WFC

Wells Fargo to Announce First Quarter 2024 Earnings on April 12, 2024

Retrieved on: 
Friday, April 5, 2024

Wells Fargo & Company (NYSE: WFC), as previously announced, will report its first quarter 2024 earnings results on Friday, April 12, 2024, at approximately 7:00 a.m. Eastern time.

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Wells Fargo Announces 2025 Earnings Release Date Information

Retrieved on: 
Tuesday, March 26, 2024

Wells Fargo & Company (NYSE: WFC) announced today its expected earnings release dates and conference call information for the first, second, third and fourth quarters of 2025.

Key Points: 
  • Wells Fargo & Company (NYSE: WFC) announced today its expected earnings release dates and conference call information for the first, second, third and fourth quarters of 2025.
  • For each of the earnings dates below, financial results will be released at approximately 7 a.m. Eastern time, and the live conference call will be at 10 a.m. Eastern time.
  • Confirmation of these calls, as well as details on how to listen, will be provided before the scheduled release dates.
  • View the full release here: https://www.businesswire.com/news/home/20240326802469/en/
    First Quarter 2025 – Friday, April 11, 2025
    Second Quarter 2025 – Tuesday, July 15, 2025
    Third Quarter 2025 – Wednesday, Oct. 15, 2025
    Fourth Quarter 2025 – Thursday, Jan. 15, 2026

Flexible Financing to Provide Access to Rapidly Deployable EV Charging Stations Across the U.S.

Retrieved on: 
Wednesday, February 28, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240228629001/en/
    eSkid™ charging solution, a rapidly deployable EV charging platform utilizing ChargePoint hardware and software (Photo: Wells Fargo)
    Wells Fargo has worked with EnTech Solutions to create a financing program specifically for the eSkid™ charging solution, a rapidly deployable EV charging platform utilizing ChargePoint hardware and software.
  • Installing charging infrastructure can typically be costly and timely, but with EnTech Solutions’ eSkid charging solution and Wells Fargo’s flexible, customizable loan and lease options, businesses across the U.S. can embark on an affordable sustainability journey.
  • EnTech Solutions’ eSkid charging solution is a rapidly deployable EV charging station designed to drop in place, allowing businesses to offer charging within days of installation.
  • Flexible: Charging stations are impermanent and can be relocated as a business grows and evolves, an ideal solution for companies that lease their facility.

Doug Braunstein to Join Wells Fargo as Vice Chairman

Retrieved on: 
Tuesday, February 27, 2024

Wells Fargo & Company (NYSE:WFC) today announced that Doug Braunstein will join the company as Vice Chairman, effective February 28.

Key Points: 
  • Wells Fargo & Company (NYSE:WFC) today announced that Doug Braunstein will join the company as Vice Chairman, effective February 28.
  • At Wells Fargo, Doug will work alongside our business leaders and bankers on growing the company’s corporate finance and advisory businesses, while also providing counsel to Wells Fargo senior management on broader business issues.
  • View the full release here: https://www.businesswire.com/news/home/20240227742180/en/
    Wells Fargo Bank branch located in the Wells Fargo Center (Photo: Wells Fargo)
    Braunstein joins Wells Fargo with more than 35 years of industry experience, including nearly two decades at JPMorgan Chase (JPMC), where he held several executive management roles, including Chief Financial Officer and Vice Chairman.
  • In addition, the breadth of Doug’s experience means he’ll be an effective advisor to Wells Fargo’s senior management team on business issues beyond client development.”
    Doug Braunstein said, “I am truly excited to join Wells Fargo.

Wells Fargo to Launch Autograph Journey(SM) Card Designed for Frequent Travelers

Retrieved on: 
Wednesday, March 6, 2024

SAN FRANCISCO, March 6, 2024 /PRNewswire/ -- Wells Fargo & Company (NYSE: WFC) announced today a new addition to the celebrated Autograph rewards card suite: Wells Fargo Autograph Journey℠ Visa® Card. Autograph Journey is designed for frequent travelers and complements Wells Fargo's other consumer credit cards offering customers real, transparent value no matter what they're looking for in their card. Cardholders receive accelerated earn on popular travel categories – unlimited 5x points on hotels, 4x points on airlines, 3x points on other travel and dining, and 1x points on other purchases – as well as a $50 annual statement credit for airfare purchases and industry-leading travel protection benefits.

Key Points: 
  • SAN FRANCISCO, March 6, 2024 /PRNewswire/ -- Wells Fargo & Company (NYSE: WFC) announced today a new addition to the celebrated Autograph rewards card suite: Wells Fargo Autograph Journey℠ Visa® Card.
  • Autograph Journey is designed for frequent travelers and complements Wells Fargo's other consumer credit cards offering customers real, transparent value no matter what they're looking for in their card.
  • The new $95 annual fee card is available in select Wells Fargo branches beginning March 9, and will be available nationwide online and in-branch starting March 20.
  • "Autograph Journey is Wells Fargo's best travel rewards card to date, designed to help cardholders build journeys as unique as they are by earning points wherever they book travel," said Krista Phillips, EVP, Head of Consumer Credit Cards and Enterprise Marketing at Wells Fargo.

Wells Fargo & Company Declares Cash Dividends on Preferred Stock

Retrieved on: 
Friday, February 16, 2024

Wells Fargo & Company (NYSE: WFC) today announced dividends on seven series of preferred stock.

Key Points: 
  • Wells Fargo & Company (NYSE: WFC) today announced dividends on seven series of preferred stock.
  • A quarterly cash dividend of $414.06 per share was declared on its 6.625% fixed-to-floating noncumulative perpetual class A preferred stock, Series R, liquidation preference $25,000 per share.
  • Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets.
  • News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories .

Wells Fargo to Present at the UBS Financial Services Forum

Retrieved on: 
Friday, February 16, 2024

Wells Fargo & Company (NYSE: WFC) said today that Chief Financial Officer Mike Santomassimo will present at the UBS Financial Services Forum on Monday, Feb. 26, 2024 at 8:00 a.m.

Key Points: 
  • Wells Fargo & Company (NYSE: WFC) said today that Chief Financial Officer Mike Santomassimo will present at the UBS Financial Services Forum on Monday, Feb. 26, 2024 at 8:00 a.m.
  • View the full release here: https://www.businesswire.com/news/home/20240216575225/en/
    A replay of the webcast will be available for three months following the presentation.
  • Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets.
  • News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories .

WELLS FARGO ALERT: Bragar Eagel & Squire, P.C. is Investigating Wells Fargo & Company on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

Retrieved on: 
Friday, February 16, 2024

Our investigation concerns whether the board of directors of Wells Fargo have breached their fiduciary duties to the company.

Key Points: 
  • Our investigation concerns whether the board of directors of Wells Fargo have breached their fiduciary duties to the company.
  • In addition, at least one interviewer on the hiring panel must represent a historically underrepresented group with respect to at least one diversity dimension.
  • On this news, Wells Fargo’s common stock price fell $-.44 per share, or 1.04%, over two trading sessions, closing at $41.67 per share on May 20, 2022.
  • The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and compliance policies.

Wells Fargo & Company Announces Full Redemption of its Series R Preferred Stock and Related Depositary Shares

Retrieved on: 
Tuesday, February 6, 2024

Wells Fargo & Company (NYSE: WFC) today announced that on March 15, 2024, it will redeem all 33,600 outstanding shares (the “Redeemed Series R Preferred Shares”) of its 6.625% Fixed-to-Floating Rate Non-Cumulative Perpetual Class A Preferred Stock, Series R (the “Series R Preferred Stock”).

Key Points: 
  • Wells Fargo & Company (NYSE: WFC) today announced that on March 15, 2024, it will redeem all 33,600 outstanding shares (the “Redeemed Series R Preferred Shares”) of its 6.625% Fixed-to-Floating Rate Non-Cumulative Perpetual Class A Preferred Stock, Series R (the “Series R Preferred Stock”).
  • The redemption of the Redeemed Series R Preferred Shares will trigger the redemption of the 33,600,000 outstanding shares of the related depositary shares (the “Redeemed Series R Depositary Shares”), each representing a 1/1,000 interest in a share of Series R Preferred Stock (the “Series R Depositary Shares”) (NYSE: WFC.PRR).
  • After giving effect to the redemption, no shares of the Series R Preferred Stock or the Series R Depositary Shares will remain outstanding.
  • All regulatory requirements relating to the redemption of the Redeemed Series R Preferred Shares and Redeemed Series R Depositary Shares have been satisfied by Wells Fargo & Company.

Wells Fargo & Company Announces Common Stock Dividend

Retrieved on: 
Tuesday, January 23, 2024

Wells Fargo & Company (NYSE: WFC) today announced its board of directors approved a quarterly common stock dividend of $0.35 per share, payable March 1, 2024, to stockholders of record on Feb. 2, 2024.

Key Points: 
  • Wells Fargo & Company (NYSE: WFC) today announced its board of directors approved a quarterly common stock dividend of $0.35 per share, payable March 1, 2024, to stockholders of record on Feb. 2, 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240123114927/en/
    Wells Fargo Bank branch located in the Wells Fargo Center (Photo: Wells Fargo)
    Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets.
  • Wells Fargo ranked No.
  • News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories .