Big banks shine in Q4, but risks loom ahead

11:26am, Wednesday, 15'th Jan 2025
Big banks like JP Morgan (JPM), Citigroup (C), Goldman Sachs (GS), and Wells Fargo (WFC) reported strong profits in quarter four, ignited by a rebound in dealmaking and investment banking. Chris Whale
While the top- and bottom-line numbers for Wells Fargo (WFC) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics com

Big Bank Earnings Beats: JPM, GS, C, WFC, BLK

10:15am, Wednesday, 15'th Jan 2025
Earnings season had a strong starts thanks to big banks posting plenty of positive numbers. Alex Coffey turns to a macro perspective of big banks by analyzing the sector.
On Wednesday, Wells Fargo & Company WFC reported a net income of $5.08 billion, up 47% year over year in the fourth quarter of 2024. The bank reported GAAP EPS of $1.43, beating the consensus of $1.3

Wells Fargo (WFC) Beats Q4 Earnings Estimates

08:56am, Wednesday, 15'th Jan 2025
Wells Fargo (WFC) came out with quarterly earnings of $1.42 per share, beating the Zacks Consensus Estimate of $1.34 per share. This compares to earnings of $1.29 per share a year ago.
Shares in Wells Fargo & Co (NYSE:WFC, ETR:NWT) traded 3.3% higher pre-market on Wednesday on the back of earnings that beat Wall Street predictions and CEO Charlie Scharf saying the bank is "still i
Banks are seeing strong price gains in premarket trading so far, but keep in mind that CPI numbers will release at 8:30 a.m.
JPMorgan (JPM) and Wells Fargo (WFC) beat forecasts, boosting Dow futures 200 points. Will CPI data sustain the rally or reverse market gains?

Wells Fargo Stock Climbs as Earnings Top Estimates

07:25am, Wednesday, 15'th Jan 2025
Wells Fargo (WFC) shares climbed in pre-market trading Wednesday after the bank reported fourth-quarter profit and net interest income that topped analysts' estimates.
CNBC's Leslie Picker joins 'Squawk Box' to report on the company's quarterly earnings results.
The lender expects 2025 net interest income, a key measure of what a bank makes on lending, to be 1% to 3% higher than 2024's number of $47.7 billion.
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) has released its fourth quarter 2024 financial results. The financial results are available online at https://www.wellsfargo.com/about
Wells Fargo's profit climbed in the fourth quarter, buoyed by stronger investment banking earnings, it said on Wednesday.
U.S. stock futures advanced on Wednesday following Tuesday's mixed close. Futures of all four major indices rose in premarket trade.
The Office of the Comptroller of the Currency (OCC) has completed the enforcement actions it pursued against 11 former Wells Fargo senior bank executives. Three enforcement actions announced Tuesda
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