WFC
Wells Fargo & Company
September 22, 2026 · market open
- Rarity
- 1.52
- Peak move
- −4.29%
- Float cap
- $267.2B
The company provides a diversified set of banking, investment, and mortgage products and services, plus consumer and commercial finance, to individuals, businesses, and institutions primarily in the U.S. and internationally. It offers checking and savings accounts, credit and debit cards, lending, wealth management, brokerage, treasury management, and capital markets services.
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What we found
13 events · 0 from SEC or newswire · 0 timed with the movedebt_financingWells Fargo & Company issued $2.5 billion of senior notes due 2030 and $3.5 billion due 2037 in a September 17, 2026 offering sold at 100% of par.
macro_dataBank shares fell after the Federal Reserve's rate hike, with Wells Fargo dropping about 3%.
layoff_restructuringWells Fargo filed WARN notices cutting 22 jobs effective September 19, 2026, including 20 at its West Des Moines, Iowa campus and 2 in Yellowstone, Montana.
analyst_ratingWells Fargo Securities analyst Steven Cahall downgraded Netflix to Underweight from Equal Weight and cut his price target to $57 from $80, citing weaker engagement and a thinner H2 2026 content slate.
institutional_flowNykredit A/S disclosed a new 2,312,296-share stake in Wells Fargo worth about $191.1 million as of the second quarter.
spinoff_divestitureAllspring Global Investments, the former asset management division of Wells Fargo, is exploring a sale that could value the firm at about $4 billion, with talks in early stages.
macro_dataThe Federal Reserve raised its benchmark interest rate by a quarter percentage point to a 3.75%-4% target range on Sept. 16, its first hike since July 2023, and signaled further increases.
pricing_changeWells Fargo and seven other banks raised their prime lending rate to 7.00% from 6.75%, effective Sept. 17, after the Federal Reserve lifted its benchmark rate by a quarter point.
layoff_restructuringWells Fargo announced 35 layoffs at its Jordan Creek campus in West Des Moines, Iowa, effective November, its 14th round since February, part of 362 Des Moines-area cuts in 2026.
analyst_ratingKeefe Bruyette said Wells Fargo issued a positive Q3 net interest margin update at the Barclays conference that should support the stock.
executive_appointmentWells Fargo said John Manning, EVP and head of commercial banking market coverage, will retire at the end of the year, with Chicago-based Rob Biodrowski succeeding him in November leading over 2,000 bankers.
operational_disruptionWells Fargo Advisors brokers resumed placing orders through the Advisor Gateway desktop system after an outage tied to trade-processing and tax-reporting vendor BetaNXT disrupted trading on Tuesday and Wednesday, the third such disruption in roughly a week.
dividend_changeWells Fargo completed the Federal Reserve's 2026 supervisory stress test with its stress capital buffer unchanged at 2.5% and plans to raise its quarterly dividend 11% to $0.50 a share from $0.45.