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March 3, 2024 at 10:00 AM. Wells Fargo's stock ( WFC) is up 12% this year, outperforming all big bank rivals and within sight of an all-time high. One big reason: Investors believe the San ...
Bank of America, meanwhile, had a return on equity of 8.7%, while Wells Fargo came in at 10.2%. It shouldn't be surprising, then, that the market is willing to pay more for Wells Fargo and Bank of ...
Since Scharf took over Wells Fargo in 2019, the stock has fallen 19%, underperforming all but Citigroup. Since the beginning of 2023, Wells Fargo’s stock is down 5%, outperforming all but ...
However, it retains Norwest's pre-1998 stock price history and corporate structure, and all pre-1998 SEC filings are under Norwest, not Wells Fargo. Former Wells Fargo stockholders held 52.5 percent of the newly combined company and former Norwest stockholders held 47.5 percent. Paul Hazen, chairman and CEO of Wells Fargo, become chairman of ...
The stock has 11 Buy, seven Hold, and three Sell analyst recommendations. Ines Ferre is a senior business reporter for Yahoo Finance. Follow her on Twitter at @ines_ferre .
The high-water mark for stock projections in 2024 has once again moved up.. In a note to clients on Monday, Wells Fargo's head of equity strategy, Christopher Harvey, boosted his year-end target ...
People with Wells Fargo stock from 2018-2020 are part of new $1 billion court settlement. In December, the Consumer Protection Finance Bureau ordered Wells Fargo to pay restitution and penalties ...
Paramount Global ( PARA) stock closed down 2% on Wednesday, despite initially moving higher earlier in the session after Wells Fargo analyst Steve Cahall upgraded shares to Equal Weight from ...