Wells Fargo & Company (WFC-PZ)
After hours:
| Previous close | 20.81 |
| Open | 20.74 |
| Bid | 0.00 x 900 |
| Ask | 0.00 x 1000 |
| Day's range | 20.37 - 20.77 |
| 52-week range | 17.33 - 21.92 |
| Volume | |
| Avg. volume | 202,863 |
| Market cap | N/A |
| Beta (5Y monthly) | 1.21 |
| PE ratio (TTM) | 4.22 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 1.19 (5.83%) |
| Ex-dividend date | 28 Feb 2024 |
| 1y target est | N/A |
- Reuters
Wells Fargo investors approve executive pay, CEO underscores risk controls
Wells Fargo shareholders on Tuesday approved its plans for executive compensation with a majority vote, including hiking CEO Charlie Scharf's 2023 package to $29 million. Scharf told investors at the bank's annual meeting that it is investing in risk and control infrastructure, which became top priorities after a 2016 scandal in which employees had opened millions of fraudulent accounts, often to meet sales goals. "Our control environment has become increasingly stronger to numerous internal metrics and shows that the work is clearly improving in our control environment but we will not be satisfied until all of our work is complete," Scharf said.
- Zacks
Wells Fargo and Hertz Global have been highlighted as Zacks Bull and Bear of the Day
Wells Fargo and Hertz Global have been highlighted as Zacks Bull and Bear of the Day.
- Zacks
Bull of the Day: Wells Fargo (WFC)
Despite the turmoil in the financial sector, Wells Fargo has been a rock. The company's stability, robust balance sheet, and relative strength foreshadow an attractive investment over the next 6-12 months.
