WFC News and Press, Wells Fargo & Company

2024-07-02 08:42:56 ET Summary Regions Financial is stuck in a tortoise-vs-hare rut today, with ongoing pressure on net interest margin and minimal loan growth momentum likely to drive comparatively weak pre-provision profit performance. Regions has once again proven out the stren...

2024-07-01 15:01:05 ET Summary Wells Fargo's second quarter is likely to resemble recent quarters, with modest underperformance in lending (outside cards), healthy non-interest income, and rising credit costs. CRE credit is likely to get worse from here, but Wells Fargo is already...

Watts-Willowbrook Church of Christ now serves as a beacon of clean energy education and resilience, with hopes of providing critical services during electrical outages, heatwaves, or unhealthy air quality days COMPTON, CA / ACCESSWIRE / July 1, 2024 / Watts-Willowbrook Church of Christ, kno...

2024-06-28 16:50:15 ET More on Wells Fargo Wells Fargo: Adding Duration To My Portfolio With A 6.3% Yielding Preferred Wells Fargo & Company (WFC) US Financials, Payments & CRE Conference (Transcript) Wells Fargo Continues To Grow Despite Its Past Ban...

Wells Fargo & Company (NYSE: WFC) today announced that it has completed the 2024 Comprehensive Capital Analysis and Review (CCAR) stress test process. The Company expects its stress capital buffer (SCB) to be 3.8%, which represents a percentage amount of incremental capital the Company must h...

2024-06-28 10:43:51 ET More on Jefferies Financial Group Jefferies: Full Valuation For A Cyclical Business Jefferies: Attractive Global Expansion At A Fair Price Seeking Alpha’s Quant Rating on Jefferies Financial Group Read the full article on Seeki...

2024-06-27 16:32:58 ET Summary Besides attractive valuation and a healthy growth outlook, the stress test results provided additional factors to support a bull thesis on C. The test results suggest the overall health of the banking sector and also C’s resilience in the case...

2024-06-27 10:16:56 ET More on American Express, Bank of America, etc. JPMorgan: Still Not A Buy After Bank Stress Tests Huntington Bancorp Shifting To A Growth Footing (Rating Upgrade) PNC Financial: Undramatic, Undervalued, And Underrated JPMorgan: Projecte...

2024-06-26 11:50:16 ET Summary PNC Financial's "Brilliantly Boring" ad campaign embraces what investors have long appreciated about this bank - it's prudently conservative, but not afraid of growth or change. PNC is well-prepared for upcoming regulatory changes; the annual stress ...

2024-06-25 14:11:12 ET More on JPMorgan, Citigroup, etc. JPMorgan Chase: Higher Rate Preferred Shares With Marginal Risk Compared To CDs Wells Fargo: Adding Duration To My Portfolio With A 6.3% Yielding Preferred Citigroup: Buying Into The Restructuring Plan ...