Scott Wren, Wells Fargo, joins 'Closing Bell' to discuss the trading day and small caps.
Former Wells Fargo CEO Richard Kovacevich joins 'Money Movers' to discuss the recent rally in financials, why certain stocks could have a good run right now, and the former chief executive's thoughts
Wells Fargo's stock (NYSE: WFC) has lost 17% YTD, as compared to the 18% rise in the S&P500 index over the same period. In sharp contrast, Wells Fargo's peer, Bank of America (NYSE: BAC), is up 25% YT
Capital One Financial is trading for a discount to book value and has some interesting long-term growth opportunities. Wells Fargo could have some major catalysts in the next couple of years.
Wells Fargo's Q2 earnings showed a slight top-line and bottom-line beat, with an unchanged NII guidance that led to an initial market drop that recovered throughout the day. Net interest income has de
Bond yields for three of the four biggest money-center banks have continued to tighten against Treasurys following their earnings updates, in a positive sign of demand ahead of billions of dollars in
Shares of Wells Fargo & Co WFC recovered slightly in early trading on Monday, after tanking on Friday, following the second-quarter results.
Wells Fargo beat on the top and bottom lines in the second quarter, but its net interest income was a disappointment. Most of the headwinds affecting Wells Fargo's business are temporary in nature.
The second quarter of the 2024 earnings season has just kicked off, and the financial sector is again under the spotlight. Bank stocks are leading the pack in letting markets know how the economy is d
Wells Fargo's recent earnings disappointed investors, but there's a lot to like from a long-term perspective.
We see the Q2 results from the major banks as good enough - not great, but definitely not bad either. The stocks' outperformance entering this reporting cycle contributed to the market's tentative ini
After briefly hitting the pause button on the market rally on Thursday, major U.S. equities indexes roared back on Friday.

What We Learned From Big Bank Earnings Friday

06:20pm, Friday, 12'th Jul 2024
Earnings at two of the three large U.S. banks that traditionally launch the financial sector's quarterly earnings season exceeded investors' expectations Friday. But their income statements revealed t
David Konrad, KBW managing director, joins 'Power Lunch' to discuss his takeaways from big bank earnings.
Wells Fargo CFO Mike Santomassimo breaks down the bank's second-quarter earnings report on "Bloomberg The Close." Expenses for the quarter climbed 2% to $13.3 billion, according to a statement Frida
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