RBC Capital believes that Wells Fargo's shares are a smart investment following the recent drop in financial stocks, even though many bank stocks are still losing value.
WFC is suing JPM regarding a problematic commercial real estate loan worth $481 million.
Wells Fargo (WFC) finished the most recent trading session at $74.16, which is an increase of 1.17% compared to the previous day.
Wells Fargo & Co. (NYSE: WFC) is giving back to its shareholders by announcing a quarterly dividend of $0.40, which will be paid on Saturday, March 1.
In the most recent trading session, Wells Fargo (WFC) finished at $76.62, which is an increase of 0.22% compared to the day before.
Investors frequently depend on analyst recommendations when choosing to buy, sell, or hold a stock. Changes in ratings from these analysts, who work for brokerage firms, can impact a stock's price, but how significant are they really?
Dividends are one of the biggest advantages of being a shareholder, but it can be challenging to identify a good dividend stock. Is Wells Fargo (WFC) a strong contender?
WFC's initiatives to cut costs and address compliance problems seem promising. Let's see if the stock is a good investment option.
Wells Fargo's Series Z preferred shares provide a 5.80% yield and the chance for capital gains if interest rates fall, making them a good option for total returns. The bank's preferred dividends are secure, using less than 6% of its net profit, which supports its financial health. I am looking for a total return in the high single digits or low double digits over the next two years, taking advantage of possible interest rate drops.
Wells Fargo & Company (NYSE:WFC) is participating in the UBS Financial Services Conference on February 11, 2025, at 8:50 AM ET. The company's Chief Financial Officer, Mike Santomassimo, will be present. Erika Najarian from UBS welcomes everyone to the second day of the conference.