Wells Fargo & Company

WFC

US9497461015

Banks

Market Closed - Nyse Other stock markets 16:00:23 2024-07-16 EDT			5-day change	1st Jan Change
60.24 ^USD	+4.35%		+0.60%	+22.39%

07-16	US bank executives discuss consumer outlook	RE
07-16	Lehigh University to Receive $125.8 Million in Bond Proceeds for Capital Projects	DJ

Wells Fargo & Company Announces Impairment Results for the Fourth Quarter December 31, 2020

January 15, 2021 at 07:46 am

Wells Fargo & Company announced impairment results for the fourth quarter December 31, 2020. for the quarter, the company reported Net loan charge-offs of $584 million as compared to $769 million.

Latest news about Wells Fargo & Company

US bank executives discuss consumer outlook	07-16	RE
Lehigh University to Receive $125.8 Million in Bond Proceeds for Capital Projects	07-16	DJ
Equity traders fuel US bank profits as stock markets rally	07-16	RE
Evercore ISI Adjusts Wells Fargo & Co.'s PT to $67 From $70, Keeps Outperform Rating	07-15	MT
Brace for a flurry of speeches from Fed officials	07-15
Keefe Bruyette & Woods Adjusts Price Target on Wells Fargo & Co. to $61 From $62, Maintains Market Perform Rating	07-15	MT
Jefferies Adjusts Price Target on Wells Fargo & Co. to $62 From $64, Maintains Hold Rating	07-15	MT
BMO Capital Adjusts Price Target on Wells Fargo & Co. to $59 From $57, Maintains Market Perform Rating	07-15	MT
Wall Street closes higher on bets of Fed rate cut	07-12	RE
Financials Up After Earnings -- Financials Roundup	07-12	DJ
Equities Close Higher as Markets Analyze Producer Prices Data	07-12	MT
S&P 500 Rises Week-to-Week, Closes Near Highs Despite Mixed Inflation Data, Bank Earnings	07-12	MT
Equities Close Higher as Markets Weigh Producer Prices Data	07-12	MT
Wells Fargo Loan Growth Weaker Than Thought: CFO Santomassimo	07-12	MT
US Equities Markets Close Higher Friday After Producer Prices Rise Above Expectations	07-12	MT
Wall Street closes higher on bets for Fed rate cut	07-12	RE
Sector Update: Financial Stocks Rise in Late Afternoon Trading	07-12	MT
Top Midday Decliners	07-12	MT
Equities Rise Intraday as Markets Weigh PPI Data	07-12	MT
Sector Update: Financial Stocks Higher in Afternoon Trading	07-12	MT
Banks earnings a mixed bag, shares drop	07-12	RE
Sector Update: Financial	07-12	MT
US Equity Indexes Climb as Investors Parse Wholesale Inflation Print	07-12	MT
Top bank executives' take on US presidential elections	07-12	RE
US banking execs weigh macroeconomic risks, Fed's interest rate path	07-12	RE

Wells Fargo & Company is a leading American banking group. The Net Banking Product (before intra-group eliminations) breaks down by activity as follows: - retail and commercial banking (57,9%): sales of standard and specialized banking products and services (mortgage lending, real estate credit, consumer credit, insurance, etc.); - finance, investment, and market banking (22,9%); - profit management, brokerage, and pension fund management (19.2%). At the end of 2020, the group had USD 1,404.4 billion in current deposits and USD 887.6 billion in current loans.

Sector

Banks

Calendar

2024-10-11 - Q3 2024 Earnings Release

Related indices

S&P 500

More about the company

Income Statement Evolution

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Analysis / Opinion

Wells Fargo Loan Growth Weaker Than Thought: CFO Santomassimo

July 12, 2024 at 04:16 pm

Investors Should Stick to 'More Defensively Positioned Asset Allocation' For Now, Wells Fargo Investment Institute Says

April 09, 2024 at 11:41 am

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Ratings for Wells Fargo & Company

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

60.24 USD

Average target price

63.7 USD

Spread / Average Target

+5.75%

Consensus

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Quarterly earnings - Rate of surprise

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