|Bid||41.73 x 900|
|Ask||41.74 x 3100|
|Day's Range||40.99 - 41.85|
|52 Week Range||35.25 - 48.84|
|Beta (5Y Monthly)||1.12|
|PE Ratio (TTM)||12.07|
|Earnings Date||Jul 14, 2023|
|Forward Dividend & Yield||1.20 (2.91%)|
|Ex-Dividend Date||May 04, 2023|
|1y Target Est||48.75|
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Do business owners want to pass down their wealth to their children? According to a Wells Fargo survey, 52% of business owners do not want their children to inherit and run the business. Michael Liersch, Wells Fargo Head of Advice and Planning, discusses the reasonings behind the study's findings.
U.S. regional banks, including BAC, C, WFC, KEY and CMA, rally on optimistic investor sentiments as market participants expect no further increase in interest rate hikes.
SAN FRANCISCO, June 07, 2023--Wells Fargo announced today a new Sports & Entertainment Program focused on recognizing and supporting financial advisors who serve clients within the sports and entertainment industries.
Along with a spate of other recent recruiting wins, the addition of the BG Group in New York City brings in advisors who managed more than $4 billion in client assets.
According to the average brokerage recommendation (ABR), one should invest in Wells Fargo (WFC). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
SAN FRANCISCO, June 06, 2023--Wells Fargo & Company (NYSE: WFC) said today that Chief Financial Officer Mike Santomassimo will present at the Morgan Stanley US Financials, Payments & CRE Conference on Tuesday, June 13, 2023 at 8:00 a.m. ET.
Wells Fargo (WFC) closed the most recent trading day at $40.45, moving -1.92% from the previous trading session.
SAN FRANCISCO, June 05, 2023--Operating your own business is considered an "American Dream" by many, yet when it comes to succession planning, half (52%) of business owners do not want their children to inherit and run the business, according to a recent Wells Fargo study.
JPMorgan, Bank of America, Citigroup and Wells Fargo are part of the Zacks top Analyst Blog.
(Bloomberg) -- Wells Fargo & Co. is pursuing private mediation to settle claims of widespread discrimination against Black homeowners by denying them lower interest rates through refinancing and forcing them to pay more for loans.Most Read from BloombergOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutOil Rises on Saudi Arabia’s Go-It-Alone July Production CutsMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallySaudi Shoulders Burden to Support Oil Market With Extra CutsUS-China
Higher rates, decent loan demand and efforts to bolster fee income support FDIC-Insured banks' like JPM, BAC, C & WFC financials.
Recently, Zacks.com users have been paying close attention to Wells Fargo (WFC). This makes it worthwhile to examine what the stock has in store.
Chris Davis, chairman of Davis Advisors, makes the case for Capital One, Wells Fargo, BNY Mellon, and more.
Strong deposit growth and cost-saving initiatives are likely to keep supporting Wells Fargo (WFC). However, a decline in revenues and a fall in loan balance are major headwinds.
Burry recently launched a new stake in a stock that Buffett's company Berkshire Hathaway dumped in 2022.
The former head of Wells Fargo & Co's retail bank agreed to pay a $3 million penalty to settle U.S. Securities and Exchange Commission fraud charges for misleading investors about sales practices used to inflate a performance metric, the SEC said on Tuesday. Carrie Tolstedt was charged in 2020 for her role in allegedly misleading investors about the success of Wells Fargo's core business. In the settlement announced on Tuesday, she did not admit or deny the SEC's allegations.
In the latest trading session, Wells Fargo (WFC) closed at $40.98, marking a -0.61% move from the previous day.
(Bloomberg) -- Wells Fargo & Co. has hired Credit Suisse Group AG investment banker Jill Ford as head of its equity capital markets business, according to people familiar with the matter. Most Read from BloombergWinklevoss Twins Attempt Pivot After Gemini Loses Money and EmployeesMcCarthy Confident on Debt Vote Despite Hard-Line Ouster ThreatPutin Orders Tighter Defenses After Drone Strikes on MoscowStock Rally Loses Steam After AI-Fueled Euphoria: Markets WrapJPMorgan Builds Unit for World’s Ri
For much of the last three years, banks could feel pretty good about their loan books—but as worries of a weakening economy mount, cracks in the health of bank borrowers are starting to show.
When JPMorgan Chase bought First Republic Bank in May, all eyes were on its CEO, Jamie Dimon. Here’s how the executive’s strategy for managing risk propelled him to the top of the banking world. Photo illustration: John McColgan
In the wake of the 2022 stock market rout, astute investors should focus on top undervalued blue-chip stocks. All as these sturdy market contenders promise a silver lining with incredible upside potential for the long-term investor. After all, the current market turmoil, spurred by inflation concerns and Federal Reserve rate hikes, is unlikely to persist. Investing in undervalued blue-chip stocks is critical in finding hidden gems that preserve capital and deliver attractive long-term returns. W
Per the U.S. District Judge Larry Alan Burns, cardholders must file a lawsuit against Bank of America (BAC) for its violation of state law by issuing cards, without standard security measures, to millions of people in California in 2020.
Showcasing mastery of the economic knowledge that helps young people achieve financial goals throughout their lives, student teams from Carmel High School of Carmel, Indiana, and Mt. Hebron High School of Ellicott City, Maryland, each earned first place finishes in divisions of the Council for Economic Education's 2023 National Economics Challenge (NEC).
This time of year it’s rare to hear anyone talking about stocks to buy in May. Instead the opposite “sell in May and go away” makes its rounds in the media, the latest round of alarm-sounding. It’s not a completely unfounded piece of advice— data does confirm that the market tends to perform better in the first part of the year compared to the second. But dig a little deeper and you’ll see that trying to time the market has been proven to be a poor strategy at any time of the year. The result of
SAN FRANCISCO, May 24, 2023--Wells Fargo & Company (NYSE: WFC) said today that Chief Executive Officer Charlie Scharf will present at the 39th Annual Bernstein Strategic Decisions Conference on Wednesday, May 31, 2023 at 8:00 a.m. ET.