| (USD) | Mar 2024 | Q/Q |
|---|---|---|
| Revenue | 20.9B | +2% |
| Operating Income | 5.6B | +64% |
| Operating Expenses | 14.3B | -9% |
| Net Income | 4.6B | +34% |
| Professional Service | 1.1B | -11% |
| Provision | 938MM | -27% |
| Interest Expense | 10.6B | +5% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
In this piece, we will take a look at the 25 most profitable companies in the US. If you want to skip our overview of the US economy and the current business climate, you can jump ahead to the 5 Most Profitable Companies in the US. With the second quarter of 2024 with us, Wall Street […]
(Bloomberg) -- The Texas Attorney General’s staff met with municipal finance executives from Wells Fargo & Co. and RBC Capital Markets as Ken Paxton’s probe into whether the Wall Street banks “boycott” the fossil fuels industry drags on.Most Read from BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesUS and Saudis Near Defense Pact Aimed at Reshaping Middle EastThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbl
Workers at a handful of the bank’s 4,000 branches have made a splash in recent months by voting to unionize.
P97 aims to grow market share across the transportation sectors, including fuels marketing, energy transition, fleet, and convenience retail
SAN FRANCISCO, April 30, 2024--Wells Fargo & Company (NYSE: WFC) today announced its board of directors approved a quarterly common stock dividend of $0.35 per share, payable June 1, 2024, to stockholders of record on May 10, 2024.
SAN FRANCISCO, April 30, 2024--Wells Fargo & Company (NYSE: WFC) announced today that its shareholders elected as directors the 13 nominees named in the company’s proxy statement, including a new independent director: Fabian T. Garcia. Upon his election, Garcia was appointed to the Board’s Finance Committee.
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 m...
The big bank hasn't exactly been a terrible investment, but it has lagged behind its peers.
Wells Fargo and Hertz Global have been highlighted as Zacks Bull and Bear of the Day.
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.