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Stock impact report

Are The Big Banks In A Boring Stage? [Seeking Alpha]

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: Seeking Alpha
Are The Big Banks In A Boring Stage? Summary The largest banks have released their earnings for the first quarter and seem to be in what one reporter calls "a boring stage." What this means is that a large part of the bank earnings is coming from steady sources of income and not volatile trading or deal making. Is this where the Fed wants things to be and what does this mean for investors interested in the banking area? We have just gone through an interesting earnings season for the biggest US financial institutions. And, then we get headlines like this: “ Boring Banking Is Exciting Again in the US Robert Armstrong writes: Boring banking is exciting again. The stars of the first-quarter earnings season at the big US banks were not high-powered dealmakers, brilliant bond traders or wizards of corporate finance. They were tellers, mobile apps and credit cards.” Mr. Armstrong then quotes Charles Peabody of Portales Partners, Look at the banks’ different businesses — corporate and invest Show less Read more
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