Wells Fargo Second-Quarter Earnings Recap


Category: futuresSource: nasdaqJul 18th, 2018

These Charts Could Spell Trouble for Bank Stocks

When the largest U S banks Bank of America Wells Fargo and JPMorgan Chase 160 reported fourth quarter earnings all of them had one thing in common They had smaller reserves set aside for bad loans at the end of 2018 than at the end of 2017 Having gutted.....»»

Category: futuresSource: nasdaqFeb 17th, 2019

Wells Fargo: Weak Guidance Reignites Fossil Group Bear Case

Fossil Group Inc (NASDAQ: FOSL) shares were sinking Thursday, one day after the watchmaker reported a fourth-quarter earnings miss and weak first-quarter sales guidance. Fossil guided to Q1 sales falling 16-22 percent year-over-.....»»

Category: earningsSource: benzingaFeb 14th, 2019

Wells Fargo CEO Tim Sloan addresses ongoing asset cap, efforts to transform

Wells Fargo CEO Tim Sloan shared updates on the cap — part of a consent order with the Federal Reserve System — on an investor call Tuesday morning following the release of the bank's fourth-quarter earnings report......»»

Category: topSource: bizjournalsJan 15th, 2019

The Sniff Test: Wells Fargo spent $7.3 billion to help buy an earnings beat — was it worth it?

The $7.3 billion Wells Fargo spent on share repurchases during the fourth quarter failed to prop up its stock price, but it effectively helped the bank one-up its blue-chip rival JPMorgan Chase & Co. with an earnings beat. Was it worth it?.....»»

Category: topSource: marketwatchJan 15th, 2019

Wells Fargo Disappoints With 4th-Quarter Revenue Miss

Bank posts earnings beat despite seeing sales declines in its three biggest businessesRelated Stocks: WFC, JPM, C, BAC,.....»»

Category: blogSource: gurufocusJan 15th, 2019

Wells Fargo closes out 2018 with solid fourth-quarter earnings results

Wells Fargo & Co. (NYSE: WFC) gave a stronger showing to round out 2018, posting net income of $6.1 billion, or $1.21 in diluted earnings per share, during the fourth quarter. The bank released its fourth-quarter earnings report Tuesday morning. .....»»

Category: topSource: bizjournalsJan 15th, 2019

Citi Fixed Income Crashes 21%, Worst Since 2011, In Ominous Sign For Wall Street

While traditionally it is JPMorgan Chase that kicks off bank earnings season, this quarter, Citigroup is taking the spotlight with its just reported Q4 results (followed by JPMorgan and Wells Fargo & Co. on Tuesday), and.....»»

Category: blogSource: zerohedgeJan 14th, 2019

Switch"s Guidance "Achievable," Wells Fargo Says In Upgrade Ahead Of Q3 Print

Data center provider Switch Inc. (NYSE: SWCH) is expected to announce third-quarter earnings Nov. 12 after weaker-than-expected second-quarter results. Latest Ratings fo.....»»

Category: blogSource: benzingaOct 25th, 2018

Wells Fargo Upgrades Crown Holdings: "We See Potential Upside To Both Earnings And Cash Flow"

Metal can manufacturer Crown Holdings Inc. (NYSE: CCK) delivered strong third-quarter earnings last week that surpassed estimates......»»

Category: blogSource: benzingaOct 22nd, 2018

Rising Rates Not a Worry for Big Banks

Third-quarter earnings from JPMorgan, Citigroup and Wells Fargo showed the U.S. economy is performing well as consumer credit expands......»»

Category: asiaSource: wsjOct 13th, 2018

Wells Fargo earnings show improvement in third quarter

Wells Fargo & Co. (NYSE: WFC) reported its third-quarter earnings this morning, posting $6 billion in net income, or $1.13 in diluted earnings per share. Net income showed a 33% improvement over last year's $4.5 billion in the third quarter of 2017. .....»»

Category: topSource: bizjournalsOct 12th, 2018

Wells Fargo CEO Tim Sloan: Progress "demonstrates how hard our team is working"

Wells Fargo & Co. (NYSE: WFC) showed improvement in its third-quarter earnings report, and Chief Executive Tim Sloan remains positive on what's to come for the San Francisco-based bank. Wells Fargo reports $6 billion in net income in the third quarter, .....»»

Category: topSource: bizjournalsOct 12th, 2018

Wells Fargo Slides By With Q3 Earnings

Wells Fargo reported mixed third-quarter financial results early Friday but shares were up a bit in premarket trading......»»

Category: blogSource: 247wallstOct 12th, 2018

Big Bank Q3 Earnings Roundup: Citigroup, JPMorgan, Wells Fargo Get Things Started

Three bank giants reported Q3 earnings Friday morning. Here's a recap of what each bank reported. JPMorgan JPMorgan Chase & Co. (NYSE: JPM) earned $2.34 per share in Q3 on revenue of $27.8 billion. Stree.....»»

Category: earningsSource: benzingaOct 12th, 2018

Big Bank Q3 Earnings Roundup: Citigroup, JPMorgan, Wells Fargo Get Things Started

Three bank giants reported Q3 earnings Friday morning. Here's a recap of what each bank reported. read more.....»»

Category: blogSource: benzingaOct 12th, 2018

Big Banks" Q3 Earnings Releases on Oct 12: JPM, C, WFC & PNC

Major banks - JPMorgan (JPM), Wells Fargo (WFC), Citigroup (C) and PNC Financial (PNC) - set to report third-quarter 2018 earnings tomorrow, before the opening bell. The third-quarter 2018 earnings season is already round th.....»»

Category: worldSource: nytOct 11th, 2018

What to Look For in Wells Fargo’s Q3 Report

Wells Fargo is set to release its third-quarter financial results before the markets open on Friday, and analysts are looking for strong year-over-year earnings growth......»»

Category: blogSource: 247wallstOct 11th, 2018

Earnings Season Will Kick Off Friday: What To Expect From Citi, JPMorgan And Wells Fargo - Seeking Alpha

PressOracleEarnings Season Will Kick Off Friday: What To Expect From Citi, JPMorgan And Wells FargoSeeking AlphaThe next earnings season is upon us and the results from the third quarter will be crucial in determining whether or not the.....»»

Category: topSource: googlenewsOct 10th, 2018

After Skechers Issues Weak Guidance, Wells Fargo Predicts First Annual EPS Decline Since 2011

After Skechers USA Inc (NYSE: SKX) disappointed investors with its second-quarter earnings report and third-quarter guidance Thursday, Wells Fargo said it's lost confidence the fo.....»»

Category: blogSource: benzingaJul 20th, 2018

JPMorgan, Wells Fargo Post Q2 Results -

DSNews.comJPMorgan, Wells Fargo Post Q2 ResultsDSNews.comJPMorgan Chase & Co. and Wells Fargo & Company released their second quarter earnings re.....»»

Category: topSource: googlenewsJul 15th, 2018