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WELLS FARGO

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Wells Fargo : OCC to Review Any CEO Pick From Wells Fargo, Doesn't Plan to Make Review Public -Reuters

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05/15/2019 | 01:44pm EDT

By Josh Beckerman

--Comptroller of the Currency Joseph Otting said he will review any Wells Fargo & Co. (WFC) selection for its next chief executive, but won't make findings of its review public, Reuters reported Wednesday.

--The Reuters article said Mr. Otting's statement was part of a "heated exchange" that took place at a hearing before the Senate Banking Committee.

--The report said a Wells Fargo spokesman didn't immediately provide comment.

https://www.reuters.com/article/us-wells-fargo-ceo/u-s-bank-regulator-will-vet-next-wells-fargo-ceo-idUSKCN1SL27D

Write to Josh Beckerman at josh.beckerman@wsj.com

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Financials ($)
Sales 2019 83 824 M
EBIT 2019 30 100 M
Net income 2019 20 558 M
Debt 2019 -
Yield 2019 4,00%
P/E ratio 2019 9,04
P/E ratio 2020 8,96
Capi. / Sales 2019 2,48x
Capi. / Sales 2020 2,48x
Capitalization 208 B
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Technical analysis trends WELLS FARGO
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TrendsBearishNeutralBearish
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Mean consensus HOLD
Number of Analysts 32
Average target price 51,9 $
Spread / Average Target 12%
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Managers
NameTitle
Timothy J. Sloan President, Chief Executive Officer & Director
Elizabeth A. Duke Independent Chairman
John R. Shrewsberry Chief Financial Officer & Senior Executive VP
Scott Dillon Chief Technology Officer
John Daniel Baker Independent Director
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