|Bid||0.00 x 1300|
|Ask||0.00 x 1200|
|Day's range||46.94 - 48.04|
|52-week range||36.54 - 60.30|
|Beta (5Y monthly)||1.17|
|PE ratio (TTM)||15.15|
|Earnings date||14 Apr 2023|
|Forward dividend & yield||1.20 (2.54%)|
|Ex-dividend date||02 Feb 2023|
|1y target est||53.26|
The 99-year-old investing legend has spoken.
(Bloomberg) -- When regulators hit Wells Fargo & Co. with an unprecedented cap on growth, executives atop the bank expressed confidence they could get it lifted in a year or so. Today marks its fifth birthday.Most Read from BloombergMerck Covid Drug Linked to New Virus Mutations, Study SaysAdani Crisis Deepens as Stock Rout Hits $108 BillionPorsche Blunder Puts $148,000 Sportscar on Sale for Just $18,000Hong Kong to Give Away 500,000 Air Tickets to Revive TourismHow Extreme Bets Fueled an $11.4
The two megabanks that lagged competitors over the course of the bull market run of the past decade, Wells Fargo (NYSE: WFC) and Citigroup (NYSE: C), are outperforming thus far in 2023. Wells Fargo's stock price is up about 13.8% year to date, while Citigroup was up about 14.2%. Wells Fargo, the fourth-largest bank in the U.S. with about $1.9 trillion in total assets under management, has been dogged by regulatory problems over the past several years.