Wells Fargo is a leading financial services company that provides a wide range of banking, investment, and mortgage products and services to individuals, businesses, and institutions. With a national presence, Wells Fargo operates through a network of branches and ATMs, offering services such as personal and commercial banking, wealth management, and asset management. The company is committed to supporting its customers' financial needs while also focusing on community engagement and sustainable practices. In addition to traditional banking services, Wells Fargo is involved in various financial markets and investment banking activities, helping clients navigate complex financial landscapes. Read More
Bank of America analyst Savita Subramanian flagged slowing tech sector profit growth as a potential headwind, however, other analysts seem to be more bullish ahead of the earnings season.
Wells Fargo & Company (NYSE: WFC), as previously announced, will report its second quarter 2025 earnings results on Tuesday, July 15, 2025, at approximately 7:00 a.m. Eastern time. The results will be available online at https://www.wellsfargo.com/about/investor-relations/quarterly-earnings/. In addition to being available on the company’s Investor Relations website, the earnings results also will be available on the Securities and Exchange Commission website at https://www.sec.gov.
Shares of ride sharing and on-demand delivery platform Uber (NYSE:UBER)
jumped 3.3% in the afternoon session after Wells Fargo analyst raised the price target on the company's stock. Wells Fargo analyst Ken Gawrelski reiterated an "Overweight" rating on Uber and increased the price target to $120 from $100, suggesting a potential 24.86% upside from the previous closing price. This bullish outlook from a major financial institution signals confidence in Uber's growth prospects and market expansion potential. The move reflects growing optimism on Wall Street, where the majority of analysts covering the stock maintain a "buy" or equivalent rating.
Warren Buffett has shifted his investment strategy, investing $459 million in Sirius XM after selling his stakes in Bank of America, JPMorgan Chase, and Wells Fargo.
Wells Fargo today released a new study illustrating how much allowance parents are providing their children and the difficulties parents have in teaching their children about money.
Wall Street's biggest banks are rewarding shareholders with a wave of dividend hikes and buybacks totaling more than $100 billion, after clearing the Federal Reserve's 2025 stress test with capital left to spare.
Wells Fargo & Company (NYSE: WFC) today announced that it has completed the 2025 Comprehensive Capital Analysis and Review (CCAR) stress test process. The Federal Reserve Board’s (FRB) calculations resulted in an expected stress capital buffer (SCB) for the Company below the minimum, and the Company therefore expects its SCB to decrease from 3.8% to the minimum of 2.5%, which represents a percentage amount of incremental capital the Company must hold above its minimum regulatory capital requirements. The FRB has indicated that it will publish the Company’s final SCB by August 31, 2025. The FRB has a pending notice of proposed rule making that, if finalized as proposed, would result in the Company’s expected SCB being 2.6%.
Snap Inc. (NYSE: SNAP) shares are trading higher Tuesday after Wells Fargo raised its price target on the stock from $8 to $11, citing stronger-than-expected revenue growth in a stabilizing ad market.
