Wells Fargo Co Stock Price, News & Analysis

Wells Fargo (NYSE: WFC) has announced positive developments following the completion of its 2025 Comprehensive Capital Analysis and Review (CCAR) stress test. The Federal Reserve Board's calculations indicate that the company's stress capital buffer (SCB) is expected to decrease from 3.8% to the minimum of 2.5%.

Additionally, the company plans to increase its quarterly dividend by 12.5% to $0.45 per share from $0.40, subject to Board approval in July. The FRB has also revised Wells Fargo's 2024 SCB to 3.7% from 3.8% due to corrections in loss projections. The company maintains capacity for continued common stock repurchases, which will be evaluated based on market conditions, regulatory requirements, and risk factors.

Wells Fargo (WFC) has partnered with i2i Logic to enhance its commercial banking services through the implementation of the i2i Logic Client Intelligence Platform. The collaboration introduces Wells Fargo Benchmark Intelligence©, a system that combines the bank's industry expertise with public data to generate thousands of unique benchmarks. This technology will help deliver personalized digital services to middle-market banking customers by analyzing corporate and market data to provide tailored financial solutions including cash management, working capital, long-term capital, and market risk products. The platform aims to improve banker efficiency while helping clients better understand their banking needs for scalable growth.

Wells Fargo Investment Institute released its 2025 Midyear Outlook report, highlighting economic forecasts and investment opportunities amid market volatility. The report projects U.S. GDP growth of 1.0% for 2025 and 1.8% for 2026, with inflation targets of 3.5% and 2.6% respectively. WFII expects the S&P 500 to reach 5,900-6,100 by end-2025 and 6,400-6,600 in 2026. The Federal funds rate is targeted at 4.00-4.25% for 2025 and 3.75-4.00% for 2026. Key portfolio recommendations include focusing on quality assets, generating income, selective AI exposure, and international diversification. Despite recent policy changes, WFII believes the U.S. and international economies will avoid recession, with global equity prices expected to rise through 2026.

Wells Fargo (WFC) announced that the Federal Reserve has lifted the asset growth restrictions imposed by its 2018 consent order after meeting all required conditions, marking a significant transformation milestone. The company completed extensive improvements in board effectiveness, compliance, and operational risk programs, verified through third-party independent reviews. CEO Charlie Scharf emphasized the company's transformation, highlighting changes in business mix, management, and corporate culture. As recognition of this achievement, Wells Fargo will award all full-time employees a special $2,000 bonus, primarily in restricted stock grants. Board Chair Steven D. Black commended the board's efforts and Scharf's leadership since 2019 in transforming the company through various challenges including the pandemic and regulatory hurdles.

Wells Fargo (NYSE: WFC) announced that CFO Mike Santomassimo will present at the Morgan Stanley U.S. Financials Conference on June 10, 2025, at 9:00 a.m. ET. The presentation will be accessible via live webcast on Wells Fargo's investor relations website, with a replay available for three months after the event. This appearance at a major financial conference provides an opportunity for investors to gain insights into Wells Fargo's financial strategy and performance directly from its Chief Financial Officer.

Wells Fargo & Company announced the full redemption of capital securities issued by CoreStates Capital II and CoreStates Capital III, scheduled for June 30, 2025. The Bank will redeem Floating Rate Subordinated Capital Income Securities worth $150 million from CoreStates Capital II and Floating Rate Capital Trust Pass-through Securities worth $300 million from CoreStates Capital III. The redemption price will be 100% of the principal amount ($1,000 per security) plus any accumulated and unpaid distributions up to the redemption date.

Wells Fargo (NYSE: WFC) has announced a definitive agreement to sell its rail equipment leasing business assets to a joint venture between GATX Corporation and Brookfield Infrastructure. The transaction includes Wells Fargo's entire rail operating lease assets portfolio, with a book value of approximately $4.4 billion, along with the rail finance lease portfolio.

The deal is expected to close in Q1 2026 or earlier, subject to customary closing conditions. According to the company, this move aligns with Wells Fargo's strategy of simplifying its businesses and focusing on core client services. The sale is not anticipated to materially impact Wells Fargo's financial position or earnings.

Wells Fargo (NYSE: WFC) has announced the termination of the Office of the Comptroller of the Currency's (OCC) 2015 agreements related to the company's previous financial subsidiaries. This marks a significant milestone in the bank's regulatory compliance journey, representing the thirteenth consent order closed by Wells Fargo's regulators since 2019 and the seventh since the start of the year. The bank now has only one remaining consent order - the 2018 agreement with the Federal Reserve Board.

Wells Fargo (NYSE: WFC) has announced that CEO Charlie Scharf will deliver a presentation at the upcoming Bernstein Strategic Decisions Conference on May 28, 2025 at 8:00 a.m. ET. The presentation will be accessible via live webcast on Wells Fargo's investor relations website, with a replay available for three months after the event.