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Zacks News
Q2 2020 Earnings Season Gets Underway
by Sheraz Mian
Including results from the major banks, we now have Q2 reports from 32 S&P 500 members, with total earnings for these 32 companies down -54.3% on -3.4% lower revenues...
Wells Fargo (WFC) Q2 Loss Wider Than Expected, Provisions Up
by Zacks Equity Research
Wells Fargo's (WFC) Q2 results reflect a decline in net interest and fee income along with higher provisions and expenses.
Big Banks Report Q2 Earnings
by Zacks Equity Research
Big Banks Report Q2 Earnings
Here Come the Big Banks with Q2 Earnings
by Mark Vickery
This morning we see Q2 results from some of the heaviest hitters on Wall Street: JPMorgan Chase (JPM), Citigroup (C) and Wells Fargo (WFC).
Wells Fargo (WFC) Reports Q2 Loss, Lags Revenue Estimates
by Zacks Equity Research
Wells Fargo (WFC) delivered earnings and revenue surprises of -312.50% and -3.76%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
5 Bank Earnings Charts to Watch This Week
by Tracey Ryniec
Second quarter earnings season is expected to be full of surprises. It'll start with the biggest banks.
JPMorgan, Wells Fargo, Citigroup, Nike and Oracle are part of Zacks Earnings Preview
by Zacks Equity Research
JPMorgan, Wells Fargo, Citigroup, Nike and Oracle are part of Zacks Earnings Preview
Should You Buy Wells Fargo (WFC) Ahead of Earnings?
by Zacks Equity Research
Wells Fargo (WFC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Wells Fargo (WFC) Prepares to Cut Jobs Amid Coronavirus Woes
by Zacks Equity Research
With an aim of improving profitability and operating efficiency, Wells Fargo (WFC) is likely to cut jobs starting later this year.
Company News for Jul 10, 2020
by Zacks Equity Research
Companies In The News Are: BBBY, WBA, HELE, WFC.
Low Rates to Mar Wells Fargo's (WFC) Q2 Earnings Amid Crisis
by Zacks Equity Research
Amid the coronavirus-induced economic crisis, lower interest rates are expected to have negatively impacted Wells Fargo's (WFC) interest income in the second quarter of 2020.
What Will Q2 Bank Earnings Reveal?
by Sheraz Mian
The large money-center banks that will kick-off the 2020 Q2 earnings season for the sector this week have been hit hard in the ongoing pandemic-driven economic downturn.
Wells Fargo (WFC) Gains But Lags Market: What You Should Know
by Zacks Equity Research
Wells Fargo (WFC) closed at $24.55 in the latest trading session, marking a +0.37% move from the prior day.
Earnings Preview: Wells Fargo (WFC) Q2 Earnings Expected to Decline
by Zacks Equity Research
Wells Fargo (WFC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Kearny Financial, MSB Financial Merger Deal to Close on Jul 10
by Zacks Equity Research
Kearny Financial (KRNY) and MSB Financial announce that their proposed merger deal will likely be completed on Jul 10, after market close.
Avoid Wells Fargo (WFC), Buy These 3 Bank Stocks Instead
by Priti Dhanuka
Investing in growth-oriented stocks at the right time makes Wells Fargo (WFC) unattractive for investors, right now.
Schwab (SCHW) Completes Acquisition of Wasmer Schroeder
by Zacks Equity Research
Schwab (SCHW) closes the buyout of Wasmer Schroeder, thus enhancing its fixed-income capabilities.
Hilltop Holdings Divests National Lloyds to Align Financial
by Zacks Equity Research
Hilltop Holdings (HTH) completes the sale of its property underwriting unit to Align Financial for $154.1 million in cash.
Associated Banc-Corp Closes Deal to Sell Insurance Business
by Zacks Equity Research
Sale of the insurance business is likely to strengthen Associated Banc-Corp's (ASB) balance sheet and liquidity position.
BGC Partners Lowers Revenue Guidance for Q2 Amid Concerns
by Zacks Equity Research
BGC Partners (BGCP) expects revenues in the second quarter to be slightly below its previously mentioned range due to weaker industry volumes.
Wells Fargo Mulls to Cut Dividend in Q3 as Fed Limits Payouts
by Zacks Equity Research
Federal Reserve's move to cap dividend based on average of income in the past few quarters is likely to make Wells Fargo (WFC) lower its dividend level.
JPMorgan May Slash Dividend if Economic Condition Worsens
by Zacks Equity Research
While JPMorgan (JPM) is likely to be able to maintain the current dividend payout in the near term, further worsening of the economic environment might compel it to cut the same.
Citi Maintains Future Dividend Payments Amid Coronavirus Woes
by Zacks Equity Research
Citigroup (C) to maintain steady payment of dividends over the next quarter and thereafter, with its solid capital and liquidity position amid the coronavirus crisis.
Wells Fargo (WFC) Gains But Lags Market: What You Should Know
by Zacks Equity Research
Wells Fargo (WFC) closed at $25.70 in the latest trading session, marking a +1.42% move from the prior day.
Stock Market News for Jun 29, 2020
by Zacks Equity Research
Benchmarks tumbled on Friday after several U.S. states rolled back some reopening measures due to the spike in new coronavirus cases, raising investors??? concern regarding economic recovery.