WFC - NEW YORK STOCK EXCHANGE, INC.
Industry: Banking
Market Cap: 248.4 B
IPO Date: Dec 10, 1962
Country: US
Currency: USD
Shares Outstanding: 3.3 B
6/8/2025
Lloyds Banking Group offers stability, solid dividends, and growth potential amid global volatility and U.S. trade risks. See why LYG stock is a buy.
Source: SeekingAlpha
6/7/2025
Dividend stocks can generate reliable passive income. The key is to find companies that have a strong track record of paying and increasing their dividends. Investors also want to be sure that they are picking companies that can generate enough earnings and free cash flow to cover and raise their dividends in the future.
Source: Yahoo
6/6/2025
The U.S. Federal Reserve's unprecedented, seven-year long punitive measure was imposed on Wells in 2018 and restricted balance sheet growth so the bank could address rampant governance and compliance concerns that had been brought to light in a fake accounts scandal in 2016. The Fed's unanimous decision on Tuesday capped years of efforts by the bank to repair the damage and pay off billions of dollars in fines, sending Wells Fargo shares to a three-month high a day later. "The positive outlook on the holding company reflects our view that Wells Fargo has substantially improved its underlying governance, risk, and control profile, allowing for the removal of the Fed's asset cap," said S&P.
Source: Yahoo
6/6/2025
Wells Fargo & Co. stock underperforms Friday when compared to competitors despite daily gains
Source: MarketWatch
6/6/2025
The lawmakers criticized the regulator for a lack of specificity in its public notice about why removing a limit on the amount of assets the bank of assets can hold was warranted
Source: Yahoo
6/6/2025
Gary Swearingen: Why a Firm With a Weird Name Is Thriving
Source: MarketWatch
6/6/2025
Wells Fargo's asset cap is lifted after 7 years, unlocking growth potential. Explore the Series L preferred's yield benefits and competitive insights.
Source: SeekingAlpha
6/6/2025
The US banks with the biggest market capitalizations outperformed the rest of the sector in May. Read more here.
Source: SeekingAlpha
6/5/2025
The lawmakers criticized the regulator for a lack of specificity in its public notice about why removing a limit on the amount of assets the bank of assets can hold was warranted
Source: Yahoo
6/5/2025
Wall Street isn't just celebrating the debut of a major stablecoin issuer as Circle's stock soared Thursday. It's also considering how it can compete against Circle in the future.
Source: Yahoo
6/5/2025
(Bloomberg) -- Delta Air Lines Inc. is planning to sell investment-grade bonds Thursday to help repay a government loan it took out during the pandemic to pay employees.Most Read from BloombergICE Moves to DNA-Test Families Targeted for Deportation with New ContractNext Stop: Rancho Cucamonga!The Global Struggle to Build Safer CarsUS Housing Agency Vulnerable to Fraud After DOGE Cuts, Documents WarnNYC Residents Want Safer Streets, Cheaper Housing, Survey SaysThe airline is marketing three-year
Source: Yahoo
6/5/2025
Citigroup will cut 3,500 full-time roles at two China tech centers as it revamps global operations to address risks and compliance.
Source: Yahoo
5/3/2022
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does MGE (MGEE) have what it takes? Let's find out.
Source: Yahoo
6/5/2025
Senator Elizabeth Warren (D-Ma.) is calling on the Federal Reserve to reverse its decision and reinstall its asset cap placed on major bank Wells Fargo (WFC). The US central bank released Wells Fargo from its cap that held its total assets at $1.95 trillion earlier this week, allowing its business to expand further. To watch more expert insights and analysis on the latest market action, check out more Catalysts here.
Source: Yahoo
6/5/2025
Wells Fargo shifts focus to organic growth over buybacks after asset cap removal. Explore its valuation, dividend potential, and risk-reward outlook.
Source: SeekingAlpha
6/5/2025
Wells Fargo shares rose over 2% early Wednesday, hitting a three-month high, after the Federal Reserve lifted its asset cap on the bank.
Source: Yahoo
6/5/2025
Charlie Scharf fielded congratulatory messages from bank executives including Jamie Dimon after being freed from a yearslong cap on growth.
Source: Yahoo
6/4/2025
The first-of-its-kind growth restriction established a new precedent for how regulators can address a broken bank culture. With scant information about why the cap was lifted, the action provides little clarity on what Wells did right — or what the Fed did wrong.
Source: Yahoo
6/4/2025
Wells Fargo CEO Charlie Scharf knows he has a reputation for sternness, but he said that when the bank was finally freed of a $1.95 trillion asset cap by regulators on Tuesday, he became emotional. "Everyone thinks that I'm this tough, tough person ... but it's been so long in the making, it's impacted so many people so negatively," Scharf said. Scharf, 60, took the helm at Wells Fargo in 2019, vowing to repair its deeply entrenched problems from a fake-accounts scandal that erupted in 2016.
Source: Yahoo
6/4/2025
Wells Fargo CFO Mike Santomassimo reacts to the bank being released from a Federal Reserve asset cap that has restricted its size for over seven years. Speaking on Bloomberg The Close,...
Source: Finnhub