$81.61
+2.91 (+3.70%)
At Close: Jun 04, 2026
Wells Fargo to scale back housing business, Vitamin Shoppe-owner considers going private
05:52pm, Tuesday, 10'th Jan 2023
Wells Fargo has stated that it will be pulling back on its real estate offering operations while Franchise Group, the parent company of Vitamin Shoppe, is reportedly considering taking its company pri
Wells Fargo Is Shrinking Its Mortgage Business
05:40pm, Tuesday, 10'th Jan 2023
Once the nation's biggest mortgage lender, the bank will lend primarily to existing customers and minority borrowers.
Wells Fargo to significantly step back from housing market
05:24pm, Tuesday, 10'th Jan 2023
CNBC's Hugh Son joins 'Closing Bell: Overtime' to report that Wells Fargo has decided to take a significant step back from the mortgage market.
Wells Fargo, once a mortgage giant, shrinks home-lending business
04:51pm, Tuesday, 10'th Jan 2023
Wells Fargo said late Tuesday it was shrinking its home-mortgage business, aiming to serve its own bank customers as well as people in “minority communities.”
Wells Fargo, once the No. 1 player in mortgages, is stepping back from the housing market
04:23pm, Tuesday, 10'th Jan 2023
It's the latest, and perhaps most significant, strategic shift that CEO Charlie Scharf has undertaken since joining Wells Fargo in late 2019.
Benzinga's Top Ratings Upgrades, Downgrades For January 10, 2023
03:01pm, Tuesday, 10'th Jan 2023 Benzinga
Upgrades
Morgan Stanley upgraded the previous rating for Stem Inc (NYSE:STEM) from Equal-Weight to Overweight. In the third quarter, Stem showed an EPS of $0.22, compared to $0.15 from the year-ago qu
US banks get ready for shrinking profits and recession
02:35pm, Tuesday, 10'th Jan 2023
Rising prices and higher borrowing costs have led consumers and businesses to curb spending, and since banks serve as economic middlemen, their profits decline when activity slows.
NII to Support Wells Fargo (WFC) Q4 Earnings, Mortgage to Hurt
02:06pm, Tuesday, 10'th Jan 2023 Zacks Investment Research
Higher interest rates and decent loan demand are expected to have aided Wells Fargo's (WFC) Q4 earnings amid dismal mortgage business and higher provisions.
How Much Will Bank Stocks Move On Earnings? Draw Estimates With Option Prices
09:43am, Tuesday, 10'th Jan 2023
Bank stocks are expected to move between 3.80% and 5.90% over this week's earnings announcements. Here's what the option market is saying.
Bank of America Stock Actually Gained 6.4% in the Second Half of 2022. Is the Worst Over?
07:42pm, Monday, 09'th Jan 2023 The Motley Fool
The nation's second largest bank bucked the downward trend in the latter half of 2022.
How Will Bank ETFs Perform in Light of Q4 Earnings?
07:16pm, Monday, 09'th Jan 2023 Zacks Investment Research
Big banks will start releasing their quarterly numbers this week.
How Will Bank ETFs Perform in Light of Q4 Earnings?
03:48pm, Monday, 09'th Jan 2023
Big banks will start releasing their quarterly numbers this week.
Q4 2022 Earnings Season in Focus
03:45pm, Monday, 09'th Jan 2023 Zacks Investment Research
Q4 2022 Earnings Season in Focus.
Wells Fargo has fired a VP accused of urinating on a fellow passenger aboard a flight to New Delhi
03:19pm, Monday, 09'th Jan 2023 MarketWatch
Wells Fargo labels the reported incident "deeply disturbing."
Pre-Markets Continue Higher; CPI, Big Banks on Deck
03:18pm, Monday, 09'th Jan 2023 Zacks Investment Research
What this week lacks in overall volume of news events it is expected to make up in impact.
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