(Reuters) -Wells Fargo's profit beat expectations in the first quarter as the bank cut costs and set aside less money to cover potential loan losses, but its CEO warned on Friday that U.S. tariffs ris
Profits at major U.S. banks beat forecasts in the first quarter as stock trading jumped, but executives warned on Friday that sweeping tariffs could fuel risks and weigh on economic growth.
Wells Fargo & Co (NYSE:WFC, ETR:NWT) shares edged lower before Friday's opening bell as the bank posted a year-over-year drop in revenue to $20.15 billion, short of analyst projections of $20.7 billio

Wells Fargo (WFC) Beats Q1 Earnings Estimates

08:56am, Friday, 11'th Apr 2025
Wells Fargo (WFC) came out with quarterly earnings of $1.27 per share, beating the Zacks Consensus Estimate of $1.23 per share. This compares to earnings of $1.26 per share a year ago.
Wells Fargo (WFC) reported better-than-expected quarterly earnings, though CEO Charlie Scharf said the bank is bracing for a slower economy this year amid worries President Donald Trump's tariffs coul
Net interest income, a key measure of what a bank makes on loans, fell 6% year over year to $11.50 billion,
The financial sector (^SP500-40) is set to kick off first quarter earnings in earnest. Morningstar senior equity analyst Suryansh Sharma joins Wealth with Brad Smith to share what he's watching for as
After a rip-roaring rally yesterday, stocks resumed their sell-off today, as unrest about tariffs and U.S.-Chinese relations once again found the spotlight. The Dow Jones Industrial Average traded mor

What to Expect From the Big Bank Earnings

03:52pm, Thursday, 10'th Apr 2025
Wall Street's biggest banks begin reporting earnings on Friday as markets deal with extreme volatility and uncertainty brought on by President Donald Trump's tariff war. David George, Baird senior ban
JPMorgan Chase (JPM) will lead big bank earnings alongside Wells Fargo (WFC) and Morgan Stanley (MS). Caroline Woods notes CEO Jamie Dimon has given commentary recently suggesting downside in economic
Wells Fargo & Company WFC will release its first-quarter financial results before the opening bell on Friday, April 11.
The health of the banking sector looks moderately sound, apart from some pain points. If the economy can manage the occasional tariff-driven threat, we should see smooth sailing in bank ETFs.
I expect strong Q1 earnings from Wells Fargo, but I'm less upbeat for the remainder of the year. Investment banking activity is likely to slow down significantly in 2025, and credit risk could mount a
As bank-earnings season begins Friday with JPMorgan, investors care more about the outlook than prior results.
Both C and WFC's progress with strategic initiatives to unlock growth looks encouraging. Read on to know which is a better investment option now.
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