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Zacks News
Wells Fargo Sued by Navajo Nation for Unfair Sales Practices
by Zacks Equity Research
Wells Fargo's (WFC) litigation expenses are likely to dominate its fourth-quarter results.
Rate Hike to Propel Banks Higher: 5 Strong Choices
by Swarup Gupta
A near certain rate hike post the next Fed meeting will only boost banks higher.
Bank Stock Roundup: Senate Tax Bill Raises Investors' Confidence, WFC & BofA in Focus
by Zacks Equity Research
Investors' optimism on expectations of improved earnings performance on the back of lower taxes has driven banking stocks higher.
OCC Stops Removal of In-House Examiners: Banks to Benefit?
by Zacks Equity Research
Over the long term, banks could gain from the OCC's policy change that halts relocation of on-site regulatory supervisors.
Wells Fargo's (WFC) Insurance License Likely to Get Revoked
by Zacks Equity Research
Wells Fargo (WFC) gets another blow from the Californian regulator, but the company has already vended most of its insurance practices.
Citigroup (C) to Witness Lower Trading Revenues in Q4
by Zacks Equity Research
Citigroup (C) is one of the many banks to report lower trading income in Q4. Though the company is optimistic about long-term benefits from lower taxes, a high one-time charge is expected in the near term.
Wells Fargo CEO Looks Optimistic About Q4 C&I Loans Scenario
by Zacks Equity Research
Continued scrutiny of operations along with Wells Fargo's (WFC) rising legal costs remain major concerns, but the CEO looks optimistic on C&I Loans Scenario.
The Business of Major League Soccer Ahead of MLS Cup
by Benjamin Rains
Welcome to the ninth episode of Full-Court Finance, the podcast from Zacks Investment Research focused on the intersection of sports, business, and the stock market. On this week's episode, we dive into the business of Major League Soccer ahead of Saturday's championship matchup between the Seattle Sounders and Toronto FC.
The Zacks Analyst Blog Highlights: PNC Financial Services Group, Wells Fargo, Citigroup and BlackRock
by Zacks Equity Research
The Zacks Analyst Blog Highlights: PNC Financial Services Group, Wells Fargo, Citigroup and BlackRock
BofA (BAC) Racing Past Other Banks Since 2016: Here's How
by Zacks Equity Research
Driven by fundamental strengths and improving economy, BofA (BAC) is likely to retain its top spot among the big banks.
Here's Why Big Bank Stocks Climbed Today
by Ryan McQueeney
Shares of the country's largest banks--including Bank of America (BAC), Citigroup (C), Wells Fargo (WFC), and JPMorgan Chase (JPM)--gained on Wednesday.
5 Bank Stocks to Buy on Jerome H. Powell Testimony
by Tirthankar Chakraborty
Powell believes some bank regulations can be rolled back and the case for December rate hike has strengthened.
Wells Fargo (WFC) Set to Close Personal Insurance Business
by Zacks Equity Research
Following the strategic analysis of its business which began in October 2017, Wells Fargo (WFC) is set to exit the Personal Insurance business.
Forget Wells Fargo (WFC), Add These 4 Bank Stocks Instead
by Zacks Equity Research
Investing in value-oriented stocks at the right time makes Wells Fargo (WFC) an unfavorable pick for investors.
Quality Dividend ETFs to Tackle Uncertainty
by Zacks Equity Research
Consider these 3 dividend ETFs for your portfolio to fight growing market uncertainty.
Wells Fargo Faces Legal Issues, High Costs: Time to Sell?
by Zacks Equity Research
Wells Fargo (WFC) is under pressure on legal issues and elevated costs, despite efficiency initiatives.
House Approves $1.5-Trillion Tax Reform Bill: Top 5 Gainers
by Tirthankar Chakraborty
Double down on the hottest banking and tech bigwigs as well as small-cap players as they stand to gain the most from the House's approval of GOP's tax cut plan.
Wells Fargo Reduces Sales Force at Card-Processing Unit
by Zacks Equity Research
Wells Fargo (WFC) restructures its card processing venture for small businesses tocope with current volumes.
Wells Fargo Launches Robo-Advisor to Attract Young Investors
by Zacks Equity Research
Wells Fargo (WFC) launched a hybrid service, which is both digital and low-cost option for investing.
Trump's Tax Plan to Aid Tech Firms, Increase Debt Load for US
by Zacks Equity Research
The latest report from CEA reveals that Trump's tax plan will drive the U.S. economy to new highs.
Senate Passes $4-Trillion Budget Blueprint: Top 5 Winners
by Tirthankar Chakraborty
Trump's tax cut plan gains momentum as the Senate approved a budget blueprint for fiscal 2018 by a 51-to-49 vote.
Q3 Beats from Big Banks Fail to Boost Financial ETFs
by Sanghamitra Saha
Most of the big banks beat on both lines in the third quarter, which were not enough to push financial ETFs higher.
BB&T Corp (BBT) Q3 Earnings as Expected, Revenues Rise Y/Y
by Zacks Equity Research
BB&T Corporation's (BBT) third-quarter results reflect top-line strength and lower provisions, partially offset by higher expenses.
BancorpSouth's (BXS) Q3 Earnings Beat Estimates, Costs Down
by Zacks Equity Research
Driven by improvement in net interest revenues and lower expenses, BancorpSouth (BXS) beats Q3 earnings estimates.
Texas Capital (TCBI) Beats Q3 Earnings & Revenue Estimates
by Zacks Equity Research
Texas Capital Bancshares' (TCBI) third-quarter results reflect solid growth in loans and deposit balances along with lower provisions.