After megabanks post record quarterly profit, industry has nowhere to go but down [CNBC]
Wells Fargo & Company (WFC)
Last wells fargo & company earnings: 4/14 07:46 am
Check Earnings Report
US:NYSE Investor Relations:
wellsfargo.com/about/investor-relations
Company Research
Source: CNBC
After megabanks post record quarterly profit, industry has nowhere to go but down Scott Mlyn | CNBC A Bank of America branch in New York. The two biggest U.S. banks each just posted record first-quarter profit, the result of years of work building coast-to-coast franchises that have attracted billions in customer deposits. On Friday, J.P. Morgan Chase But investors' darkest fear about the industry – that if the Federal Reserve really is done raising rates Bank of America just posted more quarterly profit "It seems like revenue growth is going to flatten out as we get into 2020, and I'm just wondering what you're thinking in terms of levers that can be pulled?" O'Connor asked Tuesday, adding that it was "obviously not just a concern for Bank of America." The problem: When the Federal Reserve raises rates, as it did four times last year, banks pocket more money as they charge more for loans. But last month the Fed indicated it would hold off on raising rates this year amid slowing econ
Show less
Read more
Impact Snapshot
Event Time:
WFC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
WFC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
WFC alerts
High impacting Wells Fargo & Company news events
Weekly update
A roundup of the hottest topics
WFC
News
- Ediphi Announces Initial Agreement with DPR Construction for their Cloud-based Preconstruction Solution [Yahoo! Finance]Yahoo! Finance
- Is Wells Fargo Stock Going to $66? 1 Wall Street Analyst Thinks So [Yahoo! Finance]Yahoo! Finance
- Wells Fargo & Company (NYSE:WFC) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- 4 Top-Performing ETF Areas of Last Week [Yahoo! Finance]Yahoo! Finance
- Why You Should Explore Upstate New York [Forbes]Forbes
WFC
Earnings
- 4/12/24 - Beat
WFC
Sec Filings
- 4/16/24 - Form 424B2
- 4/16/24 - Form 424B2
- 4/16/24 - Form 424B2
- WFC's page on the SEC website