WFC - Wells Fargo & Company
| Previous Close | 55.36 |
| Open | 55.74 |
| Bid | 56.85 x 1000 |
| Ask | 0.00 x 1000 |
| Day's Range | 55.63 - 57.23 |
| 52 Week Range | 49.27 - 66.31 |
| Volume | 25,538,677 |
| Avg. Volume | 18,948,382 |
| Market Cap | 276.349B |
| Beta | 1.28 |
| PE Ratio (TTM) | 14.14 |
| EPS (TTM) | 4.03 |
| Earnings Date | Oct 12, 2018 |
| Forward Dividend & Yield | 1.56 (2.75%) |
| Ex-Dividend Date | 2018-05-03 |
| 1y Target Est | 61.65 |
- CNBC•8 hours ago
Banks soar as earnings flood in, and some see more gains to come
Bank stocks rallied on Monday in the thick of big banks’ earnings reports, and one money manager sees bigger gains ahead.
- Barrons.com•12 hours ago
As Wells Fargo Bleeds Advisors, Merrill Gains
Bank of America’s Global Wealth and Investment Management business gained 74 financial advisors in the second quarter, even as troubled Wells Fargo lost 173. GWIM now counts 19,350 advisors, including Merrill’s thundering herd, advisors in B of A’s consumer banking business, and those in the U.S. Trust business. Year over year, GWIM’s advisor corps has grown 2%.
Market Realist•13 hours agoUS Banks Reported Mixed Profits in the Second Quarter
JPMorgan Chase (JPM) reported an 18% higher profit than analysts’ expectations in the second quarter to $8.32 billion. According to Barclays analysts, the bank exceeded analysts’ estimates for the 14th straight quarter. The bank’s trading revenues rose 13% to $5.4 billion, while the loan growth rose 4% to $948.4 billion. The bank’s yield on interest-earning assets was at 2.46%.
- Zacks•16 hours ago
Wells Fargo, JPMorgan, Bank of America, Goldman Sachs and Morgan Stanley are part of Zacks Earnings Preview
Wells Fargo, JPMorgan, Bank of America, Goldman Sachs and Morgan Stanley are part of Zacks Earnings Preview
Market Realist•16 hours agoWhat Helped the Dow Jones Industrial Average on July 13?
Considering the movements in the markets in the past few months, the markets usually react to news that’s related to trade conflicts. When President Trump announced that additional tariffs would be levied on $200 billion worth of Chinese imports, China didn’t respond immediately. China might be ready for negotiations.
- ACCESSWIRE•16 hours ago
Today's Research Reports on Stocks to Watch: Wells Fargo and L Brands
NEW YORK, NY / ACCESSWIRE / July 16, 2018 / Wells Fargo shares dropped as much as 4.28% on Friday after the company reported dismal second quarter results. Shares of L Brands Inc. also saw a drop after ...
- CNBC•16 hours ago
Stocks making the biggest moves premarket: BLK, BAC, UPS, FDX, JBHT & more
These are the stocks posting the largest moves before the bell.
- CNBC•16 hours ago
Stocks making the biggest moves premarket: BLK, BAC, UPS, FDX, JBHT & more
The asset management firm reported adjusted quarterly profit of $6.66 per share , 11 cents above estimates. Bank of America BAC – The bank beat estimates by 6 cents a share , with second quarter profit of 63 cents per share. Bank of America’s results were boosted by loan growth, lower expenses, and a smaller tax rate.
CNBC•yesterdayUS bank stocks are all dragging for the same reason, says Dick Bove
Dick Bove, Hilton Capital Management’s chief strategist, said the three major U.S. banks that have reported earnings have one thing in common: Their capital hasn't grown by much since a year ago.
- CNBC•3 days ago
Five things you don’t know about instant payment apps
From the early days when peer-to-peer transactions were mostly for millennials, digital peer-to-peer payments are now in use by every demographic.
- The Wall Street Journal•3 days ago
[$$] Wells Fargo Reports Profit Fall Amid Regulatory Issues
The San Francisco bank run by CEO Timothy Sloan said earnings per share grew as the bank continues to deal with regulatory fallout from recent sales issues.
- Motley Fool•3 days ago
What Happened in the Stock Market Today
On a day major stock benchmarks closed up, Wells Fargo fell after reporting earnings and Gogo tumbled on turnaround plans that weren't well-received.
Reuters•3 days agoWells Fargo's loan book shrinks, profit misses estimates
Its most recent pullback is in commercial real estate lending, where Wells Fargo executives say competition among other lenders has caused a broad decline in underwriting standards. "As it relates to underwriting standards, it's not all bank-to-bank competition ... the competition here is just broad as it's ever been," Chief Financial Officer John Shrewsberry told analysts, pointing to real estate investment trusts, sovereign wealth funds and other capital sources. Analyst pressed Wells Fargo executives on a call to discuss the results about when they could expect to see a turning point.
- Zacks•3 days ago
Wells Fargo (WFC) Q2 Earnings Miss, Fee Income Disappoints
Wells Fargo (WFC) reports negative earnings surprise of 3.6% in second-quarter 2018 due to lower mortgage banking revenues.
- Barrons.com•3 days ago
Bank Earnings: Investors Embrace JPMorgan, Cool on Citigroup, Wells Fargo Despite Some Positives
JPMorgan Chase (JPM) is the standout among the three bank giants that reported second-quarter earnings today as it exceeded expectations while warning of tougher competitive conditions. JPMorgan shares were up 0.9%, to $106.96. Both Citigroup (C) and Wells Fargo (WFC) are trading lower today as investors react to some company-specific issues, including credit cards at Citigroup and home mortgages at Wells Fargo.
- Barrons.com•3 days ago
Wells Fargo Wealth Unit Had a Tough Quarter
Wells Fargo’s Wealth and Investment Management unit (WIM) had a rough second quarter, posting a 37% dip in net income year over year, and a 1% drop in advisor headcount. Its net income quarter-to-quarter was down 38%, to $1.1 billion. In the second quarter, successful referrals between Wells’ community bank business and its wealth unit were down 5% from a year ago, and flat from the first quarter.
- The Canadian Press•3 days ago
Wells Fargo 2Q earnings fall as impact of scandals linger
Wells Fargo & Co., which has been mired in investigations related to its business practices, said Friday that its second-quarter earnings fell to $5.19 billion from $5.86 billion a year ago. The bank has faced multiple investigations in recent years over practices including the opening of accounts without customers' consent, charging clients for unnecessary insurance policies, and imposing unfair fees tied to mortgage rates. Although Wells reported a 1 per cent increase in net interest income in the second quarter, thanks to higher interest rates, the company saw declines in customer deposits and loans, a sign of the lingering impact of the various scandals.
- The Canadian Press•3 days ago
Wells Fargo 2Q earnings fall as impact of scandals linger
Wells Fargo & Co., which has been mired in investigations related to its business practices, said Friday that its second-quarter earnings fell to $5.19 billion from $5.86 billion a year ago. The bank has faced multiple investigations in recent years over practices including the opening of accounts without customers' consent, charging clients for unnecessary insurance policies, and imposing unfair fees tied to mortgage rates. Although Wells reported a 1 per cent increase in net interest income in the second quarter, thanks to higher interest rates, the company saw declines in customer deposits and loans, a sign of the lingering impact of the various scandals.
- Investing.com•4 days ago
Stocks - Wells Fargo, Johnson & Johnson, AT&T Slump in Pre-market, JP Morgan gains
Investing.com - Stocks in focus in pre-market trade Friday:
- Motley Fool•4 days ago
Wells Fargo’s Earnings Show the Bank Still Has a Long Way to Go
The bank's numerous scandals are still taking their toll.
- Investing.com•4 days ago
Stocks - U.S. Futures Cautious with Focus on Bank Earnings, Consumer Sentiment
Investing.com - U.S. futures pointed to a flat open on Friday, as investors digested better-than-expected earnings from JP Morgan and waited for further reports from Wells Fargo and Citigroup , while also looking ahead to a reading on U.S. consumer sentiment.
- Investor's Business Daily•4 days ago
Stocks Open Flat: Dow Eyes 25,000, But JPMorgan, McDonald's Slide
Stocks got off to a flat start Friday, as McDonald's and J&J held back the Dow and the S&P 500 and big banks rolled out their Q2 reports.
- Investing.com•4 days ago
Top 5 Things to Know in the Market on Friday
Investing.com - Here are the top five things you need to know in financial markets on Friday, July 13:
- Zacks•4 days ago
Wells Fargo's (WFC) Q2 Earnings Miss on Lower Revenues
Wells Fargo came out with adjusted earnings per share of $1.08, missing the Zacks Consensus Estimate of $1.12.
- Business Wire•4 days ago
Wells Fargo Reports $5.2 Billion in Quarterly Net Income
Diluted EPS of $0.98 included net discrete income tax expense of $0.10 per share
