Various developments have unfolded around **Wells Fargo & Company (WFC)** recently. **WFC** stock has been speculated to be a cheap, but profitable investment by several investment pundits including host of Mad Money, **Jim Cramer**. Also, WFC is making headway as regulatory issues are consistently being settled with the recent termination of the consent orders laid out by both **Consumer Financial Protection Bureau (CFPB)** and **Office of Comptroller of Currency (OCC)**. They also confirmed a new **$40 Billion Common Stock repurchase program**. Great anticipations surround WFC as they announce their 2026 Earnings release date and Q1 earnings that superseded estimates. **Lower interest income** did not deter the company from increasing their net income. The firm also has future plans to expand operations, such as in New York and increasing their Technology banking team by 20%. Further positive strides are expected as the company's CEO calls for a 'timely'?οΈ trade resolution. With a strong 2025 guidance and the declaration of cash dividends on preferred stock, WFC appears to be a favorable choice amidst all this, notwithstanding **net interest income** nosedive which resulted in WFC shares taking a slight dip.
Wells Fargo WFC News Analytics from Fri, 11 Oct 2024 07:00:00 GMT to Fri, 09 May 2025 12:00:00 GMT -
Rating 5
- Innovation 3
- Information 9
- Rumor -4
