WFC - Wells Fargo & Company
| Previous Close | 52.94 |
| Open | 52.97 |
| Bid | 0.00 x 800 |
| Ask | 0.00 x 4000 |
| Day's Range | 52.60 - 53.48 |
| 52 Week Range | 50.02 - 66.31 |
| Volume | 20,215,542 |
| Avg. Volume | 21,437,564 |
| Market Cap | 250.99B |
| Beta (3Y Monthly) | 1.13 |
| PE Ratio (TTM) | 12.59 |
| EPS (TTM) | 4.23 |
| Earnings Date | Jan 15, 2019 |
| Forward Dividend & Yield | 1.72 (3.25%) |
| Ex-Dividend Date | 2018-11-08 |
| 1y Target Est | 61.86 |
- Yahoo Finance Video•4 days ago
MARKETS: Oil rebounding off recent lows
Yahoo Finance’s Seana Smith breaks down the action on Wall Street.
- CNBC Videos•4 days ago
Brexit drama hits currency markets
Nick Bennenbroek, Wells Fargo, discusses how the Brexit drama in the United Kingdom might play out.
- Investopedia•10 hours ago
Wells Fargo Option Traders Bet Stock Will 8% Drop Further
Wells Fargo & Co. ( WFC) stock has plunged 20% off its 2018 high, fueled in part by a series of scandals at the bank. Now, options traders are betting the stock will drop 8% more by early next year to the lowest level since September of 2017. The put options at the $52.50 strike price for expiration on January 18 outweigh the bullish call bets by a ratio of 3 to 1, with 79,000 open puts.
- Business Wire•3 days ago
Wells Fargo Donates an Additional $1.5 Million to California Wildfire Relief Efforts
Customer donations accepted through California ATMs and Go Far Rewards
- Zacks•3 days ago
Wells Fargo (WFC) Plans to Eliminate 1,000 Job Positions
Wells Fargo (WFC) plans to cut nearly 1,000 jobs across the United States.
- Business Wire•3 days ago
Wells Fargo & Company Declares Cash Dividends on Preferred Stock
Wells Fargo & Company today announced dividends on eleven series of preferred stock.
- InvestorPlace•4 days ago
5 Bank Stocks Investors Can Buy at a Massive Discount
Rising interest rates present a double-edged sword for bank stocks. The reduced number of loans has become one factor leading to stock price declines in the banking sector across the board. This has also led investors to adjust their positions in bank stocks.
- InvestorPlace•4 days ago
10 Stocks That Every 20-Year-Old Should Buy
If you’re a 20-something looking to capitalize on long-term growth and dividends, then the following 10 stocks to buy are worth a look. Shares of travel review site TripAdvisor Inc (NASDAQ:TRIP) took a beating over the past year, falling more than 30%. Part of this comeback is the fact that TripAdvisor has something no other site in the online travel industry does — data.
- American City Business Journals•3 days ago
How local banking leaders are handling amped competition, new tech
WSFS is facing two main issues, its current COO said: How to continue to grow and how to shift the historic investment made in brick and mortar to a digital delivery system.
- The Wall Street Journal•3 days ago
[$$] Bike Shop Owner Advanced Sports Hits Bankruptcy, Launching Sale
Bicycle seller Advanced Sports Enterprises Inc. filed for bankruptcy on Friday planning to close 40 flagging stores and sell the remaining wholesale and retail businesses.
- Investopedia•3 days ago
Whistleblower Awards Reach Record 10 Years After 2008 Crisis
It's now 10 years after the financial crisis, but cases of illegal activities in the financial services industry and corporate America are still prevalent. The Securities and Exchange Commission (SEC) says it made a record payout of awards to whistleblowers in its latest fiscal year ending in September. Aided by whistleblowers, the agency says that many the firms and individuals it brought cases against "are involved in the financial services industry," including "broker-dealers, investment advisers, or other registered market participants." In its latest Annual Report to Congress, the SEC indicated that the total amount of the 2018 awards to whistleblowers was extraordinary. "The Commission awarded more dollars in FY 2018 to meritorious whistleblowers who provided new and critical information than in all prior years combined.
- Zacks•4 days ago
Bank Stock Roundup: Pause on Rule Easing, Business Expansion, C, JPM, WFC in Focus
Chances of halt in easing of banking regulations hurt banks stocks over the past five trading days while banks' business expansion efforts continue.
Markit•4 days agoSee what the IHS Markit Score report has to say about Wells Fargo & Co.
Wells Fargo & Co NYSE:WFC
- Zacks•4 days ago
Wells Fargo (WFC) Outpaces Stock Market Gains: What You Should Know
In the latest trading session, Wells Fargo (WFC) closed at $52.82, marking a +1.28% move from the previous day.
- American City Business Journals•4 days ago
Wells Fargo lays off another 116 employees in the Charlotte region
Wells Fargo & Co. (NYSE: WFC) announced Thursday it will lay off 116 employees in the Charlotte region. The San Francisco-based bank again cited the need "to better align with current volumes" in light of "ongoing declines in application volume and in the number of customers in default who need assistance." Employees were laid off in the Charlotte and Fort Mill operations.
Reuters•4 days agoWells Fargo plans 1,000 U.S. job cuts
The layoffs are consistent with the bank's previously announced plans to reduce headcount by up to 10 percent by 2020, spokesman Tom Goyda said. Wells Fargo, the No. 4 U.S. bank by assets, had about 262,000 employees as of Sept. 30. The cuts will be spread across the United States but are concentrated in Des Moines, Iowa, which is expected to have about 400 reductions, and Fort Mill, South Carolina, which is expected to have 111 cuts.
- Reuters•4 days ago
Wells Fargo plans 1,000 U.S. job cuts
Wells Fargo & Co said on Thursday it notified about 1,000 employees in its Consumer Lending and Payments, Virtual Solutions and Innovations groups of plans to eliminate their positions. The layoffs are consistent with the bank's previously announced plans to reduce headcount by up to 10 percent by 2020, spokesman Tom Goyda said. Wells Fargo, the No. 4 U.S. bank by assets, had about 262,000 employees as of Sept. 30.
- Bloomberg•4 days ago
Wells Fargo Cuts 1,000 Jobs Across the U.S. on Mortgage Woes
Approximately 900 of the positions will come from the San Francisco-based bank’s home-lending unit, company spokesman Tom Goyda said in an emailed statement, as higher interest rates and heightened competition cut into Wells Fargo’s mortgage originations. Des Moines, Iowa, and Fort Mill, South Carolina, are among the areas affected. The cuts are part of Wells Fargo’s effort “to focus our business on evolving customer preferences, the accelerating adoption of digital self-service capabilities, and operational excellence and efficiency,” Goyda said.
- Barrons.com•5 days ago
Wells Fargo Scandals Bruise Top Executive
Hope Hardison, a top lieutenant to CEO Timothy Sloan, has been placed on leave from her job as chief administrative officer
Market Realist•5 days agoBuffett Banking Too Much on the Banking Sector with J.P. Morgan?
As we discussed in the last three parts of this series, renowned billionaire investor Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B) has increased its bets on the banking sector. The company added more shares (IYF) in Bank of America (BAC), U.S. Bancorp (USB), and Goldman Sachs Group (GS) to its portfolio. Now let’s look at a new addition to Berkshire Hathaway’s top ten holdings list that’s also from the banking sector.
Market Realist•5 days agoBuffett Raised Bets on U.S. Bancorp and Goldman Sachs in Q3 2018
So far in this series, we’ve looked at Warrant Buffet’s investment firm, Berkshire Hathaway’s (BRK.A)(BRK.B), top five investments in the third quarter. While Apple (AAPL) remained Berkshire’s top holding, Bank of America (BAC) and Wells Fargo (WFC) were its biggest banking-sector holdings. Now let’s take a look at Berkshire Hathaway’s other key banking-sector (IYF) investments.
Market Realist•5 days agoWarren Buffett’s Love for Coca-Cola Continued in Q3 2018
Billionaire investment pioneer Warren Buffett’s love for Coca-Cola (KO) is well established, and it remains strong. In the third quarter, Buffett’s Berkshire Hathaway (BRK.A)(BRK.B) kept its huge position in KO. Berkshire continued to hold about 400 million shares of Coca-Cola without any change from the previous quarter.
- MarketWatch•5 days ago
J.P. Morgan's stock jumps after Warren Buffett's Berkshire Hathaway adds 1.1% stake
Shares of J.P. Morgan Chase & Co. surged 1.6% in premarket trade Thursday, after Warren Buffett's Berkshire Hathaway Inc. disclosed a new stake of 35.66 million shares in the banking giant as of Sept. 30. The new stake represents 1.1% of the shares outstanding. At the same time, Berkshire boosted its stake in Goldman Sachs Group Inc. by 5.1 million shares, while trimming its Wells Fargo & Co. investment by 9.65 million shares. Goldman's stock rose 0.6% in premarket trade, while Wells shares edged up 0.1%. Berkshire also sold off the 1.39 million shares of Walmart Inc. during the quarter, but the stock tacked on 1.7% premarket after the discount retail behemoth reported fiscal third-quarter earnings that beat expectations and raised its full-year outlook, while revenue came up short. J.P. Morgan's stock has edged up 0.4% year to date and Walmart's stock has gained 2.8% through Wednesday, while Wells shares have shed 14%, Goldman's stock has tumbled 20.5% and the Dow Jones Industrial Average has gained 1.5%.
- Bloomberg•5 days ago
Wells Fargo Wants a Bigger Down Payment on That House in Greenwich
Wells Fargo, the biggest U.S. mortgage lender, has singled out Fairfield for the added cushion, which is effective for loans made after Sept. 15, mortgage and real estate brokers in the area say. The bank hasn’t changed the down-payment requirements for any other Connecticut county, nor any other county in the New York City metropolitan area, a spokesman for the lender confirmed. The new underwriting rules “threw all of us off” because they came suddenly and without further explanation, said Jennifer Leahy, a sales broker at Douglas Elliman Real Estate in Fairfield County, which includes the tony suburbs of Greenwich and Darien.
- The Wall Street Journal•5 days ago
[$$] Departure of Top Wells Fargo Executive Shows Chasm With Regulator
A month ago, Hope Hardison was a top lieutenant to Wells Fargo & Co. Chief Executive Timothy Sloan, playing a major role in the cleanup of the bank’s sales scandal. Today, she is on leave from her job as chief administrative officer, following a rare rebuke from one of the bank’s key regulators. Ms. Hardison’s swift comedown signals that the gulf between the embattled bank and its government overseers is widening.
