2 Major Regional Banks to Buy on High Rates, Economic Growth [Yahoo! Finance]
Wells Fargo & Company (WFC)
Last wells fargo & company earnings: 4/14 07:46 am
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Source: Yahoo! Finance
Solid economic growth and modest loan demand will also support banks' financials in the near term. Business restructuring/expansion initiatives and digitization will offer support. Though weakening asset quality is likely to exert pressure on the financials to some extent, major banks like Wells Fargo & Company WFC and Northern Trust Corporation NTRS are worth investing in. About the Industry The Zacks Major Regional Banks industry includes the nation's largest banks in terms of assets, with most operating globally. The financial performance of these banks largely depends on the nation's economic health. As the banks are involved in several complex financial activities, they are required to meet the stringent regulations set by the Federal Reserve and other agencies. Apart from traditional banking services, which are the source of the net interest income (NII), major regional banks provide a wide array of other financial services and products to retail, corporate and institution
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WFC
News
- Nanopath Receives $4 Million in Grants from National Institutes of Health and National Science Foundation [Yahoo! Finance]Yahoo! Finance
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- Traders Flock to China ETFs on Optimism Driven by Policy Support [BNN Bloomberg (Canada)]BNN Bloomberg
- May 20, 2024: Highest CD Rates Today: Earn Up To 5.40% [Forbes]Forbes
WFC
Earnings
- 4/12/24 - Beat
WFC
Sec Filings
- 5/20/24 - Form 3
- 5/20/24 - Form 424B2
- 5/17/24 - Form 424B2
- WFC's page on the SEC website