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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.
Goldman (GS) Q4 Earnings Beat Estimates, Expenses Flare Up
by Zacks Equity Research
Goldman Sachs' (GS) Q4 results reflect solid financial advisory revenues, partly offset by underwriting business and fixed income trading activities underperformance.
U.S. Bancorp (USB) Q4 Earnings Top Estimates, Revenues Rise
by Zacks Equity Research
U.S. Bancorp's (USB) fourth-quarter 2018 results reflect easing margin pressure, along with solid growth in loan balances.
Company News For Jan 16, 2019
by Zacks Equity Research
Companies in the news are: DAL, CVS, WMT, WFC and UAL
PNC Financial (PNC) Q4 Earnings Lag Estimates, Revenues Up
by Zacks Equity Research
PNC Financial (PNC) delivers negative earnings surprise of 1% in fourth-quarter 2018 on lower fee income.
Wells Fargo (WFC) Q4 Earnings Beat Estimates, Costs Decline
by Zacks Equity Research
Wells Fargo's (WFC) Q4 results reflect rise in margin and improved cost control. However, decline in loans and lower fee income were major drags.
The Earnings Story So Far & What To Watch During Q4 Report Season
by Ryan McQueeney
Ryan McQueeney recaps Netflix's subscription price hike and earnings results from Delta, UnitedHealth, Wells Fargo, and JPMorgan. Later, he chats with Dave Bartosiak about bank earnings and how investors can profit throughout the Q4 report season.
Economic Data Deluge
by Zacks Equity Research
Economic Data Deluge
PPI Joins Q4 Reports for JPM, WFC & More; Big Day for Data
by Mark Vickery
Currently, Q4 earnings season is heating up in earnest, with two top Wall Street banks and two other sector leaders bringing results ahead of the opening bell.
Wells Fargo (WFC) Surpasses Q4 Earnings Estimates
by Zacks Equity Research
Wells Fargo (WFC) delivered earnings and revenue surprises of 3.42% and -2.74%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?
Q4 Earnings to Bear Good Tidings for These 5 Stocks
by Tirthankar Chakraborty
For Q4 as whole, total earnings for S&P 500 companies are estimated to improve 10.5% from the same period last year on 5.3% higher revenues, which would follow 25.7% earnings growth on 8.4% higher revenues in Q3.
Big Banks Kick Off Earnings Season & Today's Trending Stocks: LULU, ACB
by Ryan McQueeney
Ryan McQueeney discusses weak economic data from China as well as news involving Lululemon and Aurora Cannabis. He also recaps Citigroup's earnings results and previews the upcoming reports of JPMorgan and Wells Fargo.
Citi (C) Q4 Earnings Beat on Low Expenses, Revenues Disappoint
by Zacks Equity Research
Citigroup (C) delivers positive earnings surprise of 3.9% in fourth-quarter 2018 on expense control.
Citigroup, JPMorgan, Wells Fargo, Goldman Sachs and Morgan Stanley are part of Zacks Earnings Preview
by Zacks Equity Research
Citigroup, JPMorgan, Wells Fargo, Goldman Sachs and Morgan Stanley are part of Zacks Earnings Preview
Are Bank ETFs Good Buys Before Earnings Release?
by Sanghamitra Saha
Earnings beat prospect in Q4 for banks may be bleak, but a steepening yield curve and cheaper valuation could boost bank ETFs in the near term.
4 Top Bank Stocks to Buy Ahead of Q4 Earnings
by Tirthankar Chakraborty
US government shutdown won't be much of a pain for banks in Q4, while NIMs are expected to benefit from higher short-term rates and tax cuts will magnify profit growth.
Major Banks to Release Q4 Earnings Next Week
by Zacks Equity Research
Major Banks to Release Q4 Earnings Next Week
CPI Numbers In-Line, Q4 Earnings Ramp Up Next Week
by Mark Vickery
Headline CPI was in-line with analyst estimates, with -0.1% matching projections and no revision to the previous month.
5 Big Bank Charts to Start off Earnings Season
by Tracey Ryniec
Earnings season kicks off with the big banks but which have the best charts?
Big Banks' Q4 Earnings Releases Next Week: C, JPM, WFC, BAC
by Zacks Equity Research
Performance of big banks - C, JPM, WFC and BAC - is expected to be decent in the fourth quarter amid a tough operating backdrop.
Can Wells Fargo's (WFC) Q4 Earnings Brave Mortgage Weakness?
by Zacks Equity Research
Wells Fargo's (WFC) Q4 results are likely to witness pressure on revenues, majorly due to lower fee income. Also, loan growth is expected to be modest.
Can Earnings Reports Push Bank Stocks Higher?
by Sheraz Mian
On most key operating metrics, bank performance has been very strong in the first three quarters of the year and most of those favorable trends will show up in the Q4 results as well.
Wells Fargo (WFC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
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) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
Wells Fargo (WFC) closed the most recent trading day at $47.64, moving -0.65% from the previous trading session.
The Zacks Analyst Blog Highlights: Wells Fargo, IBERIABANK, Wintrust Financial and BB&T
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Wells Fargo, IBERIABANK, Wintrust Financial and BB&T
Apple, JPMorgan and Wells Fargo are part of Zacks Earnings Preview
by Zacks Equity Research
Apple, JPMorgan and Wells Fargo are part of Zacks Earnings Preview