Search results
- The biggest US bank stocks have been trouncing the broader market this year, but their rally got a brake-check once again from earnings results that underwhelmed investors. Wells Fargo & Co. sank 6% for its worst earnings-day drop in more than three years after a net interest income miss.
People also ask
Why did Wells Fargo stock rise in Monday premarket?
Why is JPMorgan stock falling?
What happened to JP Morgan and Wells Fargo?
What happened to Wells Fargo stock?
4 days ago · Wells Fargo & Co. sank 6% for its worst earnings-day drop in more than three years after a net interest income miss. Citigroup Inc. slumped 1.8% as expenses were in focus, even though its markets ...
Wells Fargo reported a 2.3% earnings decline to $1.20 per share while total revenue rose about 1% to $20.86 billion. Analysts predicted earnings to fall 13.8% to $1.06 per share on a 2.5%...
5 days ago · Price as of July 12, 2024, 4:00 p.m. ET. The quarter was fine, but the guidance failed to impress. Banking giant Wells Fargo ( WFC -6.02%) reported earnings results today, surpassing quarterly ...
Apr 12, 2024 · After outperforming the sector and the broader equity market for at least a year, JPMorgan (JPM) led losses among the big-bank stocks with a drop of 5.6%. Citigroup fell 0.8% (C) and Wells...
5 days ago · In the quarter ended June 30, Wells Fargo’s revenue increased 0.8% year-over-year to $20.7 billion despite a 9.4% year-over-year decline in net interest income to $11.9 billion. Its earnings per ...
4 days ago · Wells Fargo earnings rose 6.4% to $1.33 per share, ahead of views of a 3.2% increase. Total revenue ticked up slightly to $20.69 billion, while FactSet expected a 1.2% decline.
5 days ago · Here’s why Wells Fargo stock is down 7% despite the bank’s quarterly earnings beat. Published Fri, Jul 12 202411:54 AM EDT. Morgan Chittum @morgan_chittum. VIDEO 09:50.
