Wells Fargo & Co. Aktie News

Wells Fargo's preferred shares now offer a 6.4% yield, making the risk/reward ratio even more attractive amid higher interest rates. The bank only needs about 6% of net profit to cover preferred dividends, ensuring strong coverage and safety for preferred shareholders. Series Z preferred shares trade at a discount, boosting yield and offering potential capital gains if interest rates decline in...

[00:00:04] Doug McIntyre: Lee, I thought Wells Fargo would be in prison.

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo Investment Institute (WFII) today released its “Midyear Outlook report: Opportunities amid uneven terrain.” The first half of 2025 delivered some of the most stunning and rapid policy changes of the past 80 years. This midyear report assesses the changes since the release of WFII's 2025 Outlook in December and highlights the potential risks and opport...

Wells Fargo reportedly expects consumer loan growth in the United States to remain flat or potentially decrease through the end of the year.

Wells Fargo & Company (NYSE:WFC ) Morgan Stanley US Financials, Payments & CRE Conference June 10, 2025 9:00 AM ET Company Participants Michael P. Santomassimo - Senior EVP & CFO Conference Call Participants Betsy Lynn Graseck - Morgan Stanley, Research Division Betsy Lynn Graseck I'm just going to read a Morgan Stanley disclosure.

Wells Fargo's Chief Financial Officer Mike Santomassimo said consumer loan growth is likely to remain muted for the rest of the year and could potentially slide.

Wells Fargo's asset cap has been lifted after 7 years, removing a major growth restriction and opening new business opportunities. Despite consistent earnings beats, market sentiment and stock price lagged due to the asset cap, not fundamental issues. The stock remains undervalued, trading at a 26% discount to sector peers, with strong bottom-line performance despite revenue constraints.

Wells Fargo (NYSE: WFC) stock has increased by 3% over the past week and is up nearly 9% year-to-date. The recent uptick follows the announcement from the U.S. Federal Reserve last week stating that Wells Fargo will no longer be bound by the $1.95 trillion asset cap enforced on the bank's operations due to its prolonged sales practices scandal.