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Investing.com -- Wells Fargo CFO Mike Santomassimo said Tuesday that the bank’s loan growth will likely surpass its full-year 2026 guidance. He made the remarks while speaking at the Barclays Global Financial Services Conference.
Wells Fargo lowers its price target on Carnival but still sees nearly a 60% upside.
Wells Fargo (WFC) closed at $88.71 in the latest trading session, marking a -1.75% move from the prior day.
On Sept. 14, 2026, CEO Brian Moynihan flagged weaker trading performance and softer dealmaking fees, keeping investors focused on capital-markets sensitivity.
Can C's transformation, cost cuts and capital returns drive further upside despite its 29.3% six-month rally? Let us find out.
Bank ETFs are in focus as rising inflation lifts Fed rate hike odds, creating potential tailwinds and risks for the banking sector.
Charles Schwab is raising the minimum account balance for a tax-smart strategy favored by investment advisors who use Schwab’s trading platform. Starting Sept. 16, investors who want to take advantage of Schwab’s long/short separately managed accounts will need minimum balances of $10 million, up from the current minimum of $1 million. Schwab says the change will affect only new accounts, not existing ones.
Everybody on Wall Street knows everything there is to know about popular mega-cap stocks, right? Matt Fruhan, a top fund manager of Fidelity Mega Cap Stock Fund, disagrees.
Wall Street remained split after RH’s Q2 earnings, with Wells Fargo backing its second-half growth drivers while UBS and BofA questioned growth estimates, according to TheFly.
Wells Fargo raises price target on Synopsys stock to $475. Here’s what made analyst Joe Quatrochi upgrade SNPS shares today.
USB raises quarterly dividend by 3.8%, marking its sixth hike in five years. With a 10.8% CET1 ratio and $3.9B left for buybacks, is there room for more?
Citigroup reportedly plans to bring tokenized deposit services to Japan by the end of 2026, extending its 24/7 cross-border payments strategy.
Another 319 million shares can trade, with more coming Thursday.
Merrill Lynch has recruited three financial advisor practices away from rivals in the wealth management space. The advisors, who joined Merrill from Morgan Stanley Truist, and Wells Fargo oversaw more than $1.7 billion at their former firms. The largest of Merrill’s recent recruits is the Aliaskari Group in the affluent Washington suburb of McLean, Va. The team, which serves high- and ultrahigh-net-worth clients, includes Mahrak Aliaskari, a Certified Financial Planner and 23-year industry veteran.
TPG just bought into the exact Optum clinics that derailed UnitedHealth's profits, and management is hours away from reaffirming guidance that could either validate the deal or reopen a wound investors hoped was healing.
The latest trading day saw Wells Fargo (WFC) settling at $87.96, representing a -2.23% change from its previous close.
Weakness in preferred shares from Bank of America, Wells Fargo, and other major banks suggests investors expect interest rates to remain elevated.
Wells Fargo stock has delivered a strong 137.3% return over the past 3 years, yet several valuation checks still suggest the shares may trade below an internally estimated intrinsic value. With both the Excess Returns model and market multiples pointing in the same direction, the current price invites closer scrutiny of what investors are paying for the bank’s progress and plans. The 137.3% gain over 3 years signals that Wells Fargo has already rewarded patient shareholders, so any perceived...
NTRS' NII rises 11% y/y in Q2, with lower funding costs and balance-sheet trends supporting momentum as management lifts 2026 growth guidance.
On September 1, shareholders of three companies spanning oil refining, retail, and banking all received dividend checks on the same day, but two of those checks arrived at a rate investors had never seen before.
U.S. added 162,000 jobs in August, while wage growth continued to lag inflation
One year after $300M deal, referrals through Robinhood that put younger investors in the pipeline and an ongoing clearing relationship with Wells Fargo reflect how TradePMR is a growing rival to the giants of the custody channel.
C ramps up buybacks and dividends as excess capital, stronger earnings and business simplification support aggressive returns.
Investing.com -- Goldman Sachs believes the largest U.S. banks are likely to moderate capital deployment as regulatory buffers rise for a third consecutive year and excess capital levels shrink.
The institutions that crypto was built to destroy are now racing to control its most important financial primitive. What happens to the rebellion when the banks become the infrastructure?
A global bond selloff pushed the 10-year Treasury yield to 4.79% this afternoon, above its prior 52-week high of 4.75% set on July 31. Rising long rates typically help banks, yet the money-center group is soft, and so is the sector fund. Notably, the Financial Select Sector SPDR ETF (NYSEARCA:XLF) was is 5% year to […]
Dell stock is sliding into earnings despite a setup that looks unusually bullish on paper, and the gap between those two things tells a specific story about what traders actually need to see tonight.
The S&P 500 (^GSPC) is often seen as a benchmark for strong businesses, but that doesn’t mean every stock is worth owning. Some companies face significant challenges, whether it’s stagnating growth, heavy debt, or disruptive new competitors.
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