WFC - Wells Fargo & Company
| Previous close | 50.390 |
| Open | 50.510 |
| Bid | 50.900 x 2000 |
| Ask | 50.910 x 500 |
| Day's range | 50.495 - 51.080 |
| 52-week range | 49.270 - 66.310 |
| Volume | 6,814,266 |
| Avg. volume | 23,925,601 |
| Market cap | 248.836B |
| Beta | 1.24 |
| PE ratio (TTM) | 12.19 |
| EPS (TTM) | 4.189 |
| Earnings date | 13 Jul 2018 |
| Forward dividend & yield | 1.56 (3.07%) |
| Ex-dividend date | 2018-02-01 |
| 1y target est | 63.00 |
Market Realist•1 hour agoJPMorgan’s Shareholder Payouts to Remain Upbeat in 2018
JPMorgan Chase (JPM) paid $6.7 billion to its shareholders in the form of dividends and repurchases in 1Q18, with repurchases seeing 65% YoY (year-over-year) growth and dividends rising 12% in the same period. In terms of its stock, the bank has increased its buyback amount by 29% to 41.4 million shares. Because tax cuts allow banks (XLF) to generate higher operating flows, repurchases are expected to remain upbeat in the upcoming quarters.
- MarketWatch•3 hours ago
Jump on this opportunity to get Wells Fargo’s stock on sale
It’s the best long-term performer among the big six U.S. banks, yet it’s trading at a low valuation.
- GlobeNewswire•4 hours ago
Recent Analysis Shows Ecolab, Wells Fargo, Bristow Group, SCANA, Microsemi, and Wolverine World Wide Market Influences — Renewed Outlook, Key Drivers of Growth
NEW YORK, April 19, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
Market Realist•19 hours agoHow JPMorgan Chase Is Performing in Core Banking Ops
JPMorgan Chase’s (JPM) Commercial Banking segment posted revenue of $2.2 billion in 1Q18, up 7% from 1Q17. The segment managed higher revenue on net interest income growth of 14% partially offset by lower investment banking revenue.
- Market Realist•22 hours ago
JPMorgan’s 1Q18 Impresses on Taxes, Trading, and Banking
JPMorgan Chase (JPM) posted EPS (earnings per share) of $2.37 in 1Q18, beating analysts’ estimate of $2.28 aided by tax cuts, higher investment banking and trading revenues, banking growth, and higher interest spreads and partially offset by the subdued performance of its Asset Management segment. The bank posted revenue of $28.5 billion, up 11% on a sequential basis and 10% on a YoY (year-over-year) basis.
- Motley Fool•23 hours ago
Wells Fargo's First-Quarter Earnings -- Is a Turnaround Coming?
Wells Fargo’s first-quarter earnings report leaves a lot to be desired.
- Motley Fool•2 days ago
Breaking Down Big Bank Earnings
Now that the "big four" U.S. banks have reported earnings, here's what investors need to know.
- Market Realist•2 days ago
How Berkshire’s Portfolio Has Performed in 1Q18
Berkshire Hathaway’s (BRK.B) investment portfolio grew to $191 billion in 4Q17 on an increase in its stakes in existing companies and a rise in the valuations of its holdings. In 1Q18, the company is expected to see its investment portfolio valuation fall, as major holdings have seen erosion in the range of 3%–22%. Berkshire could also look to add stakes at their current valuations, as lower prices are offering better valuations.
Motley Fool•3 days agoWells Fargo (WFC) Q1 2018 Earnings Conference Call Transcript
WFC earnings call for the period ending March 31, 2018.
- MarketWatch•3 days ago
New accounting rule raises revenue for big banks, but not all are highlighting the change
As new accounting standards for recognizing revenue take effect in the first quarter of 2018, big banks are taking decidedly different tacks in explaining how some revenues would be reported going forward, ...
- Barrons.com•3 days ago
Wells Fargo Could Take Up to $1B Charge
Wells Fargo’s latest troubles bring to mind words from a popular Britney Spears song: Hit me baby one more time. The embattled bank, which reported better-than-expected first-quarter results last week, warned Friday that it may take a charge of up to $1 billion to settle a regulatory investigation of its consumer business, Bloomberg reports. According to Bloomberg, Wells Fargo is in ongoing discussions with the Consumer Financial Protection Bureau and Office of the Comptroller of the Currency over issues in its auto lending and mortgage units.
Market Realist•3 days agoLarge US Banks’ Earnings Topped Analysts’ Expectations
JPMorgan Chase (JPM) reported an EPS (earnings per share) of $2.37 in 1Q18—compared to the consensus estimate of $2.28. The bank’s revenue came in at $28.52 billion—compared to the expectations of $27.68 billion. JPMorgan Chase reported a 7% decline in investment banking revenues to $1.6 billion. The bank’s return on equity stood at 15%.
- Zacks•3 days ago
JPMorgan, Wells Fargo and Citigroup are part of Zacks Earnings Preview
JPMorgan, Wells Fargo and Citigroup are part of Zacks Earnings Preview
- Bloomberg•6 days ago
Wells Fargo CFO Shrewsberry on Earnings, Lending, Fed Constraints
Wells Fargo CFO John Shrewsberry discusses the bank's first-quarter results, the lending business, and Fed constraints on deposits from other banks. He speaks with Bloomberg's Julia Chatterley on "What'd ...
- Associated Press•6 days ago
Broadcom, Marathon Oil rise; Wells Fargo, Zillow fall
Stocks that moved substantially or traded heavily Friday: Broadcom Inc., up $7.51 to $246.94 The technology company announced a $12 billion stock buyback program. Marathon Oil Corp., up 53 cents to $18.16 ...
- Zacks•6 days ago
Why is the Market Unimpressed with Bank Earnings?
Why is the Market Unimpressed with Bank Earnings?
- Motley Fool•6 days ago
Wells Fargo & Company (WFC) Earnings Conference Call Transcript
WFC earnings call for the period ending March 31, 2018.
- Investor's Business Daily•6 days ago
JPMorgan Still Can't Tell If Trump Tax Cuts Will Revive This Business
JPMorgan Chase CFO Marianne Lake said Friday that it' still too early to gauge whether President Trump's tax cuts will bring more loan growth.
Market Realist•6 days agoWhy Goldman Sachs Thinks Wells Fargo Could Withstand a Trade War
In the previous part, we discussed how prominent investment company Goldman Sachs (GS) had advised clients how to select investments if a trade war were to erupt. Donald Trump’s recent imposition of import tariffs signals a protectionist approach. In such an environment, stocks with higher domestic sales may benefit.
- Barrons.com•6 days ago
Market Rains on Banks' Earnings Parade
JPMorgan Chase (JPM) Citigroup (C) and Wells Fargo (WFC) all reported first-quarter earnings Friday morning, and all beat analysts' consensus estimates. JPMorgan posted quarterly revenue of $27.9 billion and earnings of $2.37 a share. Citi's earnings came in at $1.68 a share on revenue of $18.87 billion, and Wells Fargo earned $1.12 a share on revenue of $21.9 billion.
- Zacks•6 days ago
Bank Stock Roundup: Fed Minutes, Q1 Earnings, Wells Fargo and OZRK Dominate
Investors' bullish stance on bank stocks was mainly driven by expectations of improving economy and decent Q1 earnings.
- Barrons.com•6 days ago
More Wells Fargo Advisors Jump Ship
Wells Fargo Advisors, it seems, is having another tough year on the personnel front. In a supplement to its quarterly earnings released Friday, the firm reported that it had 14,399 financial advisors at the end of the first quarter —that’s 145 fewer than the firm had at the previous quarter’s end. A spokeswoman downplayed the loss in an e-mail to InvestmentNews, saying the firm “feels no need to focus on raw headcount numbers” of brokers and advisors.
Associated Press•6 days agoWells Fargo profit up, faces possible $1 billion settlement
Wells Fargo's profit jumped 6 percent during the first quarter, but that may be revised following an offer by federal regulators to settle a host of investigations into the consumer banking giant at a ...
- Motley Fool•6 days ago
Wells Fargo Earnings: There’s Still a Long Way to Go
Despite beating estimates on the top and bottom lines, Wells Fargo still has a lot of work to do.
Reuters Videos•6 days agoThree big U.S. banks report earnings
Quarterly profit at JPMorgan Chase missed expectations, Wells Fargo and Citi beat on profits. Aleksandra Michalska reports.
