Wells Fargo Issues Statement Regarding the Federal Reserve’s Stress Test Results
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Wells Fargo (WFC) plans to raise quarterly dividend 17% to $0.35/sh following stress test
June 30, 2023 5:12 PM EDTWells Fargo (NYSE: WFC) announced that it has completed the 2023 Comprehensive Capital Analysis and Review (CCAR) stress test process. The Company expects its stress capital buffer (SCB) to decrease to 2.9%, which represents a percentage amount of incremental capital the Company must hold above its minimum regulatory... More
