J.P. Morgan analysts on Monday said Wells Fargo & Co.'s 17% dividend hike outpaced other banks in a flurry of dividend updates from the U.S.'s largest banks, but it was still less than expected.
Raymond James analyst David Long on Monday raised Wells Fargo & Co.'s WFC, +0.54% target price by $51 a share from $48 a share and reiterated a strong buy rating on the megabank. “We remain bullish
Major U.S. banks including Morgan Stanley and JP Morgan Chase & Co. announced dividend increases late Friday, following the Federal Reserve's stress tests earlier this week.
U.S. banks including JPMorgan Chase & Co and Wells Fargo & Co hiked their dividends on Friday after sailing through the Federal Reserve's annual health check, which showed they have enough capital to
Wells Fargo raised its dividend after clearing the Federal Reserve's annual stress test.

Why Dividend Investors Must Watch Bank Stocks Now

02:39pm, Thursday, 29'th Jun 2023
Markets were mixed, with tech taking a back seat on Thursday. Bank stress tests from the Federal Reserve were generally favorable.
Shares of major bank names are making moves today, after the Federal Reserve said all 23 of the biggest banks in the U.S. included in its annual stress test weathered a severe recession scenario.
Christopher Marinac, Janney Montgomery Scott director of research, joins 'Fast Money' to discuss the results of the Federal Reserve's banking stress test and what that means for bank stocks moving for
Charles Lieberman, Advisors Capital Management CIO and Bruce Harting, Wedbush managing director, join 'Closing Bell Overtime' to discuss the banking sector, the latest banking data from the Federal Re
Among the top performers were Charles Schwab Corp. and Deutsche Bank's U.S. operations, while regional lenders Citizens Financial Corp. and US Bancorp were the laggards of the pack.
(Kitco News) - All 23 of the U.S. biggest banks are well positioned to weather a severe recession scenario and continue to provide lending to households and businesses, the Federal Reserve said in its

Fed Stress Test Results Show All 23 Banks Passed

05:16pm, Wednesday, 28'th Jun 2023
The 23 largest US banks passed the Federal Reserve's annual stress test, clearing the way for payouts. Sonali Basak has more on "Bloomberg Markets: The Close.
The Federal Reserve is set to release the results from its annual bank stress test on Wednesday after US markets close. The tests, born out of the Great Recession, are undertaken in order to determine

Wells Fargo: A Top Tier Bank Trading At 0.95x BV

04:27am, Wednesday, 28'th Jun 2023
Despite a declining average deposit balance trend, Wells Fargo's status as a systemically-important bank means it is unlikely to fail. While Wells Fargo has seen cash sorting behavior, the bank has a
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