Reviewing Wells Fargo & Company's Series L preferred shares, focusing on preferred dividend coverage and financial performance. Despite the decrease in net income, preferred dividends remain well-covered with a payout ratio of 6.6%. Series L preferred shares offer 6.3% yield, low probability of forced conversion, making it a preferred choice for adding duration to a portfolio.
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 (WFC) co-branded rent credit card is reportedly weighing on financials. Hence, the bank is renegotiating the agreement with Bilt Technologies.
Wells Fargo (WFC) reachead $59.05 at the closing of the latest trading day, reflecting a +1.39% change compared to its last close.
Invest in stocks such as Skechers (SKX), Chipotle Mexican Grill (CMG), Wells Fargo & Company (WFC) and Palomar Holdings (PLMR) for solid earnings growth.
The securities industry regulator of stockbrokers and bond traders has sowed some confusion over its new work-from-home rules, market insiders told MarketWatch.
Workers were sacked after review found they were ‘creating impression of active work', says filing
More than a dozen Wells Fargo employees found themselves out of a job last month after the bank investigated allegations of "simulation of keyboard activity."
Wells Fargo has reportedly fired more than a dozen workers accused of faking work.
Wells Fargo reportedly fired over a dozen workers for faking work with simulated keyboard activity. This move highlights the ongoing tensions between bosses and workers feeling disengaged.
The fired employees worked in the bank's wealth and investment management unit, according to the report.
Wells Fargo & Company (NYSE:WFC ) US Financials, Payments & CRE Conference June 11, 2024 8:00 AM ET Company Participants Michael Santomassimo - CFO Conference Call Participants Unidentified Analyst All right, we are ready to kick-off on day two, at least, I'm ready to kick-off. I know there was a session before me.