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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.
BB&T (BBT) Q1 Earnings Beat Estimates as Revenues Rise
by Zacks Equity Research
BB&T's (BBT) first-quarter 2019 results benefit from higher revenues, partly offset by rise in costs and provisions.
Zacks Earnings Trends Highlights: JPMorgan, Citigroup, Goldman Sachs and Wells Fargo
by Zacks Equity Research
Zacks Earnings Trends Highlights: JPMorgan, Citigroup, Goldman Sachs and Wells Fargo
U.S. Bancorp (USB) Q1 Earnings Meet Estimates, Revenues Up
by Zacks Equity Research
U.S. Bancorp's (USB) first-quarter 2019 results reflect easing margin pressure, along with growth in loan balances.
Top Analyst Reports for Wells Fargo, UnitedHealth & Merck
by Mark Vickery
Today's Research Daily features new research reports on 16 major stocks, including Wells Fargo (WFC), UnitedHealth (UNH) and Merck (MRK).
BofA (BAC) Q1 Earnings Beat on Loan Growth, Higher Rates
by Zacks Equity Research
Decent lending activity, relatively higher interest rates and efficient costs management support BofA's (BAC) Q1 earnings. However, weak investment banking and trading performance act as headwinds.
Wells Fargo (WFC) is a Top Dividend Stock Right Now: Should You Buy?
by Zacks Equity Research
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Wells Fargo (WFC) have what it takes? Let's find out.
Comerica (CMA) Q1 Earnings Beat Estimates, Revenues Up Y/Y
by Zacks Equity Research
Comerica's (CMA) first-quarter 2019 results reflect higher revenues and improved credit metrics, partly offset by elevated expenses.
Mixed Start to Q1 Earnings Season
by Sheraz Mian
Total earnings for the 42 S&P 500 members that have reported results already are down -0.1% on +3.7% higher revenues, with 83.3% beating EPS estimates and 54.8% beating revenue estimates.
A New York Minute: Citi, Goldman Mixed in Q1; Empire State Up
by Mark Vickery
While Citigroup & Goldman Sachs reported mixed Q1 earnings reports, the Empire State index rose back up to double digits for the first time in 2019.
Q1 Earnings Continue
by Zacks Equity Research
Q1 Earnings Continue
JPMorgan, Wells Fargo, Citigroup, Bank of America and Goldman Sachs are part of Zacks Earnings Preview
by Zacks Equity Research
JPMorgan, Wells Fargo, Citigroup, Bank of America and Goldman Sachs are part of Zacks Earnings Preview
A New York Minute: Citi, Goldman Mixed in Q1; Empire State Up
by Mark Vickery
While Citigroup & Goldman Sachs reported mixed Q1 earnings reports, the Empire State index rose back up to double digits for the first time in 2019.
Market Likely to be on Northward Journey From Here: 5 Picks
by Nalak Das
Several positive catalysts are pointing toward an upward journey by Wall Street from here.
Citigroup (C) Q1 Earnings Beat Estimates, Revenues Disappoint
by Zacks Equity Research
Citigroup (C) delivers positive earnings surprise of 5.1% in first-quarter 2019 on expense control.
Big Bank Earnings Impress in Q1: 5 Great Picks
by Swarup Gupta
A rise in interest rates and the Trump administration???s tax cuts are primarily responsible for banks' encouraging first-quarter numbers.
Goldman (GS) Q1 Earnings Beat, Advisory Revenues Improve
by Zacks Equity Research
Goldman Sachs' (GS) Q1 results reflect solid financial advisory revenues and expense management, partly offset by underwriting business and fixed income trading activities underperformance.
Banks Deliver and the Rally Continues
by David Borun
After an encouraging start to earnings season, stocks continue to rise.
Despite Feds Dovish Verbiage Bank Stocks Beat Earnings
by Daniel Laboe
This slump for bank stock might have come to an end with JP Morgan Chase and Wells Fargo kicking off earnings for banks on a strong note.
Chevron's Deal, Big Banks' Q1 Earnings & Disney+ Boost
by Mark Vickery
While some of Wall Street's biggest banks report earnings, Chevron makes a big E&P play and Disney unveils its new streaming service.
Major Banks Post Strong Q1 Earnings Results
by Zacks Equity Research
Major Banks Post Strong Q1 Earnings Results
Chevron's Deal, Big Banks' Q1 Earnings & Disney+ Boost
by Mark Vickery
While some of Wall Street's biggest banks report earnings, Chevron makes a big E&P play and Disney unveils its new streaming service.
Dow 30 Stock Roundup: Procter & Gamble Hikes Dividend, Boeing Q1 Commercial Deliveries Fall
by Swarup Gupta
The index traversed a lackluster trading week as investors looked toward first-quarter earnings numbers for direction.
Stock Market News For Apr 12, 2019
by Zacks Equity Research
U.S. stocks were mostly lower on Thursday as investors cautiously waited for first quarter earnings to gather steam from Friday.
Wells Fargo (WFC) Beats Q1 Earnings and Revenue Estimates
by Zacks Equity Research
Wells Fargo (WFC) delivered earnings and revenue surprises of 11.11% and 3.44%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
Wells Fargo (WFC) Q1 Earnings Beat, Fee Income Disappoints
by Zacks Equity Research
Wells Fargo (WFC) first-quarter 2019 results reflect lower expenses, partly offset by lower fee income, including reduction in mortgage banking revenues.