Wells Fargo CFO Michael Santomassimo joins 'Squawk on the Street' to discuss the outlook for Wells Fargo, operating efficiencies for the company, and comments from colleagues on other banks in the spa
Big bank executives warned a number of products and services could become uneconomical if new proposed bank capital hikes are adopted as written, but said they were hopeful they could win some changes

Big Banks Beat in Q3, Import Prices Lower

12:01pm, Friday, 13'th Oct 2023
JPMorgan, Citi and Wells Fargo all beat estimates on both top and bottom lines. So far so good for the Big Banks in Q3.

Major Banks Start Reporting Q3 Earnings

12:01pm, Friday, 13'th Oct 2023
It's the unofficial start to Q3 earnings season with the morning releases of some of the biggest banks on Wall Street. In truth, we've been seeing Q3 reports come in dribs and drabs previously this we
That was a BNY Mellon strategist summing up the market mood on Friday, as big earnings reports started rolling in from U.S. banks and tensions in the Middle East continued to build, pushing oil prices
Although the revenue and EPS for Wells Fargo (WFC) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall
David George, Baird senior analyst, joins 'Squawk Box' to discuss the quarterly earnings results from big banks, what the key takeaways are for investors, state of regional banks, and more.
Earnings season has come for Big Banks. JPMorgan Chase & Co. (JPM) beats earnings estimates on the top and bottom lines with CEO Jamie Dimon warning on interest rate pressures and geopolitical tension
Major U.S. banks on Friday reported rising profits from higher interest rates on loans, but warned the economy was slowing as customers depleted their savings.
Wells Fargo (WFC) came out with quarterly earnings of $1.39 per share, beating the Zacks Consensus Estimate of $1.25 per share. This compares to earnings of $1.30 per share a year ago.
Results from bank stocks JPMorgan Chase & Co. NYSE: JPM, Wells Fargo NYSE: WFC, and Citigroup NYSE: C are marking the start of peak Q3 earnings reporting season. The news is good, and the stocks are u
Earnings season kicked off with results from three major banks. JPMorgan Chase and Wells Fargo saw profits surge from year-ago levels.
CNBC's Becky Quick reports on the bank's quarterly earnings results.
Wells Fargo & Company (NYSE:WFC) shares moved higher before the opening bell on Friday after the bank posted an earnings beat for the third quarter. For the three months ended September 30, 2023, the
The lender now expects 2023 net interest income – the difference between what the bank earns on loans and pays out on deposits – to be about 16% higher than a year earlier.
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