Wells Fargo Co Stock Price, News & Analysis

Wells Fargo (NYSE: WFC) has declared quarterly cash dividends on six series of its preferred stock. The dividends will be paid on September 15, 2025, to stockholders of record as of August 29, 2025.

The declared dividends include: Series L at $18.75 per share (7.50% rate), Series Y at $351.56 per share (5.625% rate), Series Z at $296.88 per share (4.75% rate), Series AA at $293.75 per share (4.70% rate), Series CC at $273.44 per share (4.375% rate), and Series DD at $265.63 per share (4.25% rate).

iHeartMedia (NASDAQ:IHRT) hosted its eleventh annual Z100 Summer Bash, a free concert event presented by Wells Fargo at Public Square & Gardens at Hudson Yards in New York City on August 7, 2025. The event featured performances from notable artists including Lewis Capaldi, Julia Michaels, Dom Innarella, Magnus Ferrell, and Deleasa.

The event was hosted by Z100's on-air personalities, including Elvis Duran and the Z100 Morning Show team. The concert included sponsor activations with interactive booths and exclusive giveaways. Lewis Capaldi made his return to the stage after a two-year hiatus, performing his hits and debuting his new single "Survive" live for the first time.

Wells Fargo (NYSE:WFC) has announced a strategic collaboration with the National Center for the Middle Market (NCMM) at The Ohio State University. The partnership aims to enhance understanding of middle market companies, which generate over $10 trillion in annual revenue and represent one-third of U.S. employment and GDP.

The collaboration will contribute to NCMM's research reports, including their Middle Market Indicator (MMI). The latest MMI report reveals that while revenue growth remains strong, it's at its lowest since the pandemic, with decreased hiring needs and lower economic confidence. Key challenges identified include inflation, economic uncertainty, and trade policy impacts.

Wells Fargo (NYSE: WFC) has announced its Board of Directors' intention to appoint CEO Charlie Scharf as Chairman of the Board, with plans to name a Lead Independent Director to maintain independent oversight. The Board has also granted Scharf a significant one-time special equity award worth $30 million in Restricted Share Rights and 1,046,000 Stock Options.

The equity award recognizes Scharf's leadership in transforming Wells Fargo, including strengthening risk controls, improving reputation, achieving regulatory milestones, and delivering strong financial performance. The award will vest over the fourth, fifth, and sixth anniversaries of the grant date, aligning with long-term shareholder value creation.

Wells Fargo (NYSE:WFC) has announced a significant increase in its quarterly dividend payment. The company's board of directors has approved a quarterly common stock dividend of $0.45 per share, representing a 12.5% increase ($0.05 per share) from the previous quarter. The dividend will be paid on September 1, 2025, to stockholders of record as of August 8, 2025.

Wells Fargo's (NYSE:WFC) Overland Advantage, a business development company leveraging a strategic partnership between Centerbridge Partners and Wells Fargo, has demonstrated significant growth in providing custom financing solutions. Year-to-date, Overland has financed nine new transactions worth $2.0 billion, bringing their total deal value to $4.8 billion across 16 transactions since Q2 2024.

The company has independently structured and led approximately 95% of its credit facilities. Notable transactions include financing for Hand Family Companies, Jones Industrial Holdings, Southern Crown Partners, Sunset Distributing, USG Water, and various other regional businesses across different sectors.

Wells Fargo (NYSE:WFC) has significantly expanded its Commercial Banking Healthcare team by over 30% since early 2025, with additional hiring planned for the second half of the year. The expansion focuses on providing specialized banking services to middle market companies across Healthcare Services, MedTech, and BioPharma sectors.

The bank has added healthcare industry relationship managers in key markets including Chicago, Florida, Mid-Atlantic, Nashville, Northern Texas, and Southern California. Additionally, Eric Pashley joined the Equipment Finance team as Specialty Lending market leader, focusing on healthcare equipment financing.

This represents Commercial Banking's largest talent investment in the Healthcare Banking group to date, reflecting Wells Fargo's commitment to supporting healthcare businesses with specialized expertise and services.

Wells Fargo (NYSE: WFC) announced the release of its second quarter 2025 financial results. The detailed financial information is available on the company's investor relations website and through an SEC Form 8-K filing.

The company has scheduled a live conference call on July 15, 2025, at 10:00 a.m. Eastern time to discuss the results. Investors can access the call through various channels including phone dial-in and online webcast. A replay will be available until July 29 through both phone and web platforms.

Wells Fargo (NYSE:WFC) has appointed Tim Ruby as division executive for the Healthcare, Higher Education, and Not-for-Profit division (HHN). Based in Chicago, Ruby will report to Phil Smith, vice chair of Specialized Industries within Commercial Banking.

Ruby, who succeeds retiring Bill Morgan, joins from Bank of America where he served as market executive for the Midwest Healthcare, Education, and Non-Profit division. He brings over three decades of experience, including 20+ years in the healthcare, higher education, and nonprofit sector from his previous roles at J.P. Morgan Chase.

In his new role, Ruby will manage relationships with HHN clients nationwide, including nonprofit hospitals, insurers, educational institutions, and various nonprofit organizations.