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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.
The Zacks Analyst Blog Highlights Wells Fargo, Honeywell International, Northrop Grumman, The Travelers Companies and GSK
by Zacks Equity Research
Wells Fargo, Honeywell International, Northrop Grumman, The Travelers Companies and GSK are included in this Analyst Blog.
Top Stock Reports for Wells Fargo, Honeywell & Northrop Grumman
by Sheraz Mian
Today's Research Daily features new research reports on 16 major stocks, including Wells Fargo & Company (WFC), Honeywell International Inc. (HON) and Northrop Grumman Corporation (NOC).
Why Is Bank of America (BAC) Up 8.1% Since Last Earnings Report?
by Zacks Equity Research
Bank of America (BAC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Should You Invest in the Invesco KBW Bank ETF (KBWB)?
by Zacks Equity Research
Sector ETF report for KBWB
HSBC Q3 Pre-Tax Earnings Decline Y/Y Despite Revenue Growth
by Zacks Equity Research
HSBC records a rise in adjusted revenues and expenses in the third quarter of 2022.
Financial ETFs Up on Upbeat Earnings
by Sanghamitra Saha
Only five out of six big U.S. banks were able to beat overall in the latest earnings season.
Hilltop Holdings (HTH) Q3 Earnings Beat, Revenues & Costs Dip
by Zacks Equity Research
Hilltop Holdings (HTH) records a decline in revenues and expenses in the third quarter of 2022.
Commerce Bancshares' (CBSH) Stock Declines on Q3 Earnings Miss
by Zacks Equity Research
Commerce Bancshares (CBSH) records a rise in revenues and higher expenses in the third quarter of 2022.
Northern Trust (NTRS) Q3 Earnings & Revenues Miss Estimates
by Zacks Equity Research
A rising expense base and declining assets under management hamper Northern Trust's (NTRS) Q3 results against higher revenues due to a rise in NII.
First Horizon (FHN) Q3 Earnings Miss Estimates, Revenues Beat
by Zacks Equity Research
First Horizon's (FHN) Q3 results reflect strong NII growth and high loan and lease balances. A fall in non-interest income and higher provisions are headwinds.
Citizens Financial (CFG) Q3 Earnings Beat, Revenues Rise Y/Y
by Zacks Equity Research
Interest-earning asset growth drives NII for Citizens Financial (CFG) in Q3, while a rise in expenses dents bottom-line growth.
Comerica (CMA) Q3 Earnings Beat, Revenues & Costs Rise Y/Y
by Zacks Equity Research
Comerica (CMA) records a rise in revenues in the third quarter of 2022. However, higher expenses and provisions hurt the results to some extent.
Goldman (GS) Q3 Earnings Top Estimates, IB Revenues Slump Y/Y
by Zacks Equity Research
Goldman's (GS) Q3 earnings gain from higher revenues in the Global Markets, and the Consumer and Wealth Management segments. Lower Asset Management and IB revenues have been spoilsports.
Stocks Stabilize As Q3 Earnings Loom
by Mayur Thaker
Market takes a breather from selling as all eyes turn towards corporate earnings to determine medium-term future.
BofA (BAC) Q3 Earnings Beat on Solid NII, Provisions & IB Ail
by Zacks Equity Research
Higher rates, solid loan demand and impressive trading business performance support BofA's (BAC) Q3 earnings amid dismal IB performance and higher provisions on worsening macroeconomic outlook.
Company News for Oct 17, 2022
by Zacks Equity Research
Companies in The News Are: JPM,UNH,C,WFC
JPMorgan, Citigroup, Wells Fargo and MS are part of Zacks Earnings Preview
by Zacks Equity Research
JPMorgan, Citigroup, Wells Fargo and MS are part of Zacks Earnings Preview.
Can Bank Stocks Maintain the Recent Momentum?
by Sheraz Mian
The market liked what it saw in the quarterly releases from JPMorgan (JPM), Citigroup (C) and even Wells Fargo (WFC) on an otherwise down day for the indexes.
Earnings Season Commences With Large Banks
by Zacks Equity Research
Earnings Season Commences With Large Banks.
Retail Sales Flat, JPM, WFC Beat on Q3 & More
by Mark Vickery
Flat on Retail Sales for the month is a pretty good start in curbing inflation metrics on a wide scale.
Wells Fargo (WFC) Q3 Earnings Beat, Provisions & Mortgage Hurt
by Zacks Equity Research
Rising rates, decent loan demand and robust trading aid Wells Fargo's (WFC) Q3 earnings amid muted mortgage banking performance and higher credit costs on worsening economic outlook.
Wells Fargo (WFC) Q3 Earnings and Revenues Surpass Estimates
by Zacks Equity Research
Wells Fargo (WFC) delivered earnings and revenue surprises of 19.27% and 4.22%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Zacks Value Investor Highlights: Citigroup, The Bank of New York Mellon, Wells Fargo, AmeriServ and Cadence Bank
by Zacks Equity Research
Citigroup, The Bank of New York Mellon, Wells Fargo, AmeriServ and Cadence Bank have been highlighted in this Value Investor article.
Huge 1500-Point Swing on the Dow After Disappointing CPI
by Mark Vickery
S&P 500 52-week lows were hit like a third rail, and markets recoiled the other direction.
5 Cheap Bank Stocks in 2022
by Tracey Ryniec
These banks have P/B ratios under 1.0 and are paying dividends above 3%.