Sarah House, Wells Fargo, and Keith Fitz-Gerald of the Fitz-Gerald Group discuss the likelihood of a 100 basis point hike following the hot CPI print that came out on Wednesday.
Wells Fargo CFO Mike Santomassimo talks about the latest earnings report, the impact of higher rates and inflation on customers, the mortgage market and the bank's credit portfolio. He's on "Bloomber
Both JPMorgan and Citi showed strength in Main Street banking, helping partly offset weakness in Wall Street activities
Kenneth Leon, CFRA Research, Director of Research, reviews what Big Bank earnings may hold for the economic outlook and the Fed's interest rate hikes.
Shares of Wells Fargo & Co (NYSE: WFC) are up 8.0% on Friday even after the financial services company reported a 48% hit to its Q2 profit and revenue that came in shy of Wall Street estimates. Wells

3 Stocks That Drove the Dow's 650-Point Gain

04:37pm, Friday, 15'th Jul 2022
Investors bought stocks in one sector, in particular, as part of the Dow's relief rally today.

Why Shares of Bank of America Are Rising Today

04:27pm, Friday, 15'th Jul 2022 The Motley Fool
Other large banks reported second-quarter earnings results this morning.
Mike Santomassimo, Wells Fargo CFO, joins 'Closing Bell' to discuss the company's quarterly earnings results, how he is considering the future of housing and whether Wells Fargo is seeing signs of rec
Gainers United Maritime Corporation (NASDAQ: USEA) shares jumped 180.9% to $6.19. United Maritime, on Tuesday, announced acquisition of four oil tankers and filed for stock offering on Wednesday. Ce

Why Shares of Wells Fargo Are Rising Today

03:44pm, Friday, 15'th Jul 2022 The Motley Fool
The bank reported second-quarter earnings results this morning.
Citigroup CEO Jane Fraser says the bank continues to execute its strategy with 'discipline and urgency'
U.S. stocks traded higher this morning, following the release of several earnings results and economic reports. Following the market opening Friday, the Dow traded up 1.39% to 31,054.43 while the NASD

Wells Fargo (WFC) Q2 Earnings Lag on Provisions, Weak Mortgage

01:52pm, Friday, 15'th Jul 2022 Zacks Investment Research
Higher provisions, fall in origination volume and lower fee income hurt Wells Fargo's (WFC) Q2 earnings.

Wells Fargo: Downside Already Priced In

01:32pm, Friday, 15'th Jul 2022
Wells Fargo recently reported second quarter earnings on July 15 and missed revenue and EPS estimates. The underperformance is due to a steep decline in noninterest income, however, net interest incom
Shares of Wells Fargo & Co (NYSE: WFC) are up 8.0% on Friday even after the financial services company reported a 48% hit to its Q2 profit and revenue that came in shy of Wall Street estimates. Wells
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