WFC Wells Fargo & Company

Wells Fargo Bank Decreases Prime Rate to 7.50 Percent

SAN FRANCISCO--(BUSINESS WIRE)--

Wells Fargo Bank, N.A., said today it is decreasing its prime rate to 7.50 percent from 7.75 percent, effective tomorrow, Dec. 19, 2024.

This press release features multimedia. View the full release here:

Facade of a Wells Fargo bank branch in Manhattan (Photo: Wells Fargo)

Facade of a Wells Fargo bank branch in Manhattan (Photo: Wells Fargo)

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 34 on Fortune’s 2024 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy. News, insights, and perspectives from Wells Fargo are also available at .

Additional information may be found at

LinkedIn:

News Release Category: WF-CF

EN
18/12/2024

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Reports on Wells Fargo & Company

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WFC Wells Fargo & C...

Wells Fargo Bank Decreases Prime Rate to 7.50 Percent

SAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo Bank, N.A., said today it is decreasing its prime rate to 7.50 percent from 7.75 percent, effective tomorrow, Dec. 19, 2024. This press release features multimedia. View the full release here: Facade of a Wells Fargo bank branch in Manhattan (Photo: Wells Fargo) About Wells Fargo Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four ...

December 18, 2024 1 EN
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Our credit view of this issuer reflects its large, diversified banking franchise supported by solid asset quality, capitalization and funding, mitigating remaining regulatory issues.

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Wells Fargo to Present at the Goldman Sachs Financial Services Confere...

SAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo & Company (NYSE: WFC) said today that Chief Executive Officer Charlie Scharf will present at the Goldman Sachs Financial Services Conference on Wednesday, Dec. 11, 2024 at 8:40 a.m. ET. This press release features multimedia. View the full release here: Wells Fargo Bank branch located in the Wells Fargo Center (Photo: Wells Fargo) The live webcast will be available online at . A replay of the webcast will be available for three months following the presentation. About Wells Fargo Wells Fargo & Company (NYSE: WFC) is a leading financial servic...

December 4, 2024 1 EN
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Wells Fargo & Company Declares Cash Dividends on Preferred Stock

SAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo & Company (NYSE: WFC) today announced dividends on six series of preferred stock. This press release features multimedia. View the full release here: Wells Fargo Bank branch located in the Wells Fargo Center (Photo: Wells Fargo) A quarterly cash dividend of $18.75 per share was declared on its 7.50% noncumulative perpetual convertible class A preferred stock, Series L, liquidation preference $1,000 per share, which is traded on the New York Stock Exchange under the symbol “WFCPrL”. The Series L dividend is payable on Dec. 16, 2024, to holders of re...

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