News

Wells Fargo Stock Slides as Bank Lowers Its Outlook for a Key Measure of Profitability
Wells Fargo on Tuesday lowered its outlook net interest income, a key measure of profitability, sending shares lower.
Wells Fargo Investors Skeptical of Bank’s Post-Cap Growth Story
Investors eager for a growth story from Wells Fargo & Co. after its long-anticipated release from a Federal Reserve asset cap ...
Raymond James Downgrades Wells Fargo & Company (WFC) Stock to Market Perform
Wells Fargo & Company (NYSE:WFC) is one of the Best Large Cap Value Stocks to Invest In. Raymond James downgraded the company ...
Wells Fargo Profit Rises After Lifting of Asset Cap
Wells Fargo said its profit rose in the second quarter, in which a years-long restriction on growth at the bank was lifted by ...
Wells Fargo Posts Second-Quarter Earnings Beat
Wells Fargo reported earnings of $1.60 per share on revenue of $20.8 billion for the second quarter, beating Wall Street ...
Financial Planning9h
Wells Fargo nods to bank-based advisors for $16B in inflows
In an earnings call Tuesday, CEO Charlie Scharf credited brokers in the firm's branches for working with commercial bankers ...
Wells Fargo Profit Rises on Lower Bad Loan Provisions
Last month, the U.S. Federal Reserve lifted Wells Fargo's seven-year-long $1.95 trillion asset cap, allowing the bank to ...
American Banker22h
Wells Fargo's asset cap is gone, but loan demand stays tepid
A jump in fee income helped the San Francisco-based bank boost second-quarter earnings per share by 20% from a year ago.