50.12 0.00 (0.00%)
After hours: 7:58PM EST
|Bid||50.06 x 2200|
|Ask||50.22 x 2200|
|Day's Range||49.49 - 50.32|
|52 Week Range||43.02 - 66.31|
|Beta (3Y Monthly)||1.27|
|PE Ratio (TTM)||11.71|
|Forward Dividend & Yield||1.72 (3.49%)|
|1y Target Est||N/A|
Wells Fargo & Company today announced a quarterly common stock dividend of $0.45 per share, payable March 1, 2019 to stockholders of record on Feb. 1, 2019, as approved today by the Wells Fargo board of directors.
Wells Fargo & Company (WFC), NeighborWorks® America, and Neighborhood Housing Services of Los Angeles County today announced the NeighborhoodLIFT® program will expand in Los Angeles County with a $9.8 million commitment by Wells Fargo to boost local homeownership.
During this historic Federal Government shutdown, Wells Fargo & Company (WFC) is offering relief to impacted customers and community members. Fee reversals and waivers are available to affected customers and, today, the company announced a donation of $250,000 to the United for U.S. Coalition announced Friday by United Way Worldwide to support those in local communities who are also impacted. “Our thoughts are with government employees who are coping with the reality of their first missed paycheck due to the government shutdown.
NEW YORK, NY / ACCESSWIRE / January 15, 2019 / Wall Street extended losses on Monday as concerns of a global economic slowdown were reignited on weaker-than-expected economic data from China. In December, ...
Wells Fargo & Company (WFC) today announced it has named Saul Van Beurden as its head of Technology, a new role Wells Fargo announced in October 2018. Van Beurden, a 25-year financial services veteran, most recently served as chief information officer of consumer and community banking at JPMorgan Chase. Van Beurden will join the company in April and will be based in New York City.
Confidence for future wealth is high, but many say they need more financial acumen
Wells Fargo & Company (WFC) today announced that its board of directors has elected Wayne M. Hewett to the company’s board of directors. Hewett is a seasoned executive who has worked in a number of industries in senior leadership positions.
Hill-Rom and Wells Fargo Lead New Financing Round that Positions EarlySense to Capitalize on Multibillion Dollar Market Opportunity RAMAT GAN , Israel , January 7, 2019 /PRNewswire/ -- EarlySense, the ...
Wells Fargo & Company (WFC) and Scholarship America announced they are accepting applications for the 2019 Wells Fargo Veterans Scholarship and Wells Fargo Veterans Emergency Grant Programs. In 2016, Wells Fargo committed $2 million over a four-year period to fund the programs and assist veterans and spouses of veterans with disabilities succeed in getting the education they need for careers they choose. To date, Wells Fargo and Scholarship America have awarded 72 scholarships and 135 emergency grants.
Wells Fargo & Co., (WFC) featured Inner City Arts, a Los Angeles-based nonprofit providing local area children with no-cost art education classes, and two up-and-coming artists—Trumpeter, singer and songwriter Spencer Ludwig, and indie folk duo Modern Monet aboard its iconic stagecoaches in the 130th Tournament of Roses Parade presented by Honda. To celebrate this year’s Tournament of Roses (TOR) theme, “Melody of Life,” Wells Fargo selected Ludwig and Modern Monet to take part in the company’s inaugural emerging artist music series. In alignment with this theme, Wells Fargo posted a string of video vignettes featuring the performers on the company’s Facebook and Instagram channels, and hosted two free concerts featuring Ludwig and Modern Monet at two of Los Angeles hottest music venues.
The Wells Fargo Income Opportunities Fund (NYSE American: EAD), the Wells Fargo Multi-Sector Income Fund (NYSE American: ERC), and the Wells Fargo Utilities and High Income Fund (NYSE American: ERH) have each announced a distribution. Under the managed distribution plan, distributions are sourced from income and also may be sourced from paid-in capital and/or capital gains.
Wells Fargo & Co. (WFC) today reached an agreement with all 50 state Attorneys General and the District of Columbia regarding previously disclosed retail sales practices, auto collateral protection insurance (“CPI”) and Guaranteed Asset/Auto Protection (“GAP”), and mortgage interest rate lock matters. “This agreement underscores our serious commitment to making things right in regard to past issues as we work to build a better bank,” said Tim Sloan, Chief Executive Officer and President, Wells Fargo. Pay a total of $575 million to resolve civil claims that the state Attorneys General otherwise might bring arising out of or related to the covered conduct prior to the effective date of the agreement.
Strengthening its footprint, Wells Fargo Asset Management will establish branches in Frankfurt and Paris as part of its Brexit arrangements
The New York City Department of Housing Preservation and Development (HPD) and New York City Housing Development Corporation (HDC) announced today the City’s Neighborhood Pillars Program with a $2 million commitment from the Wells Fargo Foundation. As part of Housing New York 2.0, the mayor’s plan to finance 300,000 affordable homes by 2026, the Neighborhood Pillars Program will help finance acquisition and rehabilitation of existing rent-stabilized and unregulated buildings to preserve affordability in neighborhoods across the city.
SAN FRANCISCO-- -- Wells Fargo Bank, N.A., said today it is increasing its prime rate to 5.50 percent from 5.25 percent, effective tomorrow, Dec. 20, 2018. About Wells Fargo Wells Fargo & Company is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 ...
Wells Fargo & Company (WFC) today announced that it has received final court approval of an agreement to resolve a previously disclosed consolidated securities class-action in the United States District Court for the Northern District of California (Hefler v. Wells Fargo) alleging certain misstatements and omissions in the company’s disclosures related to sales practices maters. Wells Fargo is pleased the case has received final approval by the court. The $480-million settlement agreement provides for payment of class member claims.
- 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 ...
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.
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.
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 ...
Effective December 14, 2018, Andrew Tuttle, CFA, of Crow Point Partners, LLC, a subadvisor to the Wells Fargo Global Dividend Opportunity Fund (EOD) and the Wells Fargo Utilities and High Income Fund (NYSE American: ERH),1 has been added as a portfolio manager of the equity sleeves for both funds. The funds’ investment philosophies and processes will remain the same.
Wells Fargo & Company , as previously announced, will report its fourth quarter 2018 earnings on Tuesday, January 15, 2019, at 5 a.m. PT . The news release will be available at https://www.wellsfargo.com/about/investor-relations/quarterly-earnings/.
Reflecting its 102-year commitment to Alaska communities and residents, Wells Fargo & Company (WFC) today announced a donation of $250,000 to aid in the recovery and relief efforts resulting from the devastating earthquake and the more than 2,000 aftershocks that have impacted the state. “All of us at Wells Fargo are incredibly thankful for the first responders, government agencies, and nonprofit organizations like the Red Cross and Salvation Army that are working hard to help Alaskans recover and rebuild following the earthquake.