First-quarter bank earnings are rolling in, and it's increasingly looking like big banks are coming under pressure from higher interest rates, as they have gradually had to lift interest rates on deposits to stay competitive. In light of those challenges, Wells Fargo (NYSE: WFC) predicted a 7% to 9% ...
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Image source: The Motley Fool. Wells Fargo (NYSE: WFC) Q1 2024 Earnings Call Apr 12, 2024, 10:00 a.m. ET Operator Continue reading
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Banking giants JPMorgan Chase & Co. (NYSE: JPM), Wells Fargo & Company (NYSE: WFC), and Citigroup Inc. (NYSE: C) reported their earnings results for the first quarter of 2024 on Friday, with all three surpassing market expectations. Here’s a look at their performance for the first quarter: JPMorgan JPMorgan’s ...
alphastreetusx:cusx:jpmusx:wfc
Wells Fargo & Company (NYSE: WFC) reported first quarter 2024 earnings results today. Total revenue rose 1% year-over-year to $20.8 billion. Net income decreased 7% to $4.6 billion while EPS dropped 2% to $1.20. The top and bottom line numbers surpassed estimates but the stock stayed red in premarket ...
alphastreetusx:wfc
In this video, Motley Fool contributor Jason Hall breaks down what he's looking for on April 12 when JPMorgan Chase (NYSE: JPM), Citigroup (NYSE: C), and Wells Fargo (NYSE: WFC) all release their first-quarter financial results. *Stock prices used were from the afternoon of April 8, 2024. The video was ...
motleyfoolusx:cusx:jpmusx:wfc
A slew of major banks will report their earnings results for the first quarter of 2024 by the end of this week and over the next. JPMorgan Chase & Co. (NYSE: JPM), Wells Fargo & Company (NYSE: WFC), and Citigroup Inc. (NYSE: C) are scheduled to report their financial results on Friday, April 12, before ...
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