Wachovia has dual headquarters here and in Atlanta. Winston-Salem is 150 miles northeast of Downtown Charlotte.
The five-year projection is based on various factors, including strong market execution, operational support and exceptional risk management.
For near term earnings, CFI Robert S. McCoy says the outlook for earnings per share for the first quarter should be an EPS range of $1.17 to 1.22. For the year, that number is expected to be in the lower half of a $5.20 to $5.60 range.
At the end of last year, the company had assets of $74 billion; 650 offices and 1,350 ATMS primarily in Florida, Georgia, North Carolina, South Carolina and Virginia.
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David Wilkening
David Wilkening began his long journalism career as a police reporter for Chicago-area newspapers. He became a writer-editor for major newspapers in Chicago, Washington, Detroit and Florida. He has been a business editor, political editor and travel editor for newspapers and magazines. He tried for a while to be a political operative but did better as an adjunct college professor teaching English and journalism. He is the author of several books, both ghost-written and under his own name. He is also a widely published freelance writer who currently lives in Orlando.
