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Wells Fargo stock reaches all-time high at 84.84 USD

Published 19/09/2025, 20:40
© Reuters.
WFC
-0.13%

Wells Fargo & Company stock has reached an all-time high, hitting 84.84 USD. This milestone marks a significant achievement for the financial institution, reflecting strong investor confidence and robust financial performance. Over the past year, Wells Fargo has experienced a remarkable 52.97% increase in its stock price, underscoring the company’s resilience and strategic growth initiatives. The all-time high is a testament to the company’s ability to navigate market challenges and capitalize on opportunities in the financial sector. InvestingPro data reveals the company has maintained dividend payments for 55 consecutive years, with an overall Financial Health Score rated as GOOD. Discover more insights and 8 additional ProTips with an InvestingPro subscription.

In other recent news, Wells Fargo announced a reduction in its prime rate to 7.25% from 7.50%, effective September 18, 2025. This 25 basis point decrease impacts consumer and commercial loan products, including credit cards and home equity lines of credit. Additionally, Wells Fargo has been urged by a group of 15 Democratic senators to cease anti-union efforts, suggesting that improved labor relations could help address workplace culture issues and aid in recovering from past scandals. Piper Sandler has reiterated its Overweight rating for Wells Fargo, noting long-term growth opportunities and strong underwriting practices. Wells Fargo also established new medium-term note programs, Series Y and Z, and filed the related distribution agreement with the SEC. Furthermore, New York Attorney General Letitia James filed a lawsuit against Early Warning Services, LLC, the operator of Zelle, which is partially owned by Wells Fargo, for allegedly failing to protect users from a $1 billion fraud scheme. These developments reflect ongoing changes and challenges faced by Wells Fargo in various aspects of its operations.

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