|Bid||47.31 x 3000|
|Ask||47.30 x 3200|
|Day's Range||47.17 - 47.42|
|52 Week Range||43.02 - 59.53|
|Beta (3Y Monthly)||1.27|
|PE Ratio (TTM)||10.45|
|Forward Dividend & Yield||1.80 (3.73%)|
|1y Target Est||N/A|
Wells Fargo Commercial Distribution Finance™ (CDF) announced today its 50th anniversary of providing inventory financing in Canada. Based in Mississauga, CDF employs more than 200 people and serves more than 3,800 businesses in all 10 provinces and three territories. Founded in 1969, CDF provides customized financing solutions to fund the flow of finished durable goods from manufacturers to dealers.
NEW YORK, NY / ACCESSWIRE / April 12, 2019 / Wells Fargo & Company (NYSE: WFC ) will be discussing their earnings results in their 2019 First Quarter Earnings to be held on April 12, 2019, 2018 at 10:00 ...
Despite increasing automation in nearly all aspects of the consumer experience, 84 percent of investors say that financial advisors will always be needed and will not be replaced by automated investing technology, according to the first quarter 2019 Wells Fargo/Gallup Investor and Retirement Optimism Index survey. “Financial advisors remain a vital source of advice for most investors,” said Wayne Badorf, head of Intermediary Distribution at Wells Fargo Asset Management.
Wells Fargo & Company (WFC) announced today that Wells Fargo Bank, N.A. has entered into an agreement with Principal Financial Group® (PFG) to sell its Institutional Retirement & Trust (IRT) business, which includes its retirement plan recordkeeping and administrative services (401(k) and pension plans), executive deferred compensation (non-qualified plans), institutional trust and custody and institutional asset advisory businesses. The transaction, which is expected to close early in the third quarter of 2019, subject to receipt of required regulatory approval, will create one of the largest retirement providers in the industry.
Definitive agreement includes Wells Fargo’s defined contribution, defined benefit, executive deferred compensation, employee stock ownership plans, institutional trust and custody and institutional asset advisory businesses. Today, Principal Financial Group® (PFG) announced a definitive agreement with Wells Fargo & Company (WFC) to acquire its Institutional Retirement & Trust business.
As part of Wells Fargo’s recent branding campaign and redesign, Wells Fargo Asset Management (WFAM) today announced a new brand initiative to provide clients with a more integrated, consistent product and solutions-focused experience.
As shared with participating Wells Fargo Campus Card colleges and universities in February, Wells Fargo has introduced a set of new benefits that are now in effect for students who are Wells Fargo Campus Card customers. The benefits include offering Campus Card customers the opportunity to receive waivers or credits for four services that some students use as they begin managing their first bank accounts. With the new benefits, Wells Fargo expects average costs incurred for its reported Campus Card population to be reduced by approximately half, assuming similar levels of utilization and transaction activity.
STAMFORD, Conn., April 03, 2019 -- Finacity Corporation (“Finacity”) announced that it has successfully renewed the IFRS off-balance sheet trade receivables securitization for.
Wells Fargo & Company (WFC) announced today a newly enhanced, simplified checkout experience with the launch of contactless consumer credit and debit cards. The new cards will allow customers to complete a transaction quickly with a single tap at millions of merchants, including transit systems, around the world that accept contactless payments – an additional option to inserting or swiping their cards, or leveraging a digital wallet to authorize a payment. Later this year, customers will also be able to tap to initiate an ATM transaction at Wells Fargo’s more than 13,000 ATMs across the nation.
NEW YORK, April 01, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
The Wells Fargo Income Opportunities Fund , the Wells Fargo Multi-Sector Income Fund , and the Wells Fargo Utilities and High Income Fund have each announced a distribution.
Wells Fargo & Company (WFC) announced today that Chief Executive Officer and President Timothy J. Sloan has informed the Company’s Board of Directors of his decision to retire from the Company, effective June 30, 2019, and to step down as CEO, president, and Board member effective immediately. The Board has elected C. Allen Parker, who served as the Company’s General Counsel, as interim CEO and President (and member of the Board), effective immediately. An external search process will now begin for the Company’s new CEO and President.
Recent flooding in the Midwest has had a devastating effect on local communities. Reflecting its commitment to local communities and residents, Wells Fargo & Company (WFC) today announced a donation of $325,000 to aid in the flood relief efforts. The Wells Fargo Foundation will donate $250,000 to the American Red Cross* for immediate needs and an additional $75,000 will be distributed to local nonprofits to aid with the recovery in affected communities.
Wells Fargo today announced the company donated $6.2 million through 234 grants to local nonprofits, schools and community organizations in 2018 to help the communities and people of Maryland. Wells Fargo’s philanthropic contributions build on a long history of collaboration with local nonprofits and community leaders to make a positive impact by addressing urgent community issues such as affordable housing, small business growth, access to education and workforce development.
WASHINGTON, March 25, 2019 /PRNewswire/ -- Today an alliance of diverse chambers of commerce, in collaboration with Wells Fargo, launched a new Chamber Leadership Development Program to support diverse entrepreneurs in the U.S. The alliance includes the National LGBT Chamber of Commerce, the U.S. Black Chambers Inc., the U.S. Hispanic Chamber of Commerce, and the US Pan Asian American Chamber of Commerce Education Foundation. The Chamber Leadership Development Program is aimed at educating and developing leaders of diverse state and local chambers of commerce to support diverse entrepreneurs.
- Q4 share repurchases increased 62.8% year-over-year to a record $223.0 billion - This is the fourth consecutive quarterly record -- longest streak in the 20 years SPDJI has tracked - Total 2018 buybacks ...
Wells Fargo & Company , as previously announced, will report its first quarter 2019 earnings on Friday, April 12, 2019, at 5 a.m. PT . The news release will be available at https://www.wellsfargo.com/about/investor-relations/quarterly-earnings/.
Effective April 1, 2019, Andrew Tuttle, CFA, of Crow Point Partners, LLC, will no longer be a portfolio manager for the Wells Fargo Global Dividend Opportunity Fund (EOD) and the Wells Fargo Utilities and High Income Fund (NYSE American: ERH).1 Crow Point Partners is a subadvisor to the two affected funds.
Giving addresses community issues around affordable housing, small businesses, education and sustainability
In opening remarks today, Wells Fargo CEO and President Tim Sloan shared with the U.S. House Committee on Financial Services the many ways that Wells Fargo has become a better bank through the ongoing transformation of its operations, leadership and culture. Sloan also updated the committee on the company’s efforts to compensate customers for past issues and on how the bank is working to become the most customer-focused, efficient and innovative Wells Fargo ever. “Above all, Wells Fargo is committed to making things right for our customers and earning back the public’s trust,” Sloan said in his testimony.
Wells Fargo & Company (WFC) today announced that CEO and President Timothy J. Sloan will appear before the U.S. House Committee on Financial Services on Tuesday, March 12, 2019, at 10:00 a.m. Eastern time. Wells Fargo & Company (WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through 7,800 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 37 countries and territories to support customers who conduct business in the global economy.
Wells Fargo & Company (WFC) provided an update on the progress the company has made and is making as part of its transformation to build a better, stronger company in a new Progress Report available on wellsfargo.com. “While we have more work to do, we’ve worked hard over the past two years to address the root causes of our mistakes, make things right for team members and customers, and lay the foundation for a better company,” said CEO and President Tim Sloan. Wells Fargo created a new compensation and performance management plan with stronger oversight and controls that is focused on the customer experience and team-based performance.