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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.
Wells Fargo (WFC) Misses Q2 Earnings and Revenue Estimates
by Zacks Equity Research
Wells Fargo (WFC) delivered earnings and revenue surprises of -3.90% and 2.47%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Markets Fight Back to (Near) Break-Even
by Mark Vickery
Considering the Dow had sunk more than -600 points early this session, we'll still count it as a near-win.
5 Big Bank Earnings Charts to Watch This Week
by Tracey Ryniec
The banks lead off second quarter earnings season. Will they surprise again?
What's in Store for Bank ETFs This Earnings Season?
by Sanghamitra Saha
Big banks will start releasing their quarterly numbers from this week.
Wall Street Eagerly Waits for Q2 Earnings Season to Commence
by Zacks Equity Research
Wall Street Eagerly Waits for Q2 Earnings Season to Commence
Analysts Estimate Bank of America (BAC) to Report a Decline in Earnings: What to Look Out for
by Zacks Equity Research
Bank of America (BAC) 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.
Quiet Morning Ahead of Q2 Earnings, CPI This Week
by Mark Vickery
Even before we get results from how the Big Banks fared in Q2, we'll find out how the consumer dealt with making choices.
Fee Income Decline to Hurt Wells Fargo's (WFC) Q2 Earnings
by Zacks Equity Research
Despite an improving lending scenario, Wells Fargo's (WFC) Q2 earnings are expected to have seen hurdles from lower fee income due to a fall in mortgage banking revenues and investment banking fees.
Analysts Estimate Wells Fargo (WFC) to Report a Decline in Earnings: What to Look Out for
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.
Wells Fargo (WFC) Outpaces Stock Market Gains: What You Should Know
by Zacks Equity Research
Wells Fargo (WFC) closed the most recent trading day at $40.12, moving +1.57% from the previous trading session.
JPMorgan (JPM) Fined for Failing to Report Swap Transactions
by Zacks Equity Research
JPMorgan (JPM) will pay $850,000 to the CFTC for alleged swap reporting failures.
Wells Fargo (WFC) Outpaces Stock Market Gains: What You Should Know
by Zacks Equity Research
Wells Fargo (WFC) closed the most recent trading day at $39.92, moving +1.91% from the previous trading session.
Wells Fargo (WFC) Dips More Than Broader Markets: What You Should Know
by Zacks Equity Research
Wells Fargo (WFC) closed the most recent trading day at $39.71, moving -1.17% from the previous trading session.
The Zacks Analyst Blog Highlights Visa, JPMorgan Chase, Verizon Communications, Wells Fargo, and Seagen
by Zacks Equity Research
Visa, JPMorgan Chase, Verizon Communications, Wells Fargo, and Seagen are part of Zacks top Analyst Blog.
Top Analyst Reports for Visa, JPMorgan & Verizon
by Sheraz Mian
Today's Research Daily features new research reports on 16 major stocks, including Visa Inc. (V), JPMorgan Chase & Co. (JPM), and Verizon Communications Inc. (VZ).
GS, BAC, WFC & Others Hike Dividends After 2022 Stress Test
by Swayta Shah
Banks including Goldman (GS), Bank of America (BAC), Morgan Stanley (MS) and Wells Fargo (WFC) reward investors with dividend rises. JPMorgan (JPM) keeps the quarterly payout unchanged, citing a difficult operating backdrop.
Should You Invest in the Invesco KBW Bank ETF (KBWB)?
by Zacks Equity Research
Sector ETF report for KBWB
Stock Market News for Jun 27, 2022
by Zacks Equity Research
U.S. stocks ended sharply higher on Friday to record their first weekly advance since May as investors deliberated if markets have hit their lows and reassessed Fed's aggressive rate hike plans.
Sanderson Farms and CarMax have been highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
Sanderson Farms and CarMax have been highlighted as Zacks Bull and Bear of the Day.
Wells Fargo (WFC) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
Wells Fargo (WFC) closed at $37.90 in the latest trading session, marking a -1.81% move from the prior day.
JPMorgan (JPM) Cuts Jobs in Mortgage Lending Amid Rate Surge
by Zacks Equity Research
JPMorgan (JPM) lays off employees in its home lending division as rapidly rising mortgage rates result in a cool down in the housing market.
Wells Fargo (WFC) Dips More Than Broader Markets: What You Should Know
by Zacks Equity Research
In the latest trading session, Wells Fargo (WFC) closed at $38.60, marking a -1% move from the previous day.
Wells Fargo (WFC) Stock Moves -1.36%: What You Should Know
by Zacks Equity Research
Wells Fargo (WFC) closed at $37.65 in the latest trading session, marking a -1.36% move from the prior day.
Wells Fargo (WFC) Outpaces Stock Market Gains: What You Should Know
by Zacks Equity Research
Wells Fargo (WFC) closed at $38.17 in the latest trading session, marking a +1.98% move from the prior day.
Wells Fargo (WFC) Q2 Mortgage Income to Fall, Buybacks Halt
by Zacks Equity Research
Wells Fargo (WFC) might see a decline in its home lending portfolio and mortgage banking income. This might affect the company's fee income in the second quarter.