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Wells Fargo & CompanyWFC
70.34USD
+1.49 (2.16%)
Dec 20, 2024, 4:01 PM - At close
70.45USD
+0.11 (0.16%)
Dec 20, 2024, 7:59 PM EST - Until the end
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Overview >
Market Cap
234.20B
Revenue (ttm)
77.88B
Net Income (ttm)
16.97B
Shares Out
3.33B
EPS (ttm)
4.79
PE Ratio
14.69
Forward PE
13.20
Dividend
$1.60 (2.28%)
Ex-Dividend Date
Nov 8, 2024
Volume
49,833,225
Open
69.17
Previous Close
68.85
Day's Range
68.77 - 71.04
52-Week Range
46.12 - 78.13
Beta
1.17
Analysts
Buy
Price Target
67.82 (-3.58%)
Earnings Date
Jan 15, 2025
Description >

Wells Fargo & Company, a diversified financial services company, provides banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally.

It operates through four segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management.

The Consumer Banking and Lending segment offers diversified financial products and services for consumers and small businesses.

Its financial products and services include checking and savings accounts, and credit and debit cards, as well as home, auto, personal, and small business lending services.

The Commercial Banking segment provides financial solutions to private, family owned, and certain public companies.

Its products and services include banking and credit products across various industry sectors and municipalities, secured lending and lease products, and treasury management services.

The Corporate and Investment Banking segment offers a suite of capital markets, banking, and financial products and services to corporate, commercial real estate, government, and institutional clients.

Its products and services comprise corporate banking, investment banking, treasury management, commercial real estate lending and servicing, equity, and fixed income solutions, as well as sales, trading, and research capabilities services.

The Wealth and Investment Management segment provides personalized wealth management, brokerage, financial planning, lending, private banking, and trust and fiduciary products and services to affluent, high-net worth, and ultra-high-net worth clients.

It also operates through financial advisors. Its serves to independent offices and consumer banks.

The company was founded in 1852 and is headquartered in San Francisco, California.

Latest News >
Market Chatter: Exxon Mobil to Establish Tech Hub in Houston, Close New Jersey, Ontario Campuses
Market Chatter: Exxon Mobil to Establish Tech Hub in Houston, Close New Jersey, Ontario Campuses
May 7, 2024
12:28 PM EDT, 05/07/2024 (MT Newswires) -- Exxon Mobil ( XOM ) plans to set up a single North American research and technology hub at its Houston headquarters and close campuses in Clinton, New Jersey, and Sarnia in Ontario, Bloomberg reported Tuesday, citing a company spokeswoman. The majority of 700 workers affected by the closures are being offered roles in...
Brazil meatpackers join forces to resume operations amid floods, meat lobby says
Brazil meatpackers join forces to resume operations amid floods, meat lobby says
May 7, 2024
SAO PAULO, May 7 (Reuters) - Competing Brazilian meatpackers have joined forces to circumvent problems caused by heavy flooding in Rio Grande do Sul state, where torrential rains severely disrupted operations, a local meat lobby said on Tuesday. Jose Ribas, who presides over Sindicarne in the neighboring state of Santa Catarina, said local meatpackers were working in partnership to overcome...
Ligand Pharmaceuticals Investing in Agenus to Fund Development of Oncology Drug Candidates
Ligand Pharmaceuticals Investing in Agenus to Fund Development of Oncology Drug Candidates
May 7, 2024
12:24 PM EDT, 05/07/2024 (MT Newswires) -- Ligand Pharmaceuticals ( LGND ) and Agenus ( AGEN ) said Tuesday they have signed a royalty financing agreement to support the clinical development of Agenus' ( AGEN ) botensilimab and balstilimab, including a confirmatory phase 3 trial in metastatic, relapsed or refractory colorectal cancer. Under the terms of the agreement, Ligand will...
Campari has taste for more M&A after Courvoisier deal, new CEO says
Campari has taste for more M&A after Courvoisier deal, new CEO says
May 7, 2024
MILAN, May 7 (Reuters) - Campari will seek further M&A opportunties after completing the buyout of French cognac house Courvoisier, the new head of the Italian drinks group said on Tuesday. The group completed the 1.22-billion euro ($1.3 billion)acquisition of Courvoisier last week, earlier than expected by analysts. It was the largest ever deal for Campari, whose brands include the...
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