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?
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.
Caliber Wealth Management LLC KS bought a new position in Wells Fargo and Company (NYSE: WFC) in the undefined quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 23,741 shares of the financial services provider's stock, valued at approximately $2,213,000. Other hedge funds also recently bought and sold
Wells Fargo CEO Charlie Scharf said on Monday that lowering interest rates now, before there is clarity about a potential end to the Iran conflict, would be "the wrong thing to do."
Wells Fargo & Company (WFC) Q1 2026 Earnings Call Transcript
WFC stock slips after Q1 earnings miss as rising expenses and higher provisions offset gains in net interest income and fee income growth.
Wells Fargo & Co (NYSE:WFC, XETRA:NWT) reported mixed first quarter financial results, exceeding profit expectations but falling short on revenue, sending its shares lower in early trading. The bank posted adjusted earnings per share of $1.60, slightly above analyst estimates of $1.58.
The headline numbers for Wells Fargo (WFC) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Shares of Wells Fargo fell on Tuesday after the lender reported first-quarter net interest income that came in below Wall Street expectations, highlighting the near-term pressure from lower interest rates even as broader fundamentals remained stable. The stock dropped about 4.9% following the results, extending its year-to-date decline to roughly 13%.
Wells Fargo (WFC) came out with quarterly earnings of $1.56 per share, missing the Zacks Consensus Estimate of $1.58 per share. This compares to earnings of $1.27 per share a year ago.
Wells Fargo is positioned for a unique catalyst with the June 2025 asset cap removal, enabling significant balance sheet expansion. WFC guides for 2026 NII around $50B and 4-6% loan and deposit growth, with upside potential if rates remain higher than expected. Buybacks have accelerated post-asset cap, with $5B per quarter acting as a share price floor, but CET1 ratio and credit provisions must be monitored.
Evaluate the expected performance of Wells Fargo (WFC) for the quarter ended March 2026, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.