Wells Fargo (WFC) Q1 Earnings Beat on Higher NII, Lower Costs

02:08pm, Thursday, 14'th Apr 2022 Zacks Investment Research
Higher net interest income, provision benefits, loans and fall in costs aid Wells Fargo's (WFC) Q1 earnings. A decline in fee income and dismal mortgage business performance are undermining factors.
If investors fail to grasp the implications of a prolonged stalemate between Russia and Ukraine, it won't be the first time they've been on the wrong page.
JPMorgan, Bank of America, Wells Fargo, and Goldman Sachs are part of Zacks Earnings Trends Article.

Wells Fargo (WFC) Q1 Earnings Surpass Estimates

12:05pm, Thursday, 14'th Apr 2022 Zacks Investment Research
Wells Fargo (WFC) delivered earnings and revenue surprises of 8.64% and 1.02%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Pre-Open Movers U.S. stock futures traded with a marginal dip in premarket trade after the Nasdaq Composite index closed at 13,643.59, a rise of around 272 points. The premarket started with a slight

Mixed Start to Q1 Earnings Season

09:50pm, Wednesday, 13'th Apr 2022 Zacks Investment Research
The JPMorgan (JPM) earnings 'miss' is hardly an outlier development in the 2022 Q1 reporting cycle. What we are seeing at this admittedly early stage is that while companies are easily beating top-lin

Mixed Start to Q1 Earnings Season

09:47pm, Wednesday, 13'th Apr 2022 Zacks Investment Research
The JPMorgan (JPM) earnings 'miss' is hardly an outlier development in the 2022 Q1 reporting cycle. What we are seeing at this admittedly early stage is that while companies are easily beating top-lin
A major New York State retirement fund will support shareholder resolutions calling for the six largest banks to stop financing fossil-fuel expansion.
JPMorgan Chase, Bank of America, Wells Fargo, Goldman and Citi earnings to reflect mixed landscape from Russia sanctions to a capital markets slowdown.

5 Big Bank Earnings Charts

04:01pm, Tuesday, 12'th Apr 2022 Zacks Investment Research
Bank stocks are down in 2022. With the Fed raising rates, are the big banks a buying opportunity?

Subdued NII, IB Fees to Hurt Wells Fargo's (WFC) Q1 Earnings

12:56pm, Tuesday, 12'th Apr 2022 Zacks Investment Research
Despite an improving lending scenario, Wells Fargo's (WFC) Q1 NII is likely to have declined. A fall in mortgage banking revenues and investment banking fees might have hurt fee income.
JPMorgan, Citigroup, Wells Fargo, Goldman Sachs, and Morgan Stanley are part of the top Analyst Blog.

What's in Store for Bank ETFs This Earnings Season?

12:00pm, Tuesday, 12'th Apr 2022 Zacks Investment Research
Big banks will start releasing their quarterly numbers this week. Given a hawkish Fed but risk-off trade sentiments due to the Russia-Ukraine war, the yield curve has flattened and weighed on banks' e
Citi analyst Keith Horowitz upgrades Wells Fargo on capital flexibility and asset sensitivity and say M&T Bancorp remains a top pick.
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