|Bid||48.54 x 1300|
|Ask||48.89 x 900|
|Day's Range||48.60 - 49.30|
|52 Week Range||43.02 - 55.16|
|Beta (3Y Monthly)||1.21|
|PE Ratio (TTM)||10.04|
|Earnings Date||Oct 15, 2019|
|Forward Dividend & Yield||2.04 (4.17%)|
|1y Target Est||48.48|
Banking giant Wells Fargo has been mired in regulatory issues, though earnings growth has picked up. Is Wells Fargo stock a buy right now?
In an exclusive interview, former congressman Barney Frank reflects on Wells Fargo's scandals, the Dodd-Frank Act regulating banks and what openly gay Pete Buttigieg's presidential run means for the LGBTQ community.
Traders also look at the activity of short sellers for trading opportunities. Sometimes, stocks with a large amount of short selling activity could be potential candidates for short squeezes. Other times, ...
The Fed seeks to remain focused on analyzing incoming economic data to determine future moves. Heathy domestic economy and several streamlining efforts are likely continue supporting bank stocks.
Wells Fargo & Company (WFC) announced today it has entered into a data exchange agreement with Plaid, a leading data platform. As a result, Wells Fargo customers will be able to conveniently and more securely share their financial data with the digital financial tools and services Plaid supports using an application-programming interface (API). Many Wells Fargo customers access their financial data through Plaid to use apps that help them lead healthier financial lives.
Wells Fargo Bank, N.A., said today it is decreasing its prime rate to 5.00 percent from 5.25 percent, effective tomorrow, Sept. 19, 2019.
Charlotte-based Bank of America Corp. is under investigation to determine whether it opened unauthorized customer accounts, according to information released on Tuesday by the Consumer Financial Protection Bureau.
Many farmers throughout the U.S. are currently facing an unprecedented amount of uncertainty, according to longtime Denver-based agricultural banker Jacquie Fredericks. “The biggest trend I see right now is just uncertainty. Farmers were slow to get their crops in and now, it's a wet fall and the harvest may be delayed,” Fredericks said. “On top of that, there are the trade uncertainties and whether or not folks will have markets for their agricultural products.” And as a leader in Wells Fargo’s new food, beverage and agribusiness group, Fredericks said she hopes to provide farmers some financial stability and peace of mind. “Wells Fargo has stood with those customers throughout these cycles,” Fredericks said. Earlier this month, San Francisco-based banking giant Wells Fargo (NYSE: WFC) announced that it had formed its national food, beverage and agribusiness group.
According to the Wells Fargo/Gallup Investor and Retirement Optimism Index survey, roughly half of U.S. investors, 53%, report they have provided financial assistance, personal assistance or both to adult children or extended family members — not including school tuition. Mary Sumners, regional president of Wells Fargo Advisors’ Northern Region, said, “It seems to me that today’s landscape is far different than that of a generation ago.
The bank geared toward small to mid-sized local businesses is eyeing a later-than-anticipated opening, but is on track with its fundraising campaign.
Wells Fargo (WFC) seeks to drive operational efficiencies through its digital cash transfer program by reducing transfer time and costs involved in settling cross-border transfers.
Invesco launched two new ETF entries as a part of their BulletShares suite on Thursday, Sept. 12. The Invesco BulletShares 2027 High Yield Corporate Bond ETF and the Invesco BulletShares 2029 Corporate Bond ETF (BSCT n/a) have now found their way to the NYSE.
The national economy is solid and signs of a recession aren't high, but there are a few concerns for the Carolinas, Wells Fargo & Co. senior economist Mark Vitner said at the Winthrop University Economic Forecast Breakfast on Tuesday.
Wells Fargo & Co. has named Tracy Kerrins as the chief information officer of its Enterprise Functions Technology team.
According to the Federal Deposit Insurance Corporation, these are the Triangle's biggest banks by deposit market share.
Wells Fargo & Company (WFC) today announced plans to pilot an internal settlement service, Wells Fargo Digital Cash, which will run on Wells Fargo’s first distributed ledger technology (DLT) platform. Wells Fargo Digital Cash will allow Wells Fargo to complete internal book transfers of cross-border payments within its global network using digitized cash — and for those international locations to exchange that digitized cash among themselves. The internal DLT network will be a reusable enterprise utility for Wells Fargo to build and deploy multiple DLT-based applications.
While the vast majority of our Ultimate Stock-Pickers are not dividend investors, a handful of them--Amana Trust Income AMANX , Columbia Dividend Income LBSAX , Oakmark Equity & Income OAKBX , and Parnassus Equity Income PRBLX --focus more heavily on income-producing stocks in their pursuit of investment return. Warren Buffett at Berkshire Hathaway BRK.B has spoken highly of companies that return capital to shareholders and is not against investing in and holding higher-yielding names, with three of Berkshire's top five holdings--wide-moat rated Wells Fargo WFC , Bank of America BAC , and Coca-Cola KO --accounting for about one third of the insurer's equity portfolio and yielding more than the S&P 500. As you may recall from previous articles, when we screen for top dividend-paying stocks among the holdings of our Ultimate Stock-Pickers, we try to find the highest-quality names that are currently held with conviction by our top managers.