Wells Fargo: Stonewalled And Disgruntled, Turning Neutral [Seeking Alpha]
Wells Fargo & Company (WFC)
Last wells fargo & company earnings: 4/14 07:46 am
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US:NYSE Investor Relations:
wellsfargo.com/about/investor-relations
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Source: Seeking Alpha
Summary Wells Fargo has been through a painful period that weighed on the stock performance and growth expectations. Although a margin expansion is in our base case scenario, we do not have high hopes for earnings growth due to the sluggish fee performance and the asset cap. With a price target of $61, we do not believe that Wells Fargo offers a compelling story and have the fear of stock being a behindhand in the finance space. Wells Fargo ( WFC ) has been through a painful period that had sparked with a fake-account scandal, which was then followed by Fed's decision to cap the bank's balance sheet growth. The harmed reputation followed by the enforcement of the Fed has been a cause for concern for investors, which also has been reflected in the stock performance. On a year-to-date basis, the share price change has fallen into the red area. In our previous note on the bank, we had laid out a bullish thesis highlighting the compelling valuation against the potential re
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WFC
News
- Muni Funds Lose Most Cash Since 2022 With Fed Delaying Cuts [Yahoo! Finance]Yahoo! Finance
- Muni Funds Lose Most Cash Since 2022 With Fed Delaying Cuts [BNN Bloomberg (Canada)]BNN Bloomberg
- Oil Tests Central Bankers' Nerves With Mideast on 'Knife Edge' [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Oil Tests Central Bankers' Nerves With Mideast on ‘Knife Edge' [Yahoo! Finance]Yahoo! Finance
- Oil Tests Central Bankers' Nerves With Mideast on ‘Knife Edge' [BNN Bloomberg (Canada)]BNN Bloomberg
WFC
Earnings
- 4/12/24 - Beat
WFC
Sec Filings
- 4/17/24 - Form 424B2
- 4/17/24 - Form PX14A6G
- 4/16/24 - Form 3
- WFC's page on the SEC website