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Strong earnings may no longer be enough to lift stocks.
Investors and banking industry executives have privately speculated the bank could be poised to acquire a smaller lender.
It's all systems go for the American consumer, say bank executives, including strong spending on travel and entertainment. "There is still quite strong spending across the board, and it has just not been changing really at all," said Wells Fargo CFO Mike Santomassimo at an investor conference.
S&P 500 Faces Fresh Downside as Wells Fargo Cuts Year-End Target
Walmart, UnitedHealth and Wells Fargo highlight resilient growth, while XMax and Interlink pursue expansion despite execution challenges.
Wells Fargo & Company (NYSE:WFC) Chief Financial Officer Mike Santomassimo said the bank continues to see strong consumer spending, healthy credit trends and expanding business activity as it pursues growth following the removal of its asset cap. Speaking at a financial conference, Santomassimo sai
Investing.com -- Wells Fargo CFO Mike Santomassimo said Tuesday that the bank’s loan growth will likely surpass its full-year 2026 guidance. He made the remarks while speaking at the Barclays Global Financial Services Conference.
Wells Fargo lowers its price target on Carnival but still sees nearly a 60% upside.
Wells Fargo (WFC) closed at $88.71 in the latest trading session, marking a -1.75% move from the prior day.
On Sept. 14, 2026, CEO Brian Moynihan flagged weaker trading performance and softer dealmaking fees, keeping investors focused on capital-markets sensitivity.
Can C's transformation, cost cuts and capital returns drive further upside despite its 29.3% six-month rally? Let us find out.
Bank ETFs are in focus as rising inflation lifts Fed rate hike odds, creating potential tailwinds and risks for the banking sector.
Charles Schwab is raising the minimum account balance for a tax-smart strategy favored by investment advisors who use Schwab’s trading platform. Starting Sept. 16, investors who want to take advantage of Schwab’s long/short separately managed accounts will need minimum balances of $10 million, up from the current minimum of $1 million. Schwab says the change will affect only new accounts, not existing ones.
Everybody on Wall Street knows everything there is to know about popular mega-cap stocks, right? Matt Fruhan, a top fund manager of Fidelity Mega Cap Stock Fund, disagrees.
Wall Street remained split after RH’s Q2 earnings, with Wells Fargo backing its second-half growth drivers while UBS and BofA questioned growth estimates, according to TheFly.
Wells Fargo raises price target on Synopsys stock to $475. Here’s what made analyst Joe Quatrochi upgrade SNPS shares today.
USB raises quarterly dividend by 3.8%, marking its sixth hike in five years. With a 10.8% CET1 ratio and $3.9B left for buybacks, is there room for more?
Citigroup reportedly plans to bring tokenized deposit services to Japan by the end of 2026, extending its 24/7 cross-border payments strategy.
Another 319 million shares can trade, with more coming Thursday.
Merrill Lynch has recruited three financial advisor practices away from rivals in the wealth management space. The advisors, who joined Merrill from Morgan Stanley Truist, and Wells Fargo oversaw more than $1.7 billion at their former firms. The largest of Merrill’s recent recruits is the Aliaskari Group in the affluent Washington suburb of McLean, Va. The team, which serves high- and ultrahigh-net-worth clients, includes Mahrak Aliaskari, a Certified Financial Planner and 23-year industry veteran.
TPG just bought into the exact Optum clinics that derailed UnitedHealth's profits, and management is hours away from reaffirming guidance that could either validate the deal or reopen a wound investors hoped was healing.
The latest trading day saw Wells Fargo (WFC) settling at $87.96, representing a -2.23% change from its previous close.
Weakness in preferred shares from Bank of America, Wells Fargo, and other major banks suggests investors expect interest rates to remain elevated.
Wells Fargo stock has delivered a strong 137.3% return over the past 3 years, yet several valuation checks still suggest the shares may trade below an internally estimated intrinsic value. With both the Excess Returns model and market multiples pointing in the same direction, the current price invites closer scrutiny of what investors are paying for the bank’s progress and plans. The 137.3% gain over 3 years signals that Wells Fargo has already rewarded patient shareholders, so any perceived...
NTRS' NII rises 11% y/y in Q2, with lower funding costs and balance-sheet trends supporting momentum as management lifts 2026 growth guidance.
On September 1, shareholders of three companies spanning oil refining, retail, and banking all received dividend checks on the same day, but two of those checks arrived at a rate investors had never seen before.
U.S. added 162,000 jobs in August, while wage growth continued to lag inflation