WFC - Wells Fargo & Company
| Previous Close | 52.15 |
| Open | 51.54 |
| Bid | 0.00 x 800 |
| Ask | 0.00 x 1200 |
| Day's Range | 51.28 - 52.91 |
| 52 Week Range | 50.02 - 66.31 |
| Volume | 23,220,058 |
| Avg. Volume | 21,355,033 |
| Market Cap | 248.636B |
| Beta (3Y Monthly) | 1.13 |
| PE Ratio (TTM) | 12.48 |
| EPS (TTM) | 4.23 |
| Earnings Date | Jan 15, 2019 |
| Forward Dividend & Yield | 1.72 (3.24%) |
| Ex-Dividend Date | 2018-11-08 |
| 1y Target Est | 61.86 |
- Yahoo Finance Video•2 days ago
Sheila Bair on stress tests
Former FDIC chair Sheila Bair weighs in on Goldman Sachs and more with Yahoo Finance's Julie Hyman, Dan Roberts, and Brian Cheung, as well as George Pearkes, investment macro strategist at Bespoke.
- Zacks•7 hours 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•8 hours 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•9 hours 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•9 hours 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•9 hours 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.
- InvestorPlace•9 hours 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.
- InvestorPlace•10 hours 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.
- Barrons.com•13 hours 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•14 hours 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•14 hours 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•14 hours 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•17 hours 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•19 hours 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•yesterday
[$$] 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.
- CNBC•yesterday
Berkshire Hathaway reveals stake in JP Morgan as Warren Buffett raises bet on the US banking system
The roughly $4 billion stake was reported in Berkshire's 13-F filing, which documents the company's holdings as of end of September.
- Benzinga•yesterday
Bank Execs Talk Partnering With Fintechs To Solve Customer Problems
Executives from JPMorgan Chase & Co. (NYSE: JPM), Wells Fargo & Co (NYSE: WFC) and others described how banks and fintech companies are partnering to change the payments landscape at the 2018 Benzinga Fintech Summit in San Francisco.
- Market Realist•yesterday
Maxine Waters Crushes the Financial Stocks
With Democrats winning the House, Rep. Maxine Waters (CA) is expected to take over as chair of the House Financial Services Committee. Here is what she said today:
- Business Wire•yesterday
Orlando Homeownership to Get $6.3 Million Boost
Wells Fargo & Company (WFC), NeighborWorks® America, Orlando Neighborhood Improvement Corporation (ONIC), and Neighborhood Housing Services of South Florida (NHSSF) today announced the NeighborhoodLIFT® program will launch for Lake, Orange, Osceola and Seminole counties with a $6.3 million commitment by Wells Fargo to boost local homeownership.
- Business Wire•2 days ago
Four in 10 U.S. Workers Say Living Past 85 would be a Financial ‘Hardship,’ Wells Fargo Survey Finds
With the prospect of longer life spans, 38 percent of U.S. workers age 21 and older say it would be a financial “hardship” to live past the age of 85, according to the 2018 Wells Fargo Retirement study, which examines the attitudes and savings of working adults and retirees. Most workers say they expect to live to age 85, 42 percent say they could live longer, and 10 percent say they could live to 95 or older. Now in its ninth year, the Wells Fargo Retirement study was conducted online by The Harris Poll on behalf of Wells Fargo.
Markit•2 days agoSee what the IHS Markit Score report has to say about Wells Fargo & Co.
Wells Fargo & Co NYSE:WFC
- American City Business Journals•2 days ago
Bay Area companies, sports teams pitch in to help those battling and displaced by Camp Fire
As of Tuesday morning, the Northern California wildfire has burned through 125,000 acres, taking the lives of 42 people and charring 6,792 structures, the bulk of which are homes.
- Bloomberg•2 days ago
Pound Surges, Gilts Slide on Signals of Brexit Breakthrough
(Bloomberg) -- The pound surged on signs that the U.K. is inching closer to an agreement with the European Union on a Brexit divorce deal.
- Business Wire•3 days ago
Wells Fargo Launches Second Annual Food Bank Program to Fight Hunger During the Holidays
Wells Fargo & Company (WFC) today launched its second annual Holiday Food Bank program to help feed people and families in need this holiday season. Wells Fargo kicked off the program with a $4 million donation to Feeding America®, the largest domestic hunger-relief organization in the U.S. The company also will match up to an additional $1 million in consumer monetary donations to Feeding America, potentially bringing Wells Fargo’s total contribution up to $5 million. The organization estimates that, with every $1 contribution to Feeding America providing 10 meals, Wells Fargo will help secure more than 40 million meals for people in need.
