reports
Wells Fargo Confirms Termination of 2021 OCC Loss Mitigation Consent O...
SAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo & Company (NYSE: WFC) today confirmed that the Office of the Comptroller of the Currency (OCC) terminated its 2021 consent order related to loss mitigation practices in the company’s Home Lending business. This is the eleventh consent order closed by Wells Fargo’s regulators since 2019. This press release features multimedia. View the full release here: Facade of a Wells Fargo bank branch in Manhattan (Photo: Wells Fargo) Charlie Scharf, Wells Fargo’s CEO, said of today’s news: “We are pleased that the OCC has again validated our work and terminate...
Moody's Ratings withdraws Wells Fargo's master servicer assessment
Moody's Ratings (Moody's) has withdrawn the servicer quality assessment for Wells Fargo Bank, N.A. ("Wells Fargo") of SQ1 as a master servicer of residential mortgage loans. ASSESSMENT RATIONALE The master servicer assessment is being withdrawn due to the acquisition of Wells Fargo's Corporate T...
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: Exterior of a Wells Fargo bank. (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 March 17, 2025, to holders of record as of the close of b...
Wells Fargo Confirms Termination of 2018 OCC Compliance Consent Order
SAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo & Company (NYSE: WFC) today confirmed that the Office of the Comptroller of the Currency (OCC) terminated its 2018 consent order related to the company’s compliance risk management program. This is the tenth consent order closed by Wells Fargo’s regulators since 2019. This press release features multimedia. View the full release here: Facade of a Wells Fargo bank branch in Manhattan (Photo: Wells Fargo) Charlie Scharf, Wells Fargo’s CEO, said of today’s news: “We are pleased that the OCC has validated the work required in the 2018 compliance cons...
Wells Fargo Confirms Termination of Two Longstanding Federal Reserve C...
SAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo & Company (NYSE: WFC) today confirmed that the Federal Reserve Board of Governors terminated two longstanding consent orders: a 2011 consent order regarding the company’s legacy mortgage servicing activities and a 2011 consent order regarding its legacy Wells Fargo Financial business. Wells Fargo’s regulators have now closed nine consent orders since 2019. This press release features multimedia. View the full release here: Wells Fargo Bank branch located in the Wells Fargo Center (Photo: Wells Fargo) Charlie Scharf, Wells Fargo’s CEO since 2019, sa...
Wells Fargo to Present at the UBS Financial Services Conference
SAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo & Company (NYSE: WFC) said today that Chief Financial Officer Mike Santomassimo will present at the UBS Financial Services Conference on Tuesday, Feb. 11, 2025 at 8:50 a.m. ET. This press release features multimedia. View the full release here: Facade of a Wells Fargo bank branch in Manhattan (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 services company that ha...
Wells Fargo Survey: Commercial Business Sentiment Reaches its Highest ...
SAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo today released its in collaboration with Barlow Research Associates. Following the 2024 presidential election, survey results found that commercial business sentiment had not only improved when compared to Q3 2024, but reached the highest sentiment index score, 112.9, recorded in the past four years (up from 102.3 in Q3 2024). Between November 15 – November 22, 2024, 307 commercial companies with annual revenues ranging from $10 million to $500 million were surveyed about the state of their businesses, the economy, growth opportunities, and areas o...
- Jay Kornreich
- Richard Anderson
Jon Weiss, Co-CEO of Corporate & Investment Banking, to Retire from We...
SAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo & Company (NYSE: WFC) announced today that Jon Weiss, Co-CEO of Corporate & Investment Banking (CIB), has informed the company of his intention to retire. Weiss, who has been with Wells Fargo for nearly 20 years, will step down as Co-CEO effective immediately and will formally retire on June 1, 2025. Fernando Rivas, who joined Wells Fargo in May 2024 as Co-CEO of CIB, will become CIB’s sole CEO. “Jon has a long and distinguished track record of success in financial services, and he has made a lasting impact on Wells Fargo,” said Charlie Scharf, We...
- Wedbush Research
WFC WELLS FARGO & COMPANY
WDC WESTERN DIGITAL CORPORATION
TSLA TESLA INC
SIMON SILICON MOTION TECHNOLOGY CORPORATION SPONSORED ADR
PSTG PURE STORAGE INC. CLASS A
NVDA NVIDIA CORPORATION
NTAP NETAPP INC.
MU MICRON TECHNOLOGY INC.
MTH MERITAGE HOMES CORPORATION
MNRO MONRO INC
INTC INTEL CORPORATION
GOOGL ALPHABET INC. CLASS A
FB FACEBOOK INC. CLASS A
EAT BRINKER INTERNATIONAL INC.
CCS CENTURY COMMUNITIES INC.
2330 TAIWAN SEMICONDUCTOR MANUFACTURING CO. LTD.
2303 UNITED MICROELECTRONICS CORP.
AMD ADVANCED MICRO DEVICES INC.
AAPL APPLE INC.
MSFT MICROSOFT CORPORATION
DELL DELL TECHNOLOGIES INC CLASS C
TVTX TRAVERE THERAPEUTICS INC
MRVL MARVELL TECHNOLOGY INC
STX SEAGATE TECHNOLOGY HLDGS PLC
GFS GLOBALFOUNDRIES INC
PEPG PEPGEN INC
SMCI-US SUPER MICRO COMPUTER
INC.
- Jay Kornreich
- Richard Anderson
Wells Fargo & Company Announces Common Stock Dividend
SAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo & Company (NYSE: WFC) today announced its board of directors approved a quarterly common stock dividend of $0.40 per share, payable March 1, 2025, to stockholders of record on Feb. 7, 2025. This press release features multimedia. View the full release here: Exterior of a Wells Fargo bank. (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 co...
Wells Fargo’s 2022 CFPB Consent Order Terminates
SAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo & Company (NYSE: WFC) today announced that its 2022 consent order with the Consumer Financial Protection Bureau related to automobile lending, consumer deposit accounts, and mortgage lending has terminated. This is the seventh consent order closed by Wells Fargo’s regulators since 2019. 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 trilli...
Wells Fargo Names Ed Olebe as Head of Cards and Merchant Services
SAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo & Company (NYSE: WFC) announced today that Ed Olebe has been named the company’s new head of Cards and Merchant Services, effective immediately. Olebe joins Wells Fargo from JPMorgan Chase, where he served as president of Branded Cards. This press release features multimedia. View the full release here: Wells Fargo building (Photo: Wells Fargo) “Ed’s industry expertise and deep experience will be invaluable to Wells Fargo as we continue to grow our credit card business and expand our payment capabilities across Merchant Services,” said Kleber Santo...
Wells Fargo Reports Fourth Quarter 2024 Financial Results
SAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo & Company (NYSE: WFC) has released its fourth quarter 2024 financial results. The financial results are available online at and on a Form 8-K filed by the company with the Securities and Exchange Commission (SEC) on Jan. 15, 2025, and available on the SEC’s website at . This press release features multimedia. View the full release here: Wells Fargo Bank branch located in the Wells Fargo Center (Photo: Wells Fargo) Conference call The company will host a live conference call on Wednesday, Jan. 15, at 10:00 a.m. Eastern time. You may listen to the...
Wells Fargo to Announce Fourth Quarter 2024 Earnings on Jan. 15, 2025
SAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo & Company (NYSE: WFC), as previously announced, will report its fourth quarter 2024 earnings results on Wednesday, Jan. 15, 2025, at approximately 7:00 a.m. Eastern time. The results will be available online at . In addition to being available on the company’s Investor Relations website, the earnings results also will be available on the Securities and Exchange Commission website at . This press release features multimedia. View the full release here: Facade of a Wells Fargo bank branch in Manhattan (Photo: Wells Fargo) The company will host a live...
- Wedbush Research
DEI DOUGLAS EMMETT INC
WFC WELLS FARGO & COMPANY
WDC WESTERN DIGITAL CORPORATION
UMH UMH PROPERTIES INC.
UDR UDR INC.
TRNO TERRENO REALTY CORPORATION
STAG STAG INDUSTRIAL INC.
SIMON SILICON MOTION TECHNOLOGY CORPORATION SPONSORED ADR
SBRA SABRA HEALTH CARE REIT INC.
RHP RYMAN HOSPITALITY PROPERTIES INC.
REXR REXFORD INDUSTRIAL REALTY INC.
PEGA PEGASYSTEMS INC.
PEB PEBBLEBROOK HOTEL TRUST
OHI OMEGA HEALTHCARE INVESTORS INC.
OFC CORPORATE OFFICE PROPERTIES TRUST
O REALTY INCOME CORPORATION
NRZ NEW RESIDENTIAL INVESTMENT CORP.
NHI NATIONAL HEALTH INVESTORS INC.
MAA MID-AMERICA APARTMENT COMMUNITIES INC.
LTC LTC PROPERTIES INC.
IMAX IMAX CORPORATION
GOOGL ALPHABET INC. CLASS A
GLPI GAMING AND LEISURE PROPERTIES INC.
GERN GERON CORP.
FR FIRST INDUSTRIAL REALTY TRUST INC.
ESS ESSEX PROPERTY TRUST INC.
EQR EQUITY RESIDENTIAL
EGP EASTGROUP PROPERTIES INC.
CTRE CARETRUST REIT INC
CRM SALESFORCE.COM INC.
CPT CAMDEN PROPERTY TRUST
CHKP CHECK POINT SOFTWARE TECHNOLOGIES LTD.
CAKE CHEESECAKE FACTORY INCORPORATED
BXP BOSTON PROPERTIES INC.
AVB AVALONBAY COMMUNITIES INC.
APLE APPLE HOSPITALITY REIT INC
HST HOST HOTELS & RESORTS INC.
CMA COMERICA INCORPORATED
PK PARK HOTELS & RESORTS INC.
PLYM PLYMOUTH INDUSTRIAL REIT INC.
VTR VENTAS INC.
VICI VICI PROPERTIES INC
MDB MONGODB INC. CLASS A
AMZN AMAZON.COM INC.
AAPL APPLE INC.
MSFT MICROSOFT CORPORATION
EPRT ESSENTIAL PROPERTIES REALTY TRUST
SAFE SAFEHOLD INC.
PEAK HEALTHPEAK PROPERTIES INC.
PLTR PALANTIR TECHNOLOGIES
WOOF PETCO HEALTH AND WELLNESS
AIRC APARTMENT INCOME REIT
CSR CENTERSPACE
SNOW SNOWFLAKE INC. CLASS A
RBLX ROBLOX
NTST NETSTREIT CORP
HR HEALTHCARE TRUST OF AMERICA INC.
EWTX EDGEWISE THERAPEUTICS INC
BNL BROADSTONE NET LEASE INC
WAL-US WESTERN ALLIANCE BANCORPORATION
ESTC-US ELASTIC INC.
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 ...
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