We are increasing our fair value estimate for Wells Fargo to $65 per share from $60 per share after incorporating the latest results. This fair value estimate is equivalent to 1.6 times the reported ...

Scharf noted that this was the sixth consent order regulators had terminated since he joined Wells Fargo in 2019. "Our ...

3M (NYSE:MMM) on Wednesday was upgraded to Overweight from a previous investment rating of Equal Weight by analysts at financial-services firm Wells Fargo ... to boost profit margins and buybacks ...

Column chart depicting Wells Fargo's profit in recent quarters Wells ... effort to fix compliance problems from a fake accounts scandal that erupted in 2016. The Fed imposed a $1.95 trillion ...

(Reuters) -Wells Fargo's profit beat expectations in the fourth ... year effort to fix compliance problems from a fake accounts scandal that erupted in 2016. The Fed imposed a $1.95 trillion ...

(Reuters) -Wells Fargo's profit beat expectations in the fourth ... year effort to fix compliance problems from a fake accounts scandal that erupted in 2016. The Fed imposed a $1.95 trillion ...

Still overshadowing Wells Fargo is the $1.9 trillion asset cap ordered by the Federal Reserve in February 2018 related to its fraudulent customer account scandal that erupted in September 2016.

On Wednesday, Wells Fargo & Company (NYSE ... asset-based fees reflecting higher market valuations. Net interest margin fell from 2.92% a year ago to 2.70% in the fourth quarter of 2024.