Wells Fargo

Wells Fargo is one of the largest U.S. banks, with a nationwide franchise in retail and commercial banking, mortgages and wealth management. After years operating under a regulatory asset cap tied to past scandals, it has focused on rebuilding trust, tightening controls and improving returns. The dividend was cut sharply during the pandemic but has since been rebuilt, and the long underlying record of payments remains intact. The yield is moderate, and as capital returns normalise the profile is improving, though investors should weigh the bank's cyclical earnings and its ongoing regulatory recovery.