|Bid||46.13 x 1000|
|Ask||46.28 x 4000|
|Day's Range||45.59 - 46.35|
|52 Week Range||43.02 - 59.53|
|Beta (3Y Monthly)||1.24|
|PE Ratio (TTM)||10.21|
|Earnings Date||Jul 16, 2019|
|Forward Dividend & Yield||1.80 (3.72%)|
|1y Target Est||52.16|
Wells Fargo Asset Management (WFAM) recently announced a consolidation of the subadvisor Wells Fargo Asset Management (International), LLC into Wells Fargo Asset Management (International) Limited. Wells Fargo Asset Management (International), LLC is currently the subadvisor for the Wells Fargo Multi-Sector Income Fund (NYSE American: ERC). The consolidation, which is expected to occur on or about August 1, 2019, is part of a plan to simplify WFAM’s organizational structure by consolidating investment advisors where there are potential synergies.
Noodles & Company, Wells Fargo, Veeva Systems, Workday and Palo Alto Networks highlighted as Zacks Bull and Bear of the Day
Moody's Investors Service (Moody's) has assigned provisional ratings to 24 classes of residential mortgage-backed securities (RMBS) issued by CIM Trust 2019-INV2. CIM Trust 2019-INV2, the second rated transaction sponsored by Chimera Investment Corporation (Chimera or the Sponsor) in 2019, is a prime RMBS securitization of fixed-rate investment property mortgage loans secured by first liens on agency-eligible non-owner occupied residential investor properties with original term to maturity of up to 30 years. All of the loans are underwritten in accordance with Freddie Mac or Fannie Mae guidelines, which take into consideration, among other factors, the income, assets, employment and credit score of the borrower.
Wells Fargo & Company announced today its expected earnings release dates and conference call information for the first, second, third, and fourth quarters of 2020:
The Wells Fargo Income Opportunities Fund , the Wells Fargo Multi-Sector Income Fund , the Wells Fargo Utilities and High Income Fund , and the Wells Fargo Global Dividend Opportunity Fund have each announced a distribution.
Wells Fargo & Company (WFC), NeighborWorks® America and Family Housing Advisory Services (FHAS), Inc., today announced the NeighborhoodLIFT® program will expand for Omaha with a $3.9 million commitment by Wells Fargo to boost local homeownership.
“We are very long dollars and that means we are short Southeast Asian currencies, and we are focused on Hong Kong,” Bass told Bloomberg TV on Tuesday. An analysis on the Hong Kong dollar that Bass released Monday is based on a misunderstanding about the linked-exchange-rate system and exchange fund, a spokesperson from the city’s de facto central bank said in an emailed response to questions from Bloomberg.
Wells Fargo & Co NYSE:WFCView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for WFC with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting WFC. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding WFC totaled $10.74 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is strong relative to the trend shown over the past year, but is easing. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. WFC credit default swap spreads are within the middle of their range for the last three years.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Wells Fargo & Company (WFC) announced today that John Langley has been named as the new regional president for Europe, Middle East & Africa (EMEA), effective July 1. In his new position, Langley will be based in London and report to Walter Dolhare and Lisa McGeough, co-heads of Wells Fargo International.
Wells Fargo Renewable Energy & Environmental Finance (REEF) was named bank sector tax equity investor of the year by Power Finance & Risk in the publication’s 16th Annual Deals and Firms of the Year Awards. “Wells Fargo is proud to be a leader in funding projects that help our country accelerate the transition toward a low-carbon economy,” said Philip Hopkins, co-head of Wells Fargo Renewable Energy & Environmental Finance.
From submitting their fingerprints to giving up their tax records, Wells Fargo & Co's next chief executive will go through a vetting process that could rival that of top U.S. government officials. Comptroller of the Currency Joseph Otting said last week he would invoke a little-known law to review Wells Fargo's board pick to replace Tim Sloan, who in March became the second CEO to leave the bank amid a series of customer abuse scandals. Created during the savings-and-loan crisis, the 1989 law allows regulators to vet and veto candidates for senior roles at banks, but that power is typically reserved for financially troubled firms.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Wells Fargo (WFC) have what it takes? Let's find out.
There's a big difference between a low stock price and a stock that's actually cheap. Here's how to tell the difference and add five prime cheap picks to your portfolio.
This has not been a good year for Metro Bank. The shares plunged to a record low this week after the bank had to deny “false rumours” that it was close to collapse and customers should withdraw their money ...
Federal Reserve officials remain “patient”, saying rates will likely remain unchanged well into the future. Frances Stacey, Optimal Capital Director of Strategy, joins. Seana Smith on 'The Ticker' to break down the recent FOMC minutes and what lies ahead for the U.S. economy.
The number of cash machines around the world fell 1% to 3.24 million last year, according to Banking Consultant RBR.Dan Howley, Melody Hahm and Dan Roberts join Seana Smith on ‘The Ticker’ to discuss why cash is on the decline.