The latest trading day saw Wells Fargo (WFC) settling at $74.72, representing a -0.08% change from its previous close.
WFC's CEO expresses confidence in nearing the resolution of regulatory issues as the bank works to lift the Fed's $1.95T asset cap and expand deposit growth.
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.
Wells Fargo & Company (NYSE:WFC ) Bernstein 41st Annual Strategic Decisions Conference May 28, 2025 8:00 AM ET Corporate Participants Charlie Scharf - Chief Executive Officer Conference Call Participants Ken Usdin - Autonomous Ken Usdin Good morning, everybody. My name is Ken Usdin.
In the latest trading session, Wells Fargo (WFC) closed at $75.52, marking a -0.71% move from the previous day.
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's growth potential is strong, driven by lifting the asset cap, solid financials, and aggressive share buybacks, despite economic uncertainties. The bank's net income rose 6% YoY, with a 16% increase in EPS, showing resilience despite a slight revenue decline. Wells Fargo's dividend yield is 2.2%, with room for future increases, and a $40 billion share buyback program boosts investor returns.
Given steady rates and economic uncertainty, WFC may face headwinds in the near term. Read on to know whether the stock is worth holding on to for now.
One of the best and most subtle ways companies reward their shareholders is through stock buyback programs, which, contrary to popular belief, are much better than dividend payouts. They are superior because they avoid the double-taxation events that dividends bring and keep capital within a business, subject to further compounding and investment in areas such as acquisitions or paying down debts.
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 (WFC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Wells Fargo said the Consumer Financial Protection Bureau terminated a consent order related to the company's compliance risk management program. The order was issued in 2018 and is the 12th consent order closed by regulators since 2019 and the sixth since the start of the year, according to a Monday (April 28) press release.