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San Francisco-based – Wells Fargo & Company is one of the largest financial services company in the U.S. with $1.95 trillion in assets and more than $1.4 trillion in deposits. The company provides banking, insurance, trust and investments, mortgage banking, investment banking, retail banking, brokerage services and consumer and commercial finance through over 7,200 stores, 13,000 ATMs, the internet and other distribution channels across North America and globally. The company provides its services through three broad segments: Community Banking offers a complete line of diversified financial products and services to consumers and small businesses, including checking and savings accounts, credit and debit cards, and auto, student, and small business lending. Wholesale Banking provides financial solutions to businesses across the United States and globally with annual sales generally in excess of $5 million. Wealth and Investment Management provides a full range of personalized wealth management, investment and retirement products and services to clients across U.S. based businesses.
Will Mortgage Banking Aid Wells Fargo's (WFC) Q3 Earnings?
by Zacks Equity Research
In a reversal in trend, Wells Fargo's (WFC) mortgage banking performance is projected to have improved in the July-September quarter. However, ongoing litigation hassles may escalate the bank's expenses.
Strong Consumer Banking to Support Citigroup (C) Q3 Earnings
by Zacks Equity Research
Revenues from consumer banking business are expected to lend support to Citigroup's (C) Q3 performance. Decline in trading and investment banking revenues might reflect on bottom-line numbers.
5 Stocks Likely to Win Big Next Week on Q3 Earnings
by Nalak Das
It will be prudent to invest in stocks with a favorable Zacks Rank and positive Earnings ESP. Strong earnings results will likely ensure a northbound move in stock prices of these companies.
Muted Interest Income to Mar First Republic (FRC) Q3 Earnings
by Zacks Equity Research
First Republic's (FRC) Q3 results are likely to reflect lower investment management revenues, muted interest income and higher expenses.
What to Expect from Q3 Earnings Season with Big Banks Set to Report?
by Sheraz Mian
For Q3 as a whole, total earnings for the index are expected to decline -5% from the same period last year on +4.2% higher revenues, with 11 of the 16 Zacks sectors expected to have lower earnings compared to the year-earlier period...
Why the Earnings Surprise Streak Could Continue for Wells Fargo (WFC)
by Zacks Equity Research
Wells Fargo (WFC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Credit Suisse (CS) Plans a Comeback in U.S. Private Banking
by Zacks Equity Research
Credit Suisse (CS) seeks to boost presence in the United States, and target wealthy Latin Americans through its new unit.
Wells Fargo (WFC) Dips More Than Broader Markets: What You Should Know
by Zacks Equity Research
Wells Fargo (WFC) closed at $47.92 in the latest trading session, marking a -1.83% move from the prior day.
What's Next for Altria (MO) Stock After Kroger (KR), Walmart (WMT), and Other Retailers Abandon E-Cigarette Sales?
by Christopher Vargas
Supermarket giant Kroger (KR) became the latest retailer to discontinue the sale of electronic cigarettes amid regulatory scrutiny.
Wells Fargo (WFC) Reports Next Week: Wall Street Expects Earnings Growth
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.
Citigroup, JPMorgan, Wells Fargo and Micron are part of Zacks Earnings Preview
by Zacks Equity Research
Citigroup, JPMorgan, Wells Fargo and Micron are part of Zacks Earnings Preview
Bank Stock Roundup: Restructuring Efforts, Lawsuits, Wells Fargo & BofA in Focus
by Swayta Shah
Major banks continue with their efforts to diversify revenues amid a challenging operating backdrop.
Big Bank Earnings Preview and Early Q3 2019 Results
by Sheraz Mian
Estimates have been steadily coming down for banks, with JPMorgan's Q3 EPS estimate of $2.42 down from $2.50 three months back. We see a similar trend for full-year 2019 and 2020 estimates for JPMorgan and most of its peers...
Wells Fargo (WFC) Stock Moves -1.18%: What You Should Know
by Zacks Equity Research
Wells Fargo (WFC) closed at $48.48 in the latest trading session, marking a -1.18% move from the prior day.
Shockwave Hits Brokerage Firms After Charles Schwab Slashes Commissions
by Christopher Vargas
Charles Schwab (SCHW) sent a shockwave through the investment bank industry after it announced that they would be slashing their commission fees to zero.
The Zacks Analyst Blog Highlights: Visa, Procter & Gamble, Coca-Cola, Wells Fargo & Company and NVIDIA
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Visa, Procter & Gamble, Coca-Cola, Wells Fargo & Company and NVIDIA
Two Bank of Montreal Units to Pay $38M to Settle SEC Charges
by Zacks Equity Research
Two advisory units of Bank of Montreal (BMO) agree to pay $38 million to settle the SEC's charges that they disproportionately invested clients' assets in in-house funds.
Bulls In The 2019 IPO Market
by Daniel Laboe
This year's IPOs have not all been tragic with some firms performing above and beyond what analysts projected.
Company News For Sep 30, 2019
by Zacks Equity Research
Companies In The News Are: WFC,PFE,LTM,DAL,LVS,NKTR
Wells Fargo Hands Over Turnaround Task to BNY Mellon's CEO
by Zacks Equity Research
Wells Fargo (WFC) keeps its promise to appoint an outsider as CEO as this would provide a fresh approach in dealing with the problems.
MS, BAC Plan to Further Expand Wealth Management Operations
by Zacks Equity Research
Efforts by Morgan Stanley (MS) and Bank of America (BAC) to further diversify wealth management businesses are expected to support revenue growth.
Top Research Reports for Visa, Procter & Gamble & Coca-Cola
by Mark Vickery
Today's Research Daily features new research reports on 16 major stocks, including Visa Inc. (V), The Procter & Gamble Company (PG) and The Coca-Cola Company (KO)
Wells Fargo (WFC) Stock Moves -0.63%: What You Should Know
by Zacks Equity Research
Wells Fargo (WFC) closed at $48.65 in the latest trading session, marking a -0.63% move from the prior day.
BofA (BAC) Under CFPB Investigation for Unauthorized Accounts
by Zacks Equity Research
The CFPB is investigating Bank of America (BAC) to find if it opened unauthorized customer accounts back in 2014.
Bank Stock Roundup: Fed Cuts Rate, JPMorgan, U.S. Bancorp & Wells Fargo in Focus
by Zacks Equity Research
Federal Reserve's second rate cut this year likely to impact banks' net interest margin.