for Thursday: Wells Fargo, CSX and Macy’s
    InvestorPlace4 days ago

    3 Stock Charts for Thursday: Wells Fargo, CSX and Macy’s

    All things considered, it could have been worse. The S&P 500 could have closed at Wednesday’s low of 2,781.81, logging a 1% loss for the session, quelling any hopes for a rebound built on Monday’s big bounce. But the market snapped back at mid-day, closing the gap to a loss of only 0.03% yesterday.

  • Big Bank Earnings Are Less Than Meets the Eye
    Bloomberg4 days ago

    Big Bank Earnings Are Less Than Meets the Eye

    Wells Fargo & Co., perhaps unsurprising given its recent problems, has the biggest gap between what it reported as earnings growth, which was cheered as a sign of improvement, and the profits its operations produced. More than half of the non-operating boost came from the tax change, which saved the nation’s six biggest banks $3.3 billion in the third quarter alone.

  • Motley Fool5 days ago

    Could Wells Fargo Be the Earnings Season Winner Among the Big Banks?

    Wells Fargo reported a non-terrible quarter for the first time in a while.

  • Is Wells Fargo & Company a Buy?
    Motley Fool5 days ago

    Is Wells Fargo & Company a Buy?

    A bounce-back quarter, rising interest rates, and putting distance between itself and its many recent scandals are all positives. It's also dirt cheap.

  • Wells Fargo (WFC) Gains But Lags Market: What You Should Know
    Zacks6 days ago

    Wells Fargo (WFC) Gains But Lags Market: What You Should Know

    Wells Fargo (WFC) closed at $53.68 in the latest trading session, marking a +0.83% move from the prior day.

  • Investopedia6 days ago

    Investing in 'Too Big to Fail' Banks After Earnings

    Recent earnings releases from the four "too big to fail" money center banks did not result in share price volatility, as each stock remained below its 2018 highs set between Jan. 29 and March 12. My most significant observation is that banks were supposed to benefit from higher interest rates, and the Federal Reserve has been hiking the federal funds rate since December 2015. Bank of America Corporation ( BAC) is the second largest of the four "too big to fail" money center banks, with total assets of $1.776 trillion at the end of the second quarter, down from $1.784 trillion at the end of the first quarter.

  • Reuters6 days ago

    Wells Fargo to shift European investment banking business to Paris as Brexit looms

    The San Francisco-based bank, whose purchase of a high-profile location near the Bank of England two years ago was seen as a vote of confidence in the Brexit process, said it would continue to service UK and non-EU clients from London. The company said a new subsidiary based in Paris would provide capital markets and investment banking services for European and international customers who require access to the EU and the European Economic Area. The company gave no indication whether the move would lead to job cuts in London or how many it would employ in Paris.

  • Reuters6 days ago

    Wells Fargo to shift European investment banking business to Paris as Brexit looms

    Wells Fargo & Co said on Tuesday it had applied for an investment firm license in France as part of a Brexit strategy to shift some of its servicing of European mainland customers out of London. The San Francisco-based bank, whose purchase of a high-profile location near the Bank of England two years ago was seen as a vote of confidence in the Brexit process, said it would continue to service UK and non-EU clients from London. The company said a new subsidiary based in Paris would provide capital markets and investment banking services for European and international customers who require access to the EU and the European Economic Area.

  • Fed will continue to raise interest rates despite Trump criticism
    Yahoo Finance Video4 days ago

    Fed will continue to raise interest rates despite Trump criticism

    The Federal Reserve Bank will continue to raise interest rates despite Trump's criticism. Yahoo finance's Seana Smith, and Adam Shapiro discuss.

  • MARKETS: Bank stocks are strong, but consumer names are weak—especially after today's housing data
    Yahoo Finance Video5 days ago

    MARKETS: Bank stocks are strong, but consumer names are weak—especially after today's housing data

    Live from the floor of the New York Stock Exchange, Yahoo Finance's Jared Blikre joins Seana Smith to discuss the latest market moves.