First Western Trust Bank increased its Wells Fargo holdings by 5.4% and reported Q2 earnings of $1.33 per share, surpassing estimates.
First Western Trust Bank increased its Wells Fargo (WFC) holdings by 5.4%, reflecting institutional investor interest, with 75.90% of shares owned by such entities. WFC reported Q2 earnings of $1.33 per share, surpassing estimates, and a revenue of $20.69 billion. The company announced a quarterly dividend of $0.40. Analysts' ratings vary, with an average rating of "Hold" and a consensus target price of $60.41.
September 06, 2024
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