Thread regarding Wells Fargo & Co. layoffs

Wells Fargo’s stock performance has su-ked any way you look at it.

Down from 1 year ago
Down from 5 years ago
Down from 10 years ago

The dividend su-ks since Charlie became CEO.

The bank is under a Federal Asset Cap for nearly 6 years, with very little said about progress and no ETA. Ongoing banking violations and SEC investigations under the guidance of this overpaid Senior Leadership team.

I can’t figure out why Wells Fargo’s largest institutional and mutual fund holders continue to hang on to the stock: Vanguard, Blackrock etc.

Where are the highly-paid so-called portfolio managers who investors are trusting with their money??

How can it not all be a sham??

by
| 1019 views | | 6 replies (last November 10, 2023) | Reply
Post ID: @OP+1puTjWzB

6 replies (most recent on top)

Yet Zacks calls it a "momentum" stock, lol.
https://finance.yahoo.com/news/wells-fargo-wfc-top-ranked-145006689.html

by
| | Reply
Post ID: @2mdr+1puTjWzB

Citi pays a 53 cent dividend in comparison to wfc 35 cents at nearly the same share price

by
| | Reply
Post ID: @2suh+1puTjWzB

Been unloading my bonus stock. It's a modest dividend play now that inflation is down around 3.5%, but you can get better return from a Cap One Savings account.

by
| | Reply
Post ID: @1meu+1puTjWzB

I have several “non- executive” friends and family members who are multi- millionaires purely due to company stock which has soared in the years they have been employed. UPS drivers who worked there before the company went public (plus they get a nice pension), Amgen and Apple.

Wells Fargo has bent their employees over for so long that we think it’s normal to work for a bunch of lying cheating greedy self- serving incompetent overpaid losers.
Wells Fargo

by
| | Reply
Post ID: @qlz+1puTjWzB

lol, what LOB is possibly going to lead to big growth post-cap? Anything that could is being shut down, and the idea that we're going to make huge headway in investment banking or CCs is overly optimistic at best.

by
| | Reply
Post ID: @ijm+1puTjWzB

To the moon once cap removed 2025

by
| | Reply
Post ID: @tyt+1puTjWzB

Post a reply

: