Wells Fargo & Company (WFC)
|Net Income (ttm)||1.71B|
|Trading Day||April 22|
|Day's Range||42.68 - 43.52|
|52-Week Range||20.60 - 44.40|
Record-breaking Wall Street bank bond offerings in recent days are being driven by a combination of extraordinary market conditions and regulatory decisions that can be traced to the government's pandem...
After cutting its dividend 80% last year, Wells Fargo could soon be in a position to begin raising it again. But by how much and how fast are still major questions.
Atlas Merchant CEO on market risks, Big Banks, Archegos and more
Bob Diamond, CEO of Atlas Merchant Capital, joined "Squawk Box" on Monday to discuss why he thinks the outlook for the markets and the economy are positive overall, but there are five potential risks in...
Wells Fargo (WFC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Draftkings Inc (NASDAQ:DKNG) shares are trading higher by 1% after the company announced it will become an official sports betting partner of the NFL and extend its current relationship as the exclusive...
Banks are looking like very good values, says NYT's Jim Stewart
New York Times columnist Jim Stewart gives his take on the latest round of bank earnings and the debut of Coinbase.
U.S. bank revenues proving to be slightly stronger than expected, analyst says
John Heagerty, an analyst at Atlantic Equities, discusses U.S. banks earnings following Citigroup's better-than-expected estimates for first-quarter profit.
Q1 earnings start on a positive note with banks like JPMorgan (JPM), BofA (BAC), Citi (C), Wells Fargo (WFC), U.S. Bancorp (USB) & Truist (TFC) surpassing estimates on reserve releases and solid fee inc...
The challenge for U.S. banks is they're feeling the effects of fiscal and monetary policy: KBW
KBW Managing Director Brian Kleinhanzl spoke to Yahoo Finance's Adam Shapiro and Seana Smith about bank earnings.
Jim Cramer says he's bullish on Wells Fargo after earnings report
"I keep telling you it's a better buy than JP Morgan because the expectations are much lower for Wells, and yesterday they absolutely cleared that low bar," the "Mad Money" host said.
"The banks are doing pretty darned good, even if their stocks don't necessarily reflect that fact," the "Mad Money" host said.
The Biden administration is punishing Russia for its interference in the 2020 US election and cyberattacks by hitting Moscow where it hurts the most: the ruble.
Congress will hold hearings next month with the chief executives of major Wall Street banks as Democratic lawmakers step up scrutiny of the role the industry has played in helping Americans recover from...
Wells Fargo & Co (NYSE:WFC) has already had a stellar 2021, though the shares were last seen marginally lower, down 0.4% to trade at $41.82 -- still near their highest level in over a year.
House and Senate Banking committees to hold hearings with bank CEOs
CNBC's Ylan Mui reports that six of the major bank CEOs will appear before the House and Senate Banking committees for a hearing.
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced that David Galloreese, head of Human Resources, will leave Wells Fargo on April 23, 2021, to take a role outside the com...
'Massively bigger' than expected earnings beats should jumpstart bank rally, says top RBC analyst
Gerard Cassidy, RBC Capital Markets, predicts today's bank earnings will jumpstart a rally in the banks. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Karen Finerman and Da...
On Wednesday before the markets opened, three U.S. bank majors – JPMorgan Chase & Co. (NYSE:JPM), Wells Fargo & Co. (NYSE:WFC) and Goldman Sachs Group Inc. (NYSE:GS) – reported earnings results for the ...
Wells Fargo Seeing Increased Demand for Credit, CFO Says
Apr.14 -- Wells Fargo CFO Mike Santomassimo says the U.S. consumer is in a really strong position and sees robust mortgage originations ahead. He speaks on "Bloomberg Markets: The Close.
Wells Fargo reported Wednesday (April 14) results that showed approximately 6 percent growth in credit card-based spending, with notable growth of approximately 20 percent in debit card-based spending a...
Wells Fargo CFO on why he's confident about second half of the year
Michael Santomassimo, Wells Fargo CFO, joins 'Closing Bell' to discuss the bank's quarterly earnings, the state of the consumer, and how the economic recovery could affect the bank.
Goldman Sachs, JPMorgan, Wells Fargo Kick Off Bullish Start To Bank Earnings: What Technical Traders Need To Know
Three big banks kicked off earnings season Wednesday morning with Goldman Sachs Group Inc (NYSE: GS), JPMorgan Chase & Co. (NYSE: JPM) and Wells Fargo & Company (NYSE: WFC) reporting strong first-quarte...
Financials have typically traded at about three-quarters of the S&P 500 multiple, so a price-to-earnings increase is likely for the entire financial sector, Oakmark Funds portfolio manager Bill Nygren s...
Quarterly results provide fresh evidence the worst is over for this banking giant.
GameStop Corp. (NYSE: GME) shares are trading higher by 17% at $165 after the company announced a notice of redemption of $216.4 million in principal amount of its 10% senior notes due 2023 Wednesday. G...
Analysts have provided the following ratings for Wells Fargo (NYSE:WFC) within the last quarter: Last 30 Days 1 Month Ago 2 Months Ago 3 Months Ago Bullish 0 1 0 1 Somewhat Bullish 0 0 3 2 Indifferent...
The nation's third largest bank benefited from a $1 billion reserve release.
Wells Fargo's (WFC) Q1 results reflect solid mortgage and capital markets activity, reduced net interest income, along with lower provisions.
Wells Fargo (WFC) delivered earnings and revenue surprises of 52.17% and 2.53%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
JPMorgan, Goldman And Wells Fargo Post 'Monster' $69 Billion In Sales—Shattering Expectations As Stocks Extend Highs
The first-quarter trading frenzy was a massive boon for the nation's big banks.
Wells Fargo's sevenfold rise in profits came during what is shaping up to be an economic resurgence. That has prompted banks to release some of the money they stowed away last year to protect against so...
Wells Fargo & Co (NYSE: WFC) published its earnings report for the fiscal first quarter on Wednesday that beat Wall Street estimates. The company attributed its hawkish performance partially to £1.16 bi...
Here's how earnings from JPMorgan, Goldman, and Wells Fargo compare
JPMorgan, Goldman Sachs and Wells Fargo all beat on the bottom line, but there are a couple of minor caveats. CNBC's Wilfred Frost breaks down the results.
Shares of Wells Fargo (NYSE:WFC) fell 0.1% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share rose 31.25% year over year to $1.05, which beat the estimate ...
Wells Fargo & Co reported first-quarter profit ahead of Wall Street estimates on Wednesday as the bank set aside less money to cover soured loans.
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) has released its first quarter 2021 financial results. The financial results are available online at https://www.wellsfargo.com/about/in...
Wells Fargo is expected to post improving results driven by a release of some of the coronavirus-related loan loss reserves it set aside last year.
Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets and proudly serves one in three U.S. households and more than 10% of all middle market companies in the U.S. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management. Wells Fargo ranked... [Read more...]
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In 2020, Wells Fargo's revenue was $72.34 billion, a decrease of -14.96% compared to the previous year's $85.06 billion. Earnings were $3.30 billion, a decrease of -83.11%.
According to 27 analysts, the average rating for Wells Fargo stock is "Buy." The 12-month stock price forecast is 47.47, which is an increase of 11.17% from the latest price.