WFC - Wells Fargo & Company
After hours:
| Previous Close | 40.06 |
| Open | 40.62 |
| Bid | 41.08 x 4000 |
| Ask | 41.29 x 3100 |
| Day's Range | 40.38 - 41.55 |
| 52 Week Range | 35.25 - 48.84 |
| Volume | |
| Avg. Volume | 27,085,760 |
| Market Cap | 154.742B |
| Beta (5Y Monthly) | 1.12 |
| PE Ratio (TTM) | 11.58 |
| EPS (TTM) | 3.56 |
| Earnings Date | Jul 14, 2023 |
| Forward Dividend & Yield | 1.20 (3.00%) |
| Ex-Dividend Date | May 04, 2023 |
| 1y Target Est | 48.75 |
BloombergWells Fargo Seeks to Settle ‘Banking While Black’ Mortgage Case
(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 BloombergTrillion-Dollar Treasury Vacuum Coming for Wall Street RallyAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersQatar Airways Plans for Future Without First Class on Long-HaulUS Chides China Over Defense Talks as Navy Sails by Taiw
ZacksFDIC-Insured Banks' Q1 Earnings Up on Higher NII, Two Banks Fail
Higher rates, decent loan demand and efforts to bolster fee income support FDIC-Insured banks' like JPM, BAC, C & WFC financials.
ZacksWells Fargo & Company (WFC) Is a Trending Stock: Facts to Know Before Betting on It
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.
ZacksWells Fargo (WFC) Rides on Deposit Growth Amid Lower Revenues
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.
Motley FoolMichael Burry Is Now Betting on This Ex-Warren Buffett Stock
Burry recently launched a new stake in a stock that Buffett's company Berkshire Hathaway dumped in 2022.
- Reuters
UPDATE 1-Former Wells Fargo exec settles SEC fraud charges, to pay $3 million
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.
ZacksWells Fargo (WFC) Stock Moves -0.61%: What You Should Know
In the latest trading session, Wells Fargo (WFC) closed at $40.98, marking a -0.61% move from the previous day.
BloombergCredit Suisse Loses Investment Banker Jill Ford to Wells Fargo
(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
WSJHow Jamie Dimon Turned Chase Into the Most Powerful Bank in the U.S.
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
ZacksBank of America (BAC) May Face Benefit Card Fraud Lawsuit
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.
ACCESSWIREHigh School Teams Earn National Honors in America's Top Economics Competition
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).
Business WireWells Fargo to Present at the 39th Annual Bernstein Strategic Decisions Conference
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.
ZacksJPMorgan (JPM) Ups '23 NII View on FRC Deal, Raises Tech Spend
At the Investor Day conference, JPMorgan (JPM) provides more details about FRC deal synergies, expense outlook (with focus on tech spending) and the potential recession.
Business WireWells Fargo & Company Declares Cash Dividends on Preferred Stock
SAN FRANCISCO, May 19, 2023--Wells Fargo & Company (NYSE: WFC) today announced dividends on eight series of preferred stock.
ZacksInvestors Heavily Search Wells Fargo & Company (WFC): Here is What You Need to Know
Zacks.com users have recently been watching Wells Fargo (WFC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- ACCESSWIRE
Exposing the Financial Impacts of Climate Change on Households With Low Income
NORTHAMPTON, MA / ACCESSWIRE / May 17, 2023 / Wells Fargo WASHINGTON, May 17, 2023 /3BL Media/ - This week, SaverLife, a national fintech nonprofit and advocacy organization, announced a new research initiative called "The Downpour." This initiative ...
Simply Wall St.Those who invested in Wells Fargo (NYSE:WFC) three years ago are up 70%
Wells Fargo & Company ( NYSE:WFC ) shareholders might be concerned after seeing the share price drop 20% in the last...
Yahoo Finance VideoWells Fargo set to pay $1 billion to settle shareholder lawsuit
The Yahoo Finance Live team discusses Wells Fargo paying $1 billion to settle its shareholder lawsuit, the company's previous controversies, and banking sector turmoil.
Motley FoolWells Fargo to Pay $1B to Shareholders Over Scam Accounts
Wells Fargo agreed to settle a lawsuit brought by investors alleging the bank failed to meet compliance requirements. Read on for the details.
- ACCESSWIRE
Larta Institute Announces Inaugural Cohort of Venture Fellows
Larta Institute (Larta), a non-profit organization accelerating innovation and entrepreneurship to feed, fuel and heal the world, today announced the inaugural cohort of startups that have been selected for its Venture Fellows program. The cohort of 14 startups, drawn from applicants based in Los Angeles and Miami, will receive support for their innovative concepts to enhance urban climate resilience.
- Reuters
UPDATE 2-Wells Fargo to pay $1 bln to settle shareholder lawsuit over recovery from scandals
Wells Fargo & Co has agreed to pay $1 billion to settle a lawsuit accusing it of defrauding shareholders about its progress in recovering from a series of scandals over its treatment of customers. U.S. District Judge Gregory Woods in Manhattan federal court granted preliminary approval on Tuesday to the all-cash settlement, which had been filed the night before. Woods scheduled a Sept. 8 hearing to consider final approval.
ZacksWells Fargo (WFC) to Pay $1B for Shareholders' Class-Action Suit
Wells Fargo (WFC) agreed to pay $1 billion related to a shareholder lawsuit accusing it of overstating progress on resolving its 2016 fake account scandal.
- Investing.com
Home Depot, Wells Fargo, Vodafone fall premarket; Capital One rises
Investing.com -- Stocks in focus in premarket trade on Tuesday, May 16th. Please refresh for updates.
ReutersWells Fargo to pay $1 billion to settle shareholder lawsuit over recovery from scandals
NEW YORK (Reuters) -Wells Fargo & Co has agreed to pay $1 billion to settle a lawsuit accusing it of defrauding shareholders about its progress in recovering from a series of scandals over its treatment of customers. U.S. District Judge Gregory Woods in Manhattan federal court granted preliminary approval on Tuesday to the all-cash settlement, which had been filed the night before. Woods scheduled a Sept. 8 hearing to consider final approval.
- Reuters
Wells Fargo reaches $1 bln settlement with shareholders over recovery from scandals
Wells Fargo & Co has agreed to pay $1 billion to settle a lawsuit accusing it of defrauding shareholders about its progress in recovering from a series of scandals over its treatment of customers. Wells Fargo has operated since 2018 under consent orders from the Federal Reserve and two other financial regulators requiring that it improve governance and oversight. The fourth-largest U.S. bank is also subject to an asset cap by the Fed, which can impede its ability to compete with larger rivals JPMorgan Chase & Co, Bank of America Corp and Citigroup Inc.
