Image source: The Motley Fool.Wells Fargo (NYSE: WFC)Q2 2020 Earnings CallJul 14, 2020, 11:00 a.m. ETOperatorContinue reading
Related topics: US Equity Markets
Wells Fargo (NYSE: WFC) was the laggard among the three major U.S. banks reporting second-quarter earnings Tuesday morning. In contrast to peers JPMorgan Chase and Citigroup, it missed estimates badly on both the top and bottom lines.The bank took...
Related topics: Dividend, US Equity Markets, Banking, J.P. Morgan Chase & Co., Citigroup, Citi
Shares of Wells Fargo (NYSE: WFC) fell 4.6% on Tuesday, following the release of the financial services company's second-quarter results. Wells Fargo's Q2 report was underwhelming, to say the least. The bank's revenue plunged 18%, to $17.8 billion,...
Related topics: US Equity Markets, Banking
Wells Fargo (WFC) came out with a quarterly loss of $0.66 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to earnings of $1.30 per share a year ago. These figures are adjusted for non-recurring items.This quarterly...
Related topics: Earnings Per Share
24/7 Wall St. has put together a preview of Bank of America, Citigroup and some of the other major financial companies kicking off the new earnings reporting season.
Related topics: Citigroup, Citi, Goldman Sachs, J.P. Morgan Chase & Co., Banking, Bank Of America
Amazon may have backed away from telling employees to uninstall TikTok, but it seems Wells Fargo actually went through with it.
The Information reported that the San Francisco-based financial institution recently told its workers to remove TikTok...
Related topics: Amazon, Amazon (AMZN)
The banking industry has been under pressure during the COVID-19 pandemic, as low interest rates to stimulate the broader economy have hurt the industry's ability to grow profits. Wells Fargo (NYSE: WFC), in particular, has suffered as a result, in...
Related topics: Banking, US Equity Markets
The large money-center banks that will kick-off the 2020 Q2 earnings season for the sector this week have been hit hard in the ongoing pandemic-driven economic downturn.Stocks in the Zacks Major Banks industry — including JPMorgan (JPM), Wells...
Related topics: Banking, J.P. Morgan Chase & Co.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Bed Bath Beyond Inc. (BBBY): Free Stock Analysis Report Wells Fargo Company (WFC):...
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report JPMorgan Chase Co. (JPM): Free Stock Analysis Report Bank of America Corporation...
Related topics: J.P. Morgan Chase & Co., Bank Of America, Banking
Friday's top analyst upgrades and downgrades included Beyond Meat, Charter Communications, Comerica, Equifax, Fastly, Harley-Davidson, Netflix, Splunk and Wells Fargo.
Related topics: Comerica, Netflix (NFLX)
Shares of Wells Fargo (NYSE: WFC) tumbled in the first half of the year as the national bank struggled in the face of the coronavirus pandemic, which compounded problems it was already facing from its legacy scandals. According to data from...
Related topics: US Equity Markets, Banking
In the latest trading session, Wells Fargo (WFC) closed at $24.55, marking a +0.37% move from the previous day. This move lagged the S&P 500's daily gain of 0.78%. Meanwhile, the Dow gained 0.68%, and the Nasdaq, a tech-heavy index, added...
Related topics: Nasdaq, US Equity Markets
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Wells Fargo Company (WFC): Free Stock Analysis Report To read this article on...
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Wells Fargo Company (WFC): Free Stock Analysis Report State Street Corporation...
Related topics: Banking
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Charles Schwab Corporation (SCHW): Free Stock Analysis Report Wells Fargo ...
Related topics: Charles Schwab
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Charles Schwab Corporation (SCHW): Free Stock Analysis Report Wells Fargo ...
Related topics: Charles Schwab
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report JPMorgan Chase Co. (JPM): Free Stock Analysis Report The Goldman Sachs Group, Inc....
Related topics: Dividend, Fed, J.P. Morgan Chase & Co., Goldman Sachs
Dustin Diamond needs to be saved by more than the bell if he wants to keep his home in Wisconsin -- the bank is knocking on his door and looking to foreclose. The "Saved By The Bell" star owes Wells Fargo a whopping $269,329.36 -- according...
Related topics: Banking
Based on the results of its annual stress test, Wells Fargo (NYSE: WFC) would remain well above the Common Equity Tier 1 (CET1) ratio even in the event of a severe and lengthy global recession, the bank said Thursday.The stress tests, which banks...
Related topics: US Equity Markets, Banking