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Zacks News
San Francisco-based – Wells Fargo & Company is one of the largest financial services company in the U.S. with $1.95 trillion in assets and more than $1.4 trillion in deposits. The company provides banking, insurance, trust and investments, mortgage banking, investment banking, retail banking, brokerage services and consumer and commercial finance through over 7,200 stores, 13,000 ATMs, the internet and other distribution channels across North America and globally. The company provides its services through three broad segments: Community Banking offers a complete line of diversified financial products and services to consumers and small businesses, including checking and savings accounts, credit and debit cards, and auto, student, and small business lending. Wholesale Banking provides financial solutions to businesses across the United States and globally with annual sales generally in excess of $5 million. Wealth and Investment Management provides a full range of personalized wealth management, investment and retirement products and services to clients across U.S. based businesses.
JPMorgan, Bank of America, Citigroup and Wells Fargo are part of Zacks Earnings Preview
by Zacks Equity Research
JPMorgan, Bank of America, Citigroup and Wells Fargo are highlights of the Zacks Earnings Preview article.
Plenty of Positives in Big Bank Earnings: What's Next?
by Sheraz Mian
The market liked what it saw in the fourth quarter releases from JPMorgan (JPM), Bank of America (BAC), Citigroup (C), and even Wells Fargo (WFC).
Wall Street Kicks Off Q4 2022 Earnings Season
by Zacks Equity Research
Wall Street Kicks Off Q4 2022 Earnings Season.
Citigroup (C) Q4 Earnings Miss Estimates, Revenues Beat
by Zacks Equity Research
Citigroup's (C) Q4 results are supported by Institutional Clients Group, and Personal Banking and Wealth Management's strong revenues. Higher allowance for credit losses on loans acts as a spoilsport.
Compared to Estimates, Wells Fargo (WFC) Q4 Earnings: A Look at Key Metrics
by Zacks Equity Research
Although the revenue and EPS for Wells Fargo (WFC) give a sense of how its business performed in the quarter ended December 2022, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Welcome to Q4 Earnings Season!
by Mark Vickery
Four of Wall Street's biggest banks are all out with Q4 earnings results ahead of today's opening bell.
Wells Fargo's (WFC) Q4 Earnings Beat on NII, Mortgage Hurts
by Zacks Equity Research
Higher interest rates, solid loan demand and decent trading performance aid Wells Fargo's (WFC) Q4 earnings amid a worsening macroeconomic backdrop and gloomy mortgage banking prospects.
Wells Fargo (WFC) Q4 Earnings Beat Estimates
by Zacks Equity Research
Wells Fargo (WFC) delivered earnings and revenue surprises of 6.35% and 1.16%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
5 Big Bank Charts to Kick Off Earnings Season
by Tracey Ryniec
Fourth quarter earnings season is here. Will the banks surprise again?
Zacks Earnings Trends Highlights: JPMorgan, Bank of America, Citigroup, Wells Fargo
by Zacks Equity Research
JPMorgan, Bank of America, Citigroup, Wells Fargo have been highlighted in this Earnings Trends article.
Are Earnings Estimates at Risk of Big Cuts in the Days Ahead?
by Sheraz Mian
Many in the market consider current earnings expectations to be too high and fear that the Q4 earnings season will cause estimates to be significantly lowered. Let's investigate...
Are Earnings Estimates at Risk of Big Cuts in the Days Ahead?
by Sheraz Mian
Many in the market consider current earnings expectations to be too high and fear that the Q4 earnings season will cause estimates to be significantly lowered. Let's investigate...
U.S. FAA Suffers a Major Technical Outage
by Zacks Equity Research
U.S. FAA Suffers a Major Technical Outage.
FAA Outage Creates Cancellations, Delays
by Mark Vickery
We've since seen restoration of service in Atlanta and Newark hubs, but expect major delays if you were planning to fly anywhere within the U.S. today.
Higher Interest Rates, Loans to Aid BofA (BAC) Q4 Earnings
by Zacks Equity Research
Higher interest rates, decent loan demand and robust trading performance are expected to have supported BofA's (BAC) Q4 earnings.
NII to Support Wells Fargo (WFC) Q4 Earnings, Mortgage to Hurt
by Zacks Equity Research
Higher interest rates and decent loan demand are expected to have aided Wells Fargo's (WFC) Q4 earnings amid dismal mortgage business and higher provisions.
How Will Bank ETFs Perform in Light of Q4 Earnings?
by Sanghamitra Saha
Big banks will start releasing their quarterly numbers this week.
Q4 Earnings Season: Global Week Ahead
by John Blank
Corporate America starts reporting fourth-quarter results and investors will be looking for signs of a potential economic slowdown filtering through to companies' bottom lines.
Q4 2022 Earnings Season in Focus
by Zacks Equity Research
Q4 2022 Earnings Season in Focus.
Pre-Markets Continue Higher; CPI, Big Banks on Deck
by Mark Vickery
What this week lacks in overall volume of news events it is expected to make up in impact.
JPMorgan, Bank of America, Citigroup and Wells Fargo are part of Zacks Earnings Preview
by Zacks Equity Research
JPMorgan, Bank of America, Citigroup and Wells Fargo are part of Zacks Earnings Preview.
Wells Fargo (WFC) Gains But Lags Market: What You Should Know
by Zacks Equity Research
In the latest trading session, Wells Fargo (WFC) closed at $42.80, marking a +0.9% move from the previous day.
2022 Q4 Earnings Season Preview: Will Estimates Hold Their Ground?
by Sheraz Mian
Many in the market consider current earnings expectations to be too high and fear that the Q4 earnings season will cause estimates to be lowered significantly. We strongly dispute the notion that earnings estimates remain out of sync with the economic ground reality...
2022 Q4 Earnings Season Preview: Will Estimates Hold Their Ground?
by Sheraz Mian
Many in the market consider current earnings expectations to be too high and fear that the Q4 earnings season will cause estimates to be lowered significantly. We strongly dispute the notion that earnings estimates remain out of sync with the economic ground reality...
Earnings Preview: Wells Fargo (WFC) Q4 Earnings Expected to Decline
by Zacks Equity Research
Wells Fargo (WFC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.