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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.
Bull of the Day: Signet Jewelers (SIG)
by Madeleine Johnson
This diamond jewelry retailer just posted big holiday numbers.
Regions Financial (RF) Q4 Earnings Beat Estimates, Costs Up
by Zacks Equity Research
Regions Financial (RF) witnesses higher revenues and expenses in the fourth quarter of 2019.
Bank OZK (OZK) Q4 Earnings Beat Estimates, Provisions Down
by Zacks Equity Research
Bank OZK (OZK) witnesses a decline in revenues along with higher expenses in the fourth quarter of 2019.
Bank Stock Roundup: Q4 Earnings Commences, BofA, JPMorgan & Citi Top Estimates
by Zacks Equity Research
Investor sentiment mixed on banks' Q4 earnings, with the major players displaying top-line strength aided by higher fee income and loan growth, partly muted by margin pressure and elevated expenses.
4 Sector ETFs Sizzling With Solid Buybacks
by Sanghamitra Saha
Inside the sectors that have seen strong share buybacks in the past 10 years.
Zacks Earnings Trends Highlights: JPMorgan, Wells Fargo, Bank of America, Citigroup and Goldman Sachs
by Zacks Equity Research
Zacks Earnings Trends Highlights: JPMorgan, Wells Fargo, Bank of America, Citigroup and Goldman Sachs
4 Sector ETFs Sizzling With Solid Buybacks
by Sanghamitra Saha
Inside the sectors that have seen strong share buybacks in the past 10 years.
Company News for Jan 15, 2020
by Zacks Equity Research
Companies in the news are: WFC, DAL, RTIX, SLGG
Goldman Sachs (GS) Q4 Earnings Disappoint, Expenses Flare Up
by Zacks Equity Research
Goldman Sachs (GS) Q4 results reflect dismal financial advisory and corporate lending business, and high expenses and provisions, partly muted by fixed income and underwriting revenue outperformance.
BofA (BAC) Q4 Earnings Top on Trading, Underwriting & Loans
by Zacks Equity Research
Improved capital markets performance and strong loan growth support BofA's (BAC) Q4 earnings, while lower interest rates act as an undermining factor.
U.S. Bancorp (USB) Q4 Earnings Meet Estimates, Costs Rise
by Zacks Equity Research
U.S. Bancorp's (USB) Q4 results reflect lower revenues, elevated expenses and higher loans balance.
PNC Financial (PNC) Q4 Earnings Top Estimates, Costs Flare Up
by Zacks Equity Research
PNC Financial's (PNC) Q4 performance highlights top-line strength, partly offset by elevated expenses and provisions.
Banks Provide Mixed Start to Q4 Earnings Season
by Sheraz Mian
For the Finance sector, we now have Q4 results from 33.2% of the sector's market capitalization in the S&P 500 index. Total earnings for these Finance sector companies are down -2.2%...
Banks Provide Mixed Start to Q4 Earnings Season
by Sheraz Mian
For the Finance sector, we now have Q4 results from 33.2% of the sector's market capitalization in the S&P 500 index. Total earnings for these Finance sector companies are down -2.2%...
Wells Fargo (WFC) Lags Q4 Earnings Estimates
by Zacks Equity Research
Wells Fargo (WFC) delivered earnings and revenue surprises of -16.96% and 0.26%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
JPMorgan & Bank Earnings, Delta & Boeing & A New Strong Buy Stock - Free Lunch
by Benjamin Rains
Fourth quarter earnings results from JPMorgan, Delta, and other giants, as well as rough Boeing numbers. Plus, why KB Home (KBH) is a Zacks Rank #1 (Strong Buy) stock right now...
Earnings Data Deluge
by Zacks Equity Research
Earnings Data Deluge.
December CPI +0.2%; Q4 Results from JPMorgan, Citi & Wells Fargo
by Mark Vickery
The findings here are fairly consistent with what we've seen over the past several years: positive growth, although still along the lines of a continuing "muddle through" economy.
Wells Fargo's (WFC) Q4 Earnings Lag Estimates, Costs Up
by Zacks Equity Research
Wells Fargo's (WFC) Q4 results reflect higher expenses and reduced net interest income, partly offset by elevated fee income.
Stock Market News for Jan 14, 2020
by Zacks Equity Research
Wall Street closed higher on Monday recovering most of the losses of last Friday ahead an interim trade deal between the United States and China.
Which Big Bank has the Best Earnings Chart?
by Tracey Ryniec
Fourth quarter earnings season kicks off with the big banks. They have been ignored by investors but are they hidden gems?
Should You Bet on Bank ETFs Before Earnings Release?
by Sanghamitra Saha
Chances of a broad-based earnings beat are moderate Banks. Should you tap these ETFs ahead of the slew of earnings releases?
Major Banks to Report Q4 Earnings This Week
by Zacks Equity Research
Major Banks to Report Q4 Earnings This Week.
On Your Marks for Q4 Earnings Season, Get Set...
by Mark Vickery
Pre-market traders appear in a buying mood to start the new week, with Dow futures +100, Nasdaq +38 and the S&P 500 +10.
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