Wells Fargo & Co. (WFC)
Wells Fargo & Company (WFC) Presents at Morgan Stanley US Financials, Payments & CRE Conference Transcript
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 Eureka Moment Is Here
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 Just Got Unshackled. What Next?
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.
Marathon CEO Bruce Richards: How can you not be bullish on Wells Fargo
Bruce Richards, Marathon Asset Management CEO, joins 'Money Movers' to discuss equities, private credit and markets adjusting to tariffs.
Can JPMorgan be unionized? Employees turn to their peers at Wells Fargo for advice.
JPMorgan staffers are organizing a union amid dissatisfaction with return-to-office policies. The unionization effort follows a similar, prolonged attempt at Wells Fargo with limited success.
Wells Fargo Is Finally Out Of Asset-Cap Jail (Buy)
Wells Fargo's asset cap has been lifted after seven years, highlighting the long-term impact of its scandals. WFC's prolonged restrictions have significantly affected its operations and growth opportunities relative to its competitors. Management is now free to produce growth.
The Preferred Stock Of Wells Fargo Is Offering A 52-Week High Dividend Yield Of 6.6%
Wells Fargo preferred stock offers a safe 6.6% yield, supported by strong earnings, low payout ratio, and resilient dividend coverage. Current high yields are driven by elevated U.S. Treasury rates, which are unsustainable due to rising government interest expenses and deficit concerns. Government action to reduce the deficit will likely lead to lower interest rates, benefiting fixed-income securities like Wells Fargo preferreds.
Are You Looking for a High-Growth Dividend Stock?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Wells Fargo (WFC) have what it takes?
Wells Fargo reaches ‘pivotal milestone' as the Fed lifts an unprecedented restriction
Wells Fargo was released from a punitive, seven-year-long $1.95 trillion cap on its assets on Tuesday after the U.S. Federal Reserve lifted the regulatory measure, allowing the bank to pursue unimpeded growth.
Wells Fargo CEO goes from fixer to builder as regulators lift punishments
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.
Wells Fargo Stock Rises as Fed Removes $1.95T Asset Cap After 7 Years
WFC stock jumps as the Fed lifts its $1.95T asset cap, unlocking growth potential stalled since the 2018 scandal.
Wells Fargo Stock Rises After Fed Lifts Growth Cap
Shares of financial giant Wells Fargo & Co (NYSE:WFC) are up 2.2% before the bell, after the Federal Reserve officially lifted its long-standing asset cap on the bank.
