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What's Going On With Wells Fargo Shares After Beating Q1 Earnings?
12 Apr 2024 13:01 GMT
Wells Fargo & Company WFC shares are trading slightly lower in the premarket session on Friday.
The bank reported first-quarter earnings per share of $1.20, beating the analyst consensus of $1.09. Quarterly sales of $20.86 billion beats the Wall Street …
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Senate Minority Leader Mitch McConnell Can't Stop Buying Shares of This Former Darling of Warren Buffett
19 Apr 2024 12:07 GMT
… 't the one buying Wells Fargo stock. His disclosures revealed the owner … Trump administration.
Should you buy Wells Fargo stock, too?
Things appear to be …
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Top banking analysts see 3 reasons why Wells Fargo stock should push even higher this year
13 Mar 2024 20:37 GMT
… year have been coming down, Wells Fargo stock has been climbing. 2. Efficiency …
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What Analysts Are Saying About Wells Fargo Stock
13 Mar 2024 17:05 GMT
In the latest quarter, 8 analysts provided ratings for Wells Fargo WFC, showcasing a mix of bullish and bearish perspectives.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and …
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Wells Fargo stock rises as Feds lift consent order for its fake-account scandal
15 Feb 2024 19:34 GMT
Wells Fargo & Co.’s stock rose Thursday after the bank confirmed it satisfied requirements by federal regulators to overhaul aspects of its operations related to the fake bank accounts scandal, but the company still faces other pending actions. Wells …
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Investors selling Wells Fargo stock after earnings are focusing on the wrong things
12 Jan 2024 22:06 GMT
Wells Fargo reported better-than-expected quarterly results before the opening bell Friday. We were also happy to see that as of the end of 2023, management has officially delivered on its $10 billion multiyear cost-saving program. However, the stock came …
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Bank of America, JPMorgan Chase and Wells Fargo shares shrug off Moody’s outlook cut to negative from stable
14 Nov 2023 16:54 GMT
Moody’s Investors Service cut its rating outlook to negative from stable on Bank of America Corp., JPMorgan Chase & Co. and Wells Fargo & Co., but the stocks rallied Tuesday on the heels of tame inflation data. “The rating actions … reflect the …
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Wells Fargo shares rise after third-quarter results top Wall Street expectations
13 Oct 2023 12:08 GMT
A Wells Fargo customer uses the ATM at a branch in San Bruno, California, on Aug. 8, 2023.
Justin Sullivan | Getty Images
Wells Fargo on Friday surpassed Wall Street expectations in third-quarter earnings and revenue as the benefit from higher interest …
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Wells Fargo shares jump after Q2 results exceed estimates
15 Jul 2023 15:35 GMT
Wells Fargo & Co. earned more net interest income than analysts expected in the second quarter and lifted its guidance for the full year as big U.S. banks continue to benefit from the Federal Reserve’s rate hikes.
The San Francisco-based firm reported …
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Why Wells Fargo Shares Are Surging Today
14 Jul 2023 13:30 GMT
Wells Fargo & Company WFC reported Q2 EPS of $1.25, beating the consensus of $1.15, with revenues of $20.53 billion, up 21% Y/Y, above the consensus of $20.07 billion.
Wells Fargo's profit surged 57% to $4.9 billion as it earned more in …