|Bid||45.03 x 1400|
|Ask||45.22 x 800|
|Day's Range||44.38 - 45.24|
|52 Week Range||35.25 - 48.84|
|Beta (5Y Monthly)||1.17|
|PE Ratio (TTM)||9.83|
|Earnings Date||Jan 12, 2024|
|Forward Dividend & Yield||1.40 (3.11%)|
|Ex-Dividend Date||Nov 02, 2023|
|1y Target Est||50.12|
In this piece, we will take a look at JP Morgan’s top 15 stock picks for 2023 and most recent stock picks. If you want to skip our introduction to the world’s biggest bank in terms of assets, its latest performance, and other details, then check out JP Morgan’s Top 5 Stock Picks for 2023. […]
Former Wells Fargo & Co CEO Tim Sloan filed a lawsuit on Friday accusing the bank of failing to pay him more than $34 million after he resigned in 2019 amid a wide-ranging sales practices scandal. Sloan in the lawsuit filed in California state court says Wells Fargo canceled stock awards and withheld a bonus he had earned before stepping down. Wells Fargo in a statement said that "compensation decisions are based on performance, and we stand by our decisions in this matter."
Wells Fargo's (WFC) cost-saving measures, like branch closures and headcount reduction, will help offset falling revenue trends due to volatile fee income and NII decline.