WFC - Wells Fargo & Company

NYSE - NYSE Delayed price. Currency in USD
56.41
+0.08 (+0.14%)
At close: 4:03PM EDT

56.41 0.00 (0.00%)
After hours: 5:21PM EDT

Stock chart is not supported by your current browser
Previous close56.33
Open56.07
Bid0.00 x 0
Ask0.00 x 0
Day's range55.85 - 56.65
52-week range49.27 - 66.31
Volume17,466,990
Avg. volume18,745,101
Market cap273.536B
Beta1.28
PE ratio (TTM)13.99
EPS (TTM)4.03
Earnings date12 Oct 2018
Forward dividend & yield1.56 (2.75%)
Ex-dividend date2018-05-03
1y target est61.76
Trade prices are not sourced from all markets
  • Stocks end slightly lower as traders shrug off trade talk
    Associated Press5 hours ago

    Stocks end slightly lower as traders shrug off trade talk

    NEW YORK (AP) — U.S. stocks inched lower Friday as bond yields jumped, a shift that helped banks but hurt companies that pay big dividends. The dollar fell after President Donald Trump said China is manipulating its currency.

  • Barrons.com11 hours ago

    Oops, Wells Fargo Did It Again

    Remember back when Wells Fargo (WFC) opened millions of accounts for customers without their knowledge or consent? As The Wall Street Journal reported late Thursday, Wells Fargo is in the process of refunding "tens of millions of dollars" for products including anything from from pet insurance to legal services added to customers accounts without their full understanding. Sources close to the bank say that it charged monthly fees for "dozens" of products for years, and the Consumer Financial Protection Bureau is looking into the matter: "In mid-2017, Wells Fargo stopped selling consumer add-on products and is in the process of notifying customers, a person familiar with the matter said.

  • Wells Fargo Is Refunding Some Customers for Add-on Product Fees
    Bloombergyesterday

    Wells Fargo Is Refunding Some Customers for Add-on Product Fees

    “We are reviewing add-on products sold to consumers by the bank or its service providers and if issues are found during this review, we will make things right with customers in the form of refunds or remediation,” Catherine Pulley, a Well Fargo spokeswoman, said in a statement Thursday. The fees affected hundreds of thousands of customers and the total cost could climb to more than $180 million, the Wall Street Journal reported earlier, citing people familiar with the matter.

  • Barrons.comyesterday

    Massive Wells Fargo Refunds Under Way

    Last year, Wells Fargo revealed that it was reviewing add-on products that might have been sold improperly to customers. Now we know the extent of the problem: The Wall Street Journal is reporting that the bank is refunding tens of millions of dollars, and that hundreds of thousands of customer accounts are involved. The Consumer Financial Protection Bureau is looking into whether customers were deceived, their awareness of the products and their ability to cancel the products, according to a Journal source.

  • Barrons.comyesterday

    Wells Fargo Advisors Shifted to Sales

    Advisors in Wells Fargo’s private bank have lost much control over investment management and been pressured to focus more on sales, according to a report in Yahoo Finance. Two former advisors told the outlet “they felt they were supposed to hide the shift (to model portfolios) from clients so the services could continue to be represented as highly personalized advice.” “I was going to be a sales person representing that I managed the portfolio,” said one advisor who left in frustration. “I couldn’t live with that.” Wells Fargo’s 200 or so private-bank advisors have traditionally been required to have graduate degrees and investing designations.

  • Bloomberg2 days ago

    Wells Fargo's Bennebroek Sees Another 2-3% Upside for Dollar

    Nick Bennenbroek, head of currency strategy at Wells Fargo Securities, discusses the rise of the U.S. dollar and how much higher the currency can climb. He speaks on "Bloomberg Daybreak: Americas." ...

  • Motley Fool2 days ago

    Wells Fargo Second-Quarter Earnings Recap

    Of the "big four" U.S. banks, Wells Fargo did not have the best quarter.

  • Banks Brush Off Market Uncertainty With Record Deal Fees
    Bloomberg2 days ago

    Banks Brush Off Market Uncertainty With Record Deal Fees

    Rising uncertainty in markets didn’t stop the biggest U.S. banks from hauling in record revenue from investment banking. Among the big winners were Morgan Stanley and Bank of America Corp., which both handily beat expectations thanks to their investment banking and consumer businesses, respectively. Wells Fargo & Co. was the lone bank to miss analysts’ earnings estimates as its total loans and deposits both dropped.

  • Exclusive: Wells Fargo automated high-net-worth wealth management as advisors faced sales pressure
    Yahoo Finance2 days ago

    Exclusive: Wells Fargo automated high-net-worth wealth management as advisors faced sales pressure

    In Wells Fargo's Wealth and Investment Management division, the intense pressure for sales is alive and well.

  • Motley Fool3 days ago

    Big Bank Earnings Recap -- Winners and Losers

    The “big four” U.S. banks have all reported second-quarter earnings; here’s a rundown of the results.

  • GlobeNewswire4 days ago

    No Barriers Warriors, Wells Fargo Announce the ‘2018 Warrior Strong: The Journey Continues’ Team

    No Barriers Warriors and Wells Fargo & Company (WFC) today announced the team of 12 veterans with disabilities selected to participate in the 2018 Warrior Strong: The Journey Continues expedition. This year’s expedition to Mount Whitney in California’s Inyo National Park is scheduled for Sept. 7–15 with a summit attempt scheduled for Sept. 11. The expedition will focus on the valued attributes that veterans bring to their communities and the workforce, with an emphasis on what veterans are capable of when given the chance.

  • Barrons.com4 days ago

    As Wells Fargo Bleeds Advisors, Merrill Gains

    Bank of America’s Global Wealth and Investment Management business gained 74 financial advisors in the second quarter, even as troubled Wells Fargo lost 173. GWIM now counts 19,350 advisors, including Merrill’s thundering herd, advisors in B of A’s consumer banking business, and those in the U.S. Trust business. Year over year, GWIM’s advisor corps has grown 2%.

  • US Banks Reported Mixed Profits in the Second Quarter
    Market Realist4 days ago

    US Banks Reported Mixed Profits in the Second Quarter

    JPMorgan Chase (JPM) reported an 18% higher profit than analysts’ expectations in the second quarter to $8.32 billion. According to Barclays analysts, the bank exceeded analysts’ estimates for the 14th straight quarter. The bank’s trading revenues rose 13% to $5.4 billion, while the loan growth rose 4% to $948.4 billion. The bank’s yield on interest-earning assets was at 2.46%.

  • Wells Fargo, JPMorgan, Bank of America, Goldman Sachs and Morgan Stanley are part of Zacks Earnings Preview
    Zacks5 days ago

    Wells Fargo, JPMorgan, Bank of America, Goldman Sachs and Morgan Stanley are part of Zacks Earnings Preview

    Wells Fargo, JPMorgan, Bank of America, Goldman Sachs and Morgan Stanley are part of Zacks Earnings Preview

  • What Helped the Dow Jones Industrial Average on July 13?
    Market Realist5 days ago

    What Helped the Dow Jones Industrial Average on July 13?

    Considering the movements in the markets in the past few months, the markets usually react to news that’s related to trade conflicts. When President Trump announced that additional tariffs would be levied on $200 billion worth of Chinese imports, China didn’t respond immediately. China might be ready for negotiations.

  • Wells Fargo Vigorously Competing for Loans, CFO Says
    Bloomberg7 days ago

    Wells Fargo Vigorously Competing for Loans, CFO Says

    John Shrewsberry, Wells Fargo & Co. chief financial officer, discusses the bank's second-quarter earnings with Bloomberg's Scarlet Fu and Julie Hyman on "What'd You Miss?" (Source: Bloomberg)...

  • What Happened in the Stock Market Today
    Motley Fool7 days ago

    What Happened in the Stock Market Today

    On a day major stock benchmarks closed up, Wells Fargo fell after reporting earnings and Gogo tumbled on turnaround plans that weren't well-received.

  • Wells Fargo shares fall the most in more than a month
    Bloomberg7 days ago

    Wells Fargo shares fall the most in more than a month

    Wells Fargo shares fell the most in a month after reporting that loans dropped to a 2-year low #tictocnews https://bloom.bg/2JhDmxP (Source: Bloomberg)

  • Wells Fargo (WFC) Q2 Earnings Miss, Fee Income Disappoints
    Zacks7 days ago

    Wells Fargo (WFC) Q2 Earnings Miss, Fee Income Disappoints

    Wells Fargo (WFC) reports negative earnings surprise of 3.6% in second-quarter 2018 due to lower mortgage banking revenues.

  • Wells Fargo Breaks From the Herd on Loans, Saying It’s Time to Be Prudent
    Bloomberg7 days ago

    Wells Fargo Breaks From the Herd on Loans, Saying It’s Time to Be Prudent

    With interest rates rising and borrowers keeping up on payments, bank shareholders want to see which lenders are taking advantage. Wells Fargo & Co., under the thumb of a regulatory asset cap, rattled investors Friday by posting the only decline in loans as the top U.S. banks began reporting quarterly results. While JPMorgan Chase & Co. and Citigroup Inc. found areas to expand, Wells Fargo cut both consumer and commercial lending.

  • Bank Stocks Sink as Earnings Hurt by Loan Woes, Fed Punishment
    Bloomberg7 days ago

    Bank Stocks Sink as Earnings Hurt by Loan Woes, Fed Punishment

    U.S. bank stocks are hurting after disappointing second-quarter results from Wells Fargo and Citigroup, and as JPMorgan’s earnings beat wasn’t enough to boost investor confidence. The KBW bank index is down as much as 1.9 percent, the most intraday since June 25, led by a decline of as much as 3.3 percent in Citigroup, the most since May 29, and a slide of as much as 4.3 percent in Wells Fargo, the most since March 22. JPMorgan was little changed after dropping as much as 1.6 percent.

  • Barrons.com7 days ago

    Bank Earnings: Investors Embrace JPMorgan, Cool on Citigroup, Wells Fargo Despite Some Positives

    JPMorgan Chase (JPM) is the standout among the three bank giants that reported second-quarter earnings today as it exceeded expectations while warning of tougher competitive conditions. JPMorgan shares were up 0.9%, to $106.96. Both Citigroup (C) and Wells Fargo (WFC) are trading lower today as investors react to some company-specific issues, including credit cards at Citigroup and home mortgages at Wells Fargo.

  • Barrons.com7 days ago

    Wells Fargo Wealth Unit Had a Tough Quarter

    Wells Fargo’s Wealth and Investment Management unit (WIM) had a rough second quarter, posting a 37% dip in net income year over year, and a 1% drop in advisor headcount. Its net income quarter-to-quarter was down 38%, to $1.1 billion. In the second quarter, successful referrals between Wells’ community bank business and its wealth unit were down 5% from a year ago, and flat from the first quarter.

  • Wells Fargo’s Earnings Show the Bank Still Has a Long Way to Go
    Motley Fool7 days ago

    Wells Fargo’s Earnings Show the Bank Still Has a Long Way to Go

    The bank's numerous scandals are still taking their toll.

  • Stocks Open Flat: Dow Eyes 25,000, But JPMorgan, McDonald's Slide
    Investor's Business Daily7 days ago

    Stocks Open Flat: Dow Eyes 25,000, But JPMorgan, McDonald's Slide

    Stocks got off to a flat start Friday, as McDonald's and J&J held back the Dow and the S&P 500 and big banks rolled out their Q2 reports.