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wells fargo reports earnings dividend announcement and analyst ratings updates
Wells Fargo & Company reported a return on equity of 12.38% and a net margin of 15.73%, with quarterly revenue of $20.38 billion, slightly below expectations. The firm declared a quarterly dividend of $0.40 per share, yielding 2.26%, and has a dividend payout ratio of 29.74%. Analysts predict an EPS of 5.89 for the current fiscal year, while the stock has a "Moderate Buy" rating with an average price target of $74.97.
bank of america reports strong earnings and announces quarterly dividend
Bank of America (NYSE:BAC) reported Q4 earnings of $0.82 per share, surpassing estimates, with a revenue of $25.30 billion, up 15% year-over-year. The company declared a quarterly dividend of $0.26, yielding 2.52%, and has a debt-to-equity ratio of 1.04. Analysts maintain a "Moderate Buy" rating with a consensus target price of $48.45.
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