摩根大通：美联储取消针对富国银行的资本上限限制对美国国债的影响将是轻微的。 ...

以杰伊·巴里（Jay Barry）为首的摩根大通策略师在一份报告中指出，美联储取消富国银行的资产上 限，短期内可能对美国国债和掉期利差的影响微乎其微。策略师们表示，富国银行既然能够扩大资产负 债表规模，那么一个最大的未知数是其商业模式和增长将会如何，以及这种增长将发生在传统银行账 户、市场业务还是两者兼而有之。 ...

高盛还指出，富国银行能够通过发行优先股来进一步增加资产负债表容量，预计该优先股的 ROTCE 可 达到 11%-15%。通过发行优先股并将资金投入到传统银行业务和交易业务中，富国银行有望实现资产 的进一步增长，并获得可观的回报。 高盛维持对富国银行的"买入"评级，并给出了 12 个月 76.00 美元的目标价，该目标价基于 2026 年预期 每股收益的 11.5 倍市盈率。不过，高盛也提醒投资者注意潜在风险，包括贷款增长放缓以及可能面临 的额外监管措施。 综上所述，高盛这份研报为投资者呈现了一个在资产上限解除后，迎来全新发展机遇的富国银行。从财 务表现、资产负债表容量、效率比率改善以及偏好股权融资等多个角度来看，富国银行都展现出巨大的 发展潜力和投资价值。然而，投资者仍需关注相关风险，谨慎做出投资决策。 同时，其市盈率(P/E)将从 2024 年的 11.0 倍逐步上升至 2025 年的 13.4 倍，随后有所下降;市净率(P/B) 则将从 2024 年的 1.4 倍缓慢降至 2027 年的 1.2 倍。资产回报率(ROA)和股东权益回报率(ROE)也将呈现 稳步提升态势，其中 ROE 将从 2024 年的 ...

美国参议院民主党成员Warren：美联储必须向国会山递交关于富国银行的资产评估报告。 ...

Key Takeaways WFC shares rose nearly 3% after the Fed removed its asset cap imposed in 2018. The Fed cited WFC's improved governance and risk controls in lifting the growth restriction. Without the cap, WFC can now grow deposits, loans, and fee-based services to boost earnings.Shares of Wells Fargo & Company (WFC) climbed nearly 3% in after-hours trading yesterday as the bank cleared a major obstacle to its growth plans. The Federal Reserve has removed the $1.95-trillion asset cap on WFC after years of re ...

Wells Fargo (WFC 0.85%) is out of the penalty box, more than seven years after regulators put limits on growth in response to a fake-accounts scandal.Investors are relieved, sending Wells Fargo shares up 3% as of 10 a.m. ET. Freedom to growIt has been a lost decade for Wells Fargo. Nearly 10 years ago, the commercial banking powerhouse disclosed it had opened millions of unauthorized customer accounts to pad growth. In 2018, the Federal Reserve placed caps on Wells Fargo's total assets, limiting the bank's ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Shares of financial giant Wells Fargo & Co (NYSE:WFC) are up 2.2% before the bell, after the Federal Reserve officially lifted its long-standing asset cap on the bank. The restriction, imposed in 2018 following Wells Fargo’s 2016 fake-accounts scandal, had capped the bank’s total assets at roughly $2 trillion and hindered its ability to grow.Coming into today, WFC is up 7.7% in 2025 and boasts a 27.5% year-over-year lead. The shares have steadily rebounded from their April 7 low of $58.42 — their lowest poi ...

Group 1: Company Performance - JPMorgan stock has increased approximately 11% year-to-date, outperforming the S&P 500 index which rose by 1% and Wells Fargo which rose by 6% [1] - In Q1 FY 2025, JPMorgan exceeded Wall Street expectations with revenue climbing 8% to $46.01 billion, driven by strong asset management and investment banking fees, and trading revenue increased 48% to $3.8 billion [2] - Net income rose by 9% to $14.6 billion, or $5.07 per share, while assets under management increased 15% year-over-year to $4.1 trillion [2] Group 2: Market Outlook - The bank has adopted a cautious outlook due to geopolitical factors, U.S. tariffs, and inflation concerns, with the 10-year treasury yield rising to over 4.40% from 4.01% in early April [3] - Higher yields could enhance net interest income and profitability, although they may negatively impact investment banking activities due to delays in IPOs and M&A [3] - Market volatility may be partially mitigated by JPMorgan's strength in trading operations [3] Group 3: Valuation and Capital Management - JPMorgan stock is trading at approximately $265 per share, about 2.6 times its tangible book value, which may seem expensive but is justified by its strong capital position and proactive risk management [4] - The bank repurchased $7 billion in common stock and announced a 12% increase in the common dividend [4] - The estimated value of JPM stock is around $240 per share, slightly below the current market price [4]

这项决定在投资者、分析师及银行业高管之间早有预期。总部位于旧金山的富国银行近年来陆续解除了 多个监管命令，而增长限制和美国货币监理署(OCC)的一项十年前的命令，是其最后面临的两项重大监 管压力。 2018年2月，美联储首次对一家银行整体资产规模设限，要求富国银行的资产不得超过2017年底的1.95 万亿美元，直到其公司治理和内部控制机制达到监管标准。此举开创先河，也表明当时监管部门对富国 银行系统性问题的严重性高度警觉。 假账户丑闻源自2016年消费者金融保护局(CFPB)发现富国银行员工在没有客户授权的情况下，自2011 年起擅自开设超过200万个储蓄和信用卡账户。激进的销售目标与交叉销售奖励制度，诱导了员工的违 规行为，引发公众强烈愤怒。2016年9月，富国银行股价应声下跌12%。 当时，CFPB对富国银行处以1亿美元的创纪录罚款，OCC追加3500万美元罚款，洛杉矶市和县也索赔 5000万美元。美联储的资产上限成为终极监管武器，仅适用于"严重违规或长期整改无效"的情形。时任 美联储主席耶伦在任期结束前一天宣布处罚，接任者鲍威尔上任即接手这一烫手山芋。 美国金融业迎来一个历史性时刻。 智通财经APP获悉 ...