Profile
Sector:
Financial ServicesIndustry:
Banks - DiversifiedCountry:
United StatesIPO:
01 June 1972Website:
http://www.wellsfargo.comNext earnings report:
15 January 2025Last dividends:
08 November 2024Next dividends:
N/APrice
pre-market | 24 min agoAnalysts recommendations
Institutional Ownership
WFC Latest News
Warren urged the Federal Reserve to maintain the asset limit until Wells Fargo can demonstrate that it can manage the risks of being a large organization.
Wells Fargo has sent a review from an outside party to the Federal Reserve, asking to remove a $1.95 trillion limit on its assets that was set after the fake accounts scandal in 2016. Since 2019, CEO Charlie Scharf has been working on compliance issues to try to lift this cap and achieve a major success for the bank. Even though shares are expected to rise in 2024, company leaders believe the asset cap will likely stay in effect for at least another year.
At the end of the last trading day, Wells Fargo (WFC) was priced at $74.09, which represents a decrease of 0.34% compared to the day before.
It is expected that if Trump wins, Wells Fargo will be able to remove its asset cap, which has led to significant profit losses for the bank. This change could help the bank recover financially.
Users of Zacks.com have been paying a lot of attention to Wells Fargo (WFC) lately. Therefore, it's important to understand the key information that could influence the future of the stock.
Wells Fargo & Company (NYSE:WFC) will hold a conference call for the BancAnalysts Association of Boston on November 7, 2024, at 8:10 AM ET. The Chief Financial Officer, Mike Santomassimo, will be participating in the call. Gerard Cassidy, the President of the BancAnalysts Association of Boston, will also be present.
Citigroup, Bank of America, and Wells Fargo saw gains in overnight trading on the Robinhood platform. This increase is happening as investors are optimistic about Donald Trump's chances of winning the presidential election.
Wells Fargo & Company (NYSE: WFC) has announced that its board of directors has approved a quarterly dividend of $0.40 per share, which will be paid on December 1, 2024, to shareholders who are on record as of November 8, 2024. Wells Fargo is a major financial services firm with around $1.9 trillion in assets. The company offers a wide range of banking, investment, mortgage products, and services for both consumers and businesses.
Wells Fargo's President and CEO, Charles Scharf, appears on 'Mad Money' with Jim Cramer to discuss the latest quarterly results, recent job cuts, and other topics.
Wells Fargo's President and CEO, Charles Scharf, appears on 'Mad Money' with host Jim Cramer to discuss the latest quarterly results, recent job cuts, and other topics.
What type of business is Wells Fargo?
Wells Fargo & Company is the largest American financial corporation with assets totaling 1.9 trillion US dollars and shareholder equity of 196 billion US dollars as of the end of 2018. It was founded in 1852. As a diversified financial holding company, it provides banking, investment, and mortgage products and services, as well as consumer and commercial financing through 7,800 branches, over 13,000 ATMs, digital (online, mobile, and social) and contact centers (phone, email, and messaging) located in all 50 states of the US, the District of Columbia, as well as offices in 37 countries and territories to support clients doing business in the global economy. It serves over 70 million customers, every third family in the US. It is listed in the Fortune 500 ranking of America's largest corporations, ranking fourth in assets and third in market value of common stock among all US banks (as of 2018).
What sector is Wells Fargo in?
Wells Fargo is in the Financial Services sector
What industry is Wells Fargo in?
Wells Fargo is in the Banks - Diversified industry
What country is Wells Fargo from?
Wells Fargo is headquartered in United States
When did Wells Fargo go public?
Wells Fargo initial public offering (IPO) was on 01 June 1972
What is Wells Fargo website?
https://www.wellsfargo.com
Is Wells Fargo in the S&P 500?
Yes, Wells Fargo is included in the S&P 500 index
Is Wells Fargo in the NASDAQ 100?
No, Wells Fargo is not included in the NASDAQ 100 index
Is Wells Fargo in the Dow Jones?
No, Wells Fargo is not included in the Dow Jones index
When was Wells Fargo the previous earnings report?
No data
When does Wells Fargo earnings report?
The next expected earnings date for Wells Fargo is 15 January 2025