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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) Q2 Earnings Miss, Fee Income Disappoints
by Zacks Equity Research
Wells Fargo (WFC) reports negative earnings surprise of 3.6% in second-quarter 2018 due to lower mortgage banking revenues.
Citigroup (C) Q2 Earnings Top on High Revenues, Stable Costs
by Zacks Equity Research
Citigroup (C) delivers positive earnings surprise of 5.2% in second-quarter 2018 on top-line strength.
Bank Earnings Recap, CPI Growth, Tariffs, & Venmo-Uber Partnership
by Ryan McQueeney
Associate Stock Strategists Ryan McQueeney and Ben Rains take on this week's biggest stories, including the latest in Trump's ongoing trade war with China and June's CPI data. The hosts also discuss Venmo's new partnership with Uber, and later, they recap Friday morning's top bank earnings reports.
Q2 Earnings From JPM, WFC, C and PNC
by Zacks Equity Research
Q2 Earnings From JPM, WFC, C and PNC
Diving into Q2 Earnings Season: JPM, WFC, C and PNC
by Mark Vickery
Q2 earnings season is finally upon us with this morning's influx of major Wall Street banks reporting results, including JPMorgan Chase (JPM), Citigroup (C) and Wells Fargo (WFC).
Wells Fargo's (WFC) Q2 Earnings Miss on Lower Revenues
by Zacks Equity Research
Wells Fargo came out with adjusted earnings per share of $1.08, missing the Zacks Consensus Estimate of $1.12.
Market Unimpressed with Bank Earnings
by Sheraz Mian
A big contributor to the group's recent underperformance is the flattening yield curve.
Here's What to Expect From Wells Fargo (WFC) Ahead of Q2 Earnings
by Benjamin Rains
Shares of Wells Fargo (WFC) slipped marginally during regular trading hours Thursday, just one day before the embattled baking giant releases its latest quarterly financial results. Investors seemed just a little hesitant ahead of the report, but WFC is still a stock to pay close attention to once the results are in.
JPMorgan (JPM) Adds 0.4% Ahead of Earnings: What To Watch
by Ryan McQueeney
Shares of JPMorgan Chase (JPM) added about 0.4% during regular hours Thursday, the last day of trading before it releases its latest quarterly earnings report. Investors displayed some apathy ahead of the report, but this is certainly still a stock to watch once the full results are in.
Bank Earnings Preview, & Trending Stocks: AVGO, NFLX, AMZN | Free Lunch
by Ryan McQueeney
Ryan McQueeney touches on the latest analyst sentiment and investor reactions to news affecting trending stocks like Broadcom (AVGO), Netflix (NFLX), and Amazon (AMZN). Later, he is joined by Dave Bartosiak to preview Friday morning's big bank earnings reports.
Zacks Earnings Trends Highlights: JPMorgan, Wells Fargo and Citigroup
by Zacks Equity Research
Zacks Earnings Trends Highlights: JPMorgan, Wells Fargo and Citigroup
Big Banks - WFC, C, PNC & JPM - Set to Release Q2 Earnings
by Zacks Equity Research
Major banks -- JPMorgan (JPM), Wells Fargo (WFC), Citigroup (C) and PNC Financial (PNC) -- set to report second-quarter 2018 earnings tomorrow, before the opening bell.
How Are Financial ETFs Placed Before Q2 Earnings Release?
by Sanghamitra Saha
Though chances of a broad-based earnings beat are low in Q2 per the ESP trend, the outlook seems bright for financial ETFs, the outlook seems bright for financial ETFs.
Big Banks' Q2 Earnings, PPI And More
by Zacks Equity Research
Big Banks' Q2 Earnings, PPI And More
Dawn of a New Q2 Earnings Season
by Mark Vickery
We???re still pretty quiet here on the Western front, awaiting the deluge of Q2 earnings results that begins with the spigot opening for big banks ??? JPMorgan (JPM), Citigroup (C) and Wells Fargo (WFC) among them.
Stock Market News For Jul 11, 2018
by Zacks Equity Research
U.S. stock markets continues their winning streak for the fourth straight session as all three major indexes ended up in positive territory on Tuesday
Will Legal Hassles Impact Wells Fargo's (WFC) Q2 Earnings?
by Zacks Equity Research
Wells Fargo's (WFC) mortgage business might have slowed down in the Apr-Jun quarter. Ongoing litigation hassles are predicted to have escalated the banking giant's expenses.
Trading & Interest Income to Support BofA (BAC) Q2 Earnings
by Zacks Equity Research
Normalized trading levels and modest rise in interest income will likely drive BofA's (BAC) Q2 earnings.
Trading & Loan Growth to Drive JPMorgan's (JPM) Q2 Earnings
by Zacks Equity Research
Normalized trading and decent loan growth are expected to support JPMorgan's (JPM) Q2 earnings.
Start of Q2 Earnings Season
by Sheraz Mian
For the S&P 500 index as a whole, total Q2 earnings are expected to be up +19.1%
Start of Q2 Earnings Season
by Sheraz Mian
For the S&P 500 index as a whole, total Q2 earnings are expected to be up +19.1%
Oil Outlook and Q2 Earnings Season Preview | Free Lunch
by Ryan McQueeney
Ryan McQueeney recaps the new earnings results from PepsiCo (PEP) and highlights the oil industry as prices continue to tick higher on the back of growing supply concerns. Later, he is joined by Dave Bartosiak to preview the upcoming Q2 earnings season.
Q2 Earnings Season In Focus
by Zacks Equity Research
Q2 Earnings Season In Focus
What's Sparking Market Futures? Big Q2 Results
by Mark Vickery
There is a bright, shining beacon markets appear to be attracted to currently: Q2 earnings season.
Q2 Earnings to Power Wall Street Gains: Top 6 Picks
by Tirthankar Chakraborty
Analysts look for a strong Q2 earnings season, after solid jobs data spur a welcome shift in market narrative. Total earnings are estimated to improve 19% from the same period last year on 8.2% higher revenues.