In the latest trading session, Wells Fargo (WFC) closed at $54.59, marking a +1.09% move from the previous day.
WFC's diversified revenue stream and capital adequacy seem favorable. However, existing asset cap and legal scrutiny are a concern.
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.
In the closing of the recent trading day, Wells Fargo (WFC) stood at $56.72, denoting a +0.04% change from the preceding trading day.
Wells Fargo (WFC) agrees to sell its non-Agency third-party servicing segment of its CMS business to Trimont. This decision allows the bank to focus more on its core business activities.
In the closing of the recent trading day, Wells Fargo (WFC) stood at $56.15, denoting a -0.53% change from the preceding trading day.
Wells Fargo (WFC) is selling much of its commercial mortgage servicing business to Trimont, the bank said Tuesday. Financial terms weren't disclosed but the transaction is expected to close in early 2025.
Wells Fargo & Co. said Tuesday it's selling what's described as the largest servicer of securitized commercial-real-estate debt in the U.S. to Trimont, a loan-service provider backed by private-equity firm Värde Partners.
Wells Fargo's (WFC) diversified revenue stream and capital adequacy seem favorable. However, existing asset cap and legal scrutiny are a concern.
Wells Fargo will sell its non-agency third-party Commercial Mortgage Servicing business to global commercial real estate loan services provider Trimont, the companies said on Tuesday.
Zacks.com users have recently been watching Wells Fargo (WFC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
The CFPB probes major banks like JPMorgan (JPM), BofA (BAC) and Well Fargo (WFC) over their handling of customer funds on the peer-to-peer payments platform Zelle.