JPMorgan (JPM), Wells Fargo (WFC), and Citigroup (C) will kick-start the June-quarter reporting cycle for the Finance sector on July 15th. These banks comfortably passed the Fed's stress tests, opening the way for increased capital returns to shareholders through share buybacks and dividend hikes.
JPMorgan (JPM), Wells Fargo (WFC), and Citigroup (C) will kick-start the June-quarter reporting cycle for the Finance sector on July 15th. These banks comfortably passed the Fed's stress tests, opening the way for increased capital returns to shareholders through share buybacks and dividend hikes.
Wells Fargo (WFC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Wells Fargo (WFC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Wells Fargo hit an all-time high after passing the Fed stress test and raising its dividend by 12.5%, signaling renewed growth momentum. The removal of consent orders allows Wells Fargo to accelerate efficiency initiatives, expand wealth management, and reintroduce growth-focused incentive plans. Management is right-sizing the mortgage business while investing in commercial banking, positioning for profitability and market share gains.
Wells Fargo (WFC) closed the most recent trading day at $81.49, moving +1.71% from the previous trading session.
Wells Fargo (WFC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Recently, Zacks.com users have been paying close attention to Wells Fargo (WFC). This makes it worthwhile to examine what the stock has in store.
Wells Fargo (WFC) concluded the recent trading session at $78.11, signifying a +1.43% move from its prior day's close.
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 is no longer a penalty-box bank, and credit is stable, capital is strong, and the asset cap is finally lifted, unlocking growth potential. The bank delivers solid earnings, aggressive buybacks, and improving efficiency, yet trades at a discount to peers, creating a compelling value opportunity. Shareholder returns are robust, with a sustainable 8%+ yield through dividends and buybacks, supported by excess capital and liquidity.
In the most recent trading session, Wells Fargo (WFC) closed at $73.15, indicating a +1.09% shift from the previous trading day.