WFC - Wells Fargo & Company
| Previous Close | 47.74 |
| Open | 47.97 |
| Bid | 0.00 x 1000 |
| Ask | 0.00 x 1000 |
| Day's Range | 46.93 - 48.12 |
| 52 Week Range | 46.85 - 66.31 |
| Volume | 35,227,105 |
| Avg. Volume | 22,915,029 |
| Market Cap | 221.381B |
| Beta (3Y Monthly) | 1.15 |
| PE Ratio (TTM) | 11.11 |
| EPS (TTM) | 4.23 |
| Earnings Date | Jan 15, 2019 |
| Forward Dividend & Yield | 1.72 (3.37%) |
| Ex-Dividend Date | 2018-11-08 |
| 1y Target Est | 61.59 |
Bloomberg•6 hours agoU.S. Leveraged Loan Funds Lose Cash at Fastest Pace Ever
(Bloomberg) -- U.S. leveraged loan funds saw $2.53 billion of net outflows in the week ended Dec. 12, the biggest decline on record, as jittery markets rattle demand for riskier assets.
- American City Business Journals•10 hours ago
Squeezed for space: Local businesses get SBA loans for new construction
Wells Fargo & Co. underwrote the most SBA-backed loans across South Texas in the past year. Here's what a top local executive saw in the market.
- Insider Monkey•12 hours ago
Harsh Market Has Taken Down Another One – Jabre Capital Partners Is Returning Client Money
This year’s resilient market environment has managed to beat many hedge funds, including Philippe Jabre’s Jabre Capital Partners, John Jacobson’s Highfields Capital Management, John Labanowski’s Brenham Capital Management, Joshua Kaufman’s Brenner West Capital Partners, Jason Karp’s Tourbillion Capital Partners to name a few. Some of these are large hedge funds that have managed billions of […]
Bloomberg•17 hours agoECB Ends Historic Stimulus Push in Bet Economic Growth to Endure
Policy makers led by President Mario Draghi confirmed that they’ll stop net purchases this month, ending almost four years of quantitative easing. Signaling it’s still a way from tightening policy, the Governing Council changed its guidance to say maturing debt will be reinvested “for an extended period of time past the date when it starts raising the key ECB interest rates.” Rates will remain at record lows “at least through the summer” of 2019. While the decision will likely be welcomed by nations such as Germany that have long complained about ultra-loose policy, it comes at a testing time.
- Bloomberg•yesterday
Pound Faces Rocky Road as May's Brexit Tussles Far From Over
Currency strategists see a rough stretch ahead for the pound, even after U.K. Prime Minister Theresa May survived a bid to oust her as she seeks to rally support for her Brexit deal. Given the number of votes that went against her, and the uncertainty ahead -- May still faces the daunting task of getting her Brexit plan past Parliament -- the pound’s next move is likely to be lower, according to Columbia Threadneedle Investments.
- Business Wire•yesterday
Wells Fargo Announces Fourth Quarter 2018 Earnings Information
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/.
- Barrons.com•yesterday
Banks Stocks Are Cheap but Are They a Buy?
One firm downgraded the group citing a lack of catalysts to get the stocks of Bank of America and others moving higher.
- InvestorPlace•2 days ago
Wednesday’s Vital Data: Coca-Cola, Twitter and Wells Fargo
- InvestorPlace•2 days ago
3 Big Stock Charts for Wednesday: NRG Energy, Zoetis and Wells Fargo
New Age Beverages (NASDAQ:NBEV) gained nearly 8% during Tuesday’s action and added more than 3% more in after-hours trading after catching a cannabis tailwind. There just weren’t enough stocks like New Age Beverages yesterday to keep the market in the black though. Stock charts of Wells Fargo (NYSE:WFC), NRG Energy (NYSE:NRG) and Zoetis (NYSE:ZTS) are among the best of those possibilities heading into hump-day.
- Motley Fool•2 days ago
The Volatile Stock Market and a New Approach to Teaching Students to Invest
When will the stock market volatility end, and what do investors need to know about it?
- CNBC•2 days ago
Banks charged college students more than $27 million in fees last year
The bureau found students using accounts at these colleges paid more than $27 million in maintenance and overdraft fees during the 2016-2017 academic year. The Education Department under President Donald Trump never published the analysis but advocacy groups recently obtained it through a Freedom of Information Act request. It found that 1.3 million students attending these colleges had open and active accounts with their colleges' account providers.
- Zacks•2 days ago
Huntington to Sell 32 Wisconsin Bank Branches to Associated
Huntington's (HBAN) strategic moves could energize financials, helping the stock move higher.
- Financial Times•2 days ago
[$$] US inflation cools in November as energy costs fall
While the US central bank is still widely expected to raise interest rates for a fourth time this year when it meets next week, the outlook for further rate rises in 2019 has become murkier amid trade worries, market turmoil and dovish comments from Federal Reserve chair Jay Powell. Fed funds futures are pricing in a 34 per cent chance that the central bank does not touch interest rates next year.
- The Wall Street Journal•2 days ago
[$$] Unpublished Report Found Campus Banks Cashing In on High Fees
A previously unpublished Consumer Financial Protection Bureau analysis of fees associated with college students’ bank accounts found Wells Fargo & Co. products were overwhelmingly the most expensive, and fees were higher for accounts where banks paid colleges to market their products. The report confirms the findings in a Wall Street Journal investigation published in January that looked at the contracts banks had with more than 100 colleges and universities, and the fees that students pay on those accounts. The CFPB reviewed the fees associated with debit cards and other financial products provided by 14 companies to students at more than 500 colleges across the country in the 2016-17 year.
- Barrons.com•2 days ago
Wells Fargo’s ‘Smart’ New Plan for Advisors
Opening RIA offices could help the business retain advisors, attract clients and brighten a narrative that has been darkened by scandals over the past two years
- American City Business Journals•3 days ago
Wells Fargo, TCF, U.S. Bank charge highest college student fees, federal report says
Minnesota may be the costliest place in the country to be a student with a bank account. The state's three largest banks lead the country in average fees charged to students, according to a newly released government report.
Markit•3 days agoSee what the IHS Markit Score report has to say about Wells Fargo & Co.
Wells Fargo & Co NYSE:WFC
Reuters•3 days agoWells Fargo won't be allowed to grow unless problems fixed: Fed's Powell
WASHINGTON/NEW YORK (Reuters) - Wells Fargo & Co (WFC.N) must keep a lid on its growth until the bank has hardened its risk management policies to prevent any further abuse of its customers, said Jerome Powell, chairman of the Federal Reserve. In February, the Fed ordered Wells Fargo to freeze its balance sheet, keeping its assets below $1.95 trillion, until it put new checks on senior managers and gave the board new powers to sniff out abuses. "We do not intend to lift the asset cap until remedies to these issues have been adopted and implemented to our satisfaction," Powell wrote in a letter to U.S. Senator Elizabeth Warren seen by Reuters.
- Associated Press•3 days ago
Wells Fargo tops government report on fees paid by students
Wells Fargo charges students the most in fees on average to have a bank account, according to a government report. The report authored by the Consumer Financial Protection Bureau and released late Friday showed that students paid an average of $46.99 in fees to Wells Fargo over 12 months. The CFPB report focused on what are known as college-sponsored accounts, for which a bank often pays money to a college or university to market their accounts to students when they arrive on campus.
- Reuters•3 days ago
Wells Fargo won't be allowed to grow unless problems fixed - Fed's Powell
WASHINGTON/NEW YORK (Reuters) - Wells Fargo & Co (WFC.N) must keep a lid on its growth until the bank has hardened its risk management policies to prevent any further abuse of its customers, said Jerome Powell, chairman of the Federal Reserve. In February, the Fed ordered Wells Fargo to freeze its balance sheet, keeping its assets below $1.95 trillion, until it put new checks on senior managers and gave the board new powers to sniff out abuses. "We do not intend to lift the asset cap until remedies to these issues have been adopted and implemented to our satisfaction," Powell wrote in a letter to U.S. Senator Elizabeth Warren seen by Reuters.
Yahoo Finance•6 days agoThis chart is scarier than the Dow plunging 1,150 points last week
The world's biggest banks continue to see their shares under severe pressure. Bank stocks are now a cautionary sign on global economic growth in 2019.
- Zacks•6 days ago
Wells Fargo (WFC) Stock Moves -1.62%: What You Should Know
Wells Fargo (WFC) closed at $50.26 in the latest trading session, marking a -1.62% move from the prior day.
- Business Wire•6 days ago
Wells Fargo Donates $250,000 to Earthquake Relief Efforts in Alaska
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.
- CNBC Videos•15 hours ago
ETF Spotlight: Financial sector unpopularity won't last, ...
Former Wells Fargo Chairman and CEO Richard Kovacevich speaks with CNBC's "Squawk on the Street" team about the financial sector.
- Yahoo Finance Video•2 days ago
Banks are expected to see a ‘favorable operating environment’ in 2019: Moody’s
Moody’s says it foresees a “favorable operating environment” for banks in 2019 amid strong earnings and other positive economic indicators. Yahoo Finance’s Alexis Christoforous and Moody’s Investors Service VP & Senior Credit Officer Rita Sahu discuss.
