Wells Fargo & Company WFC announced that it is aiming for a 17-18% return on tangible common equity (ROTCE) over the medium term, up from the earlier target of 15%. This move underscores the company’s ...
Wells Fargo's return on average tangible common equity for the third quarter was 15.2%, which was the same as the previous quarter but up from 13.9% in the year-earlier quarter. One factor in the year ...
Tangible common equity to tangible assets1 of 9.60%, an increase of 18 basis points and 10 basis points from the linked and prior year quarters, respectively Tangible book value per common share1 of ...
On Wells Fargo's recent earnings call, management said it is targeting a 17%-18% return on tangible common equity. That is essentially what management at JPMorgan Chase is targeting. JPMorgan Chase ...
(1) Tangible common equity adjusted for accumulated other comprehensive loss is a non-GAAP financial measure used by management to evaluate the Company's capital position without the impact of ...
Novanta Inc. (Nasdaq: NOVT) ("Novanta" or the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that it has priced its previously ...