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Wells Fargo & Company reported quarterly revenue of $20.38 billion, slightly below analysts' expectations of $20.58 billion, with earnings per share of $1.43, surpassing estimates. The firm announced a quarterly dividend of $0.40, yielding 2.26%, and has a payout ratio of 29.74%. Analysts maintain a "Moderate Buy" rating, with a price target averaging $74.39.
Wells Fargo & Company reported Q4 earnings of $1.43 per share, exceeding estimates of $1.34, with a net margin of 15.73% and a revenue of $20.38 billion, slightly below expectations. The firm announced a quarterly dividend of $0.40, yielding 2.26%, and has a Moderate Buy rating from analysts, with price targets ranging from $75 to $92. Institutional investors hold 75.90% of the stock, reflecting strong interest in the financial services provider.
Wells Fargo & Company recently announced a quarterly dividend of $0.40, with an ex-dividend date of February 7th. Analysts have set new price targets for the stock, with a consensus rating of "Moderate Buy" and an average target of $74.39. The company reported earnings of $1.43 per share for the last quarter, surpassing estimates, despite a slight year-over-year revenue decline.
The former head of risk and compliance at Credit Suisse has been fined CHF100,000 ($114,000) for failing to report suspicions of money laundering related to the Mozambique financing scandal. Despite being aware of suspicious activities, he did not notify the Money Laundering Reporting Office in Switzerland. The scandal involved $2 billion in loans to Mozambican state-owned companies, with significant funds being misappropriated.
Robert W. Baird upgraded Bank of America to "outperform" with a price target of $50, while Barclays raised its target to $58 with an "overweight" rating. UBS also increased its target to $53, now rating it as a "buy." Analysts generally favor the stock, with a consensus rating of "Moderate Buy" and an average price target of $48.64. Recently, Algebris UK Ltd acquired 209,681 shares, reflecting strong institutional interest. Bank of America reported a quarterly EPS of $0.82, exceeding estimates, and declared a dividend of $0.26, yielding 2.50%.
Bank of America reported Q4 earnings of $0.82 per share, exceeding estimates, with revenue of $25.30 billion, up 15% year-over-year. The firm declared a quarterly dividend of $0.26 per share, yielding 2.50%, and has a market cap of $316.37 billion. Analysts maintain a "Moderate Buy" rating with a price target averaging $48.64.
Bank of America reported a quarterly EPS of $0.82, exceeding estimates, with a revenue of $25.30 billion, up 15% year-over-year. The company announced a quarterly dividend of $0.26, yielding 2.50%, and has a Moderate Buy rating from analysts, with a consensus price target of $48.64. Institutional investors hold 70.71% of the stock, reflecting strong interest despite mixed ratings from research firms.
UBS has postponed its net-zero emissions target from 2025 to 2035, citing integration with Credit Suisse and updated regulatory guidance. The firm aims for a 57% reduction in Scope 1 and 2 emissions by 2030, increasing to 90% by 2035, while focusing on energy efficiency and renewable electricity. Additionally, UBS will reassess its Asset Management division's net-zero alignment goal, with only 3.6% of its assets currently covered under this ambition.
UBS has maintained a "Neutral" rating for Eni, setting a target price of 14 euros. Analyst Joshua Stone noted that the oil company's decision to sell project shares in Ivory Coast and Congo is a positive development, leading to a slight reduction in its leverage ratio.
HSBC upgraded Bank of America to a "buy" rating with a $50 target price, while Baird R W raised it to "strong-buy." UBS increased its target from $43 to $53, contributing to a consensus "Moderate Buy" rating with an average target of $48.64. Institutional investors hold 70.71% of the stock, which recently traded at $41.61, with a market cap of $316.37 billion. The company reported a quarterly EPS of $0.82, exceeding estimates, and announced a $0.26 dividend.
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wells fargo reports quarterly revenue decline and announces dividend payout
12:13 19.03.2025
wells fargo reports strong earnings and announces quarterly dividend increase
12:12 19.03.2025
wells fargo announces dividend and analysts raise price targets
12:06 19.03.2025
former credit suisse manager fined for failing to report money laundering
12:00 19.03.2025
bank of america receives multiple upgrades and maintains moderate buy rating
11:53 19.03.2025
bank of america reports strong earnings and announces quarterly dividend
11:45 19.03.2025
bank of america reports strong earnings and announces quarterly dividend
11:45 19.03.2025
ubs postpones net-zero target to 2035 amid credit suisse integration challenges
11:41 19.03.2025
ubs maintains neutral rating for eni with target price of 14 euros
11:40 19.03.2025
bank of america receives multiple upgrades and maintains moderate buy rating
11:38 19.03.2025
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