The rise in non-interest income and lower provisions support Wells Fargo's (WFC) Q2 earnings while lower net interest income and a rise in expenses act as headwinds.
Erika Najarian, UBS managing director, joins 'Squawk on the Street' to discuss second-quarter earnings reports from JPMorgan, Wells Fargo, and Citi.

PPI Swells Higher, Big Banks Beat Q2 Estimates

11:21am, Friday, 12'th Jul 2024
Today's PPI numbers were not quite as accommodating as yesterday's CPI.
The headline numbers for Wells Fargo (WFC) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estima
Wells Fargo (WFC) shares sank Friday after the lender reported a slump in second-quarter net interest income that offset higher-than-forecast results.
Stephanie Link, Hightower chief investment strategist, joins 'Squawk Box' to break down the quarterly earnings results from JPMorgan Chase and Wells Fargo.
CNBC's Leslie Picker joins 'Squawk Box' to report on the bank's quarterly earnings results.
Wells Fargo & Co (NYSE:WFC, ETR:NWT) shares dropped premarket after the bank reported lower-than-expected net interest income for Q2. Despite a net income of $4.9 billion and an earnings per share (EP
SAN FRANCISCO--(BUSINESS WIRE)--Expedia Group, Inc. (NASDAQ: EXPE), one of the world's largest online travel platforms, has finalized a multiyear agreement with Wells Fargo (NYSE: WFC) and Mastercard
Wells Fargo (WFC) came out with quarterly earnings of $1.33 per share, beating the Zacks Consensus Estimate of $1.27 per share. This compares to earnings of $1.25 per share a year ago.
U.S. stock futures were mixed this morning, with the Dow futures gaining around 10 points on Friday.
The major index futures traded narrowly mixed early Friday as the imminent release of the June producer price inflation report kept traders on edge as they await confirmation that inflation is sustain
The San Francisco-based bank recorded $11.92 billion in net interest income, a key measure of what a bank makes on lending, marking a 9% year-over-year decline.

Wells Fargo profit falls on deposit costs

06:59am, Friday, 12'th Jul 2024
Wells Fargo's second-quarter profit declined and it missed estimates for interest income as the lender shelled out more to hold on to customers' deposits amid intense competition, sending its shares d

Markets Sell the News After Satisfying CPI

07:01pm, Thursday, 11'th Jul 2024
The Inflation Rate came in better than expected for a soft landing, but the S&P and Nasdaq posted their worst trading day in two months.
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