Big bank earnings signal caution as revenues miss expectations [Los Angeles Times (CA)]
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: Los Angeles Times
Big bank earnings signal caution as revenues miss expectations Two of the nation’s largest banks on Tuesday reported mixed earnings results for the end of last year, a potential caution sign on the state of the economy heading into 2019. Wells Fargo & Co. and JPMorgan Chase & Co. both missed expectations on revenue for the October-through-December period. Wells Fargo’s profit also fell slightly compared with a year earlier as the bank continued to deal with a cap on its assets put in place by federal regulators after a series of scandals — a restriction that is now expected to remain in place through the end of the year. “We’re making progress,” said Chief Executive Tim Sloan, who disclosed the new estimate on the cap’s length during Tuesday’s earnings call. “It’s just happening a little slower than we originally had anticipated. But we’ll get there.” The $6.06 billion in profit from October through December that Wells Fargo reported was down from $6.15 billion in the fourth quarter o
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
- CD Rates Today: April 25, 2024—Earn 4.85% And Up [Forbes]Forbes
- Wells Fargo (WFC) is a Great Momentum Stock: Should You Buy? [Yahoo! Finance]Yahoo! Finance
- 1863 Ventures and Wells Fargo Present the Founder to CEO Summit [Yahoo! Finance]Yahoo! Finance
- Markets Close in the Green; Mag 7 Earnings This Week [Yahoo! Finance]Yahoo! Finance
- Citigroup Selling Maple Bonds in First Sizable Deal Since 2015 [BNN Bloomberg (Canada)]BNN Bloomberg
WFC
Earnings
- 4/12/24 - Beat
WFC
Sec Filings
- 4/23/24 - Form 8-K
- 4/23/24 - Form PX14A6G
- 4/23/24 - Form 424B2
- WFC's page on the SEC website