12 01, 2024

Wells Fargo is Falling After Provisioning Higher Loan Losses, But the Stock is Still a Buy: 3 Reasons Why

By |2024-01-12T17:21:55+00:00January 12th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , |

Wells Fargo (WFC) reported 4th quarter results this Friday morning that sent the share price slightly lower, as there is concern regarding a big jump in credit loss provisions.  The California-based bank bolstered its reserves by 34%, specifically increasing the allowances for credit losses in credit card and commercial real estate loans. This was [...]

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26 07, 2023

Is Wells Fargo a Buy After Raising Dividends & Announcing $30B Stock Repurchase Program?

By |2023-12-07T20:45:47+00:00July 26th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , |

On Tuesday after the market closed, Wells Fargo & Company (WFC) released a statement that its board of directors approved an increase to the quarterly common stock dividend - much to the delight of investors. The company was already paying a quarterly dividend of $0.30, but the company has raised that up to $0.35 [...]

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