Here's Why JPMorgan Chase, Wells Fargo, and Citigroup Shares Are Falling Today [The Motley Fool]
Wells Fargo & Company (WFC)
Last wells fargo & company earnings: 4/14 07:46 am
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Source: The Motley Fool
Matthew Frankel, CFP(TMFMathGuy)Author BioMatt is a Certified Financial Planner based in South Carolina who has been writing for The Motley Fool since 0. Matt specializes in writing about bank stocks, REITs, and personal finance, but he loves any investment at the right price. Follow him on to keep up with his latest work!Follow @TMFMathGuyWhat happenedThe stock market isn't having an excellent day on Wednesday. As of a.m. EDT today, theDow Jones Industrial Average 00Among the worst-performing parts of the market was the financial sector, and the big banks are getting hit especially hard after reporting their first-quarter earnings.JPMorgan ChaseNYSE:JPMWells FargoNYSE:WFCCitigroupNYSE:CBanks are setting aside shocking amounts of money to cover expected defaults. Image source: Getty Images.So whatTo be clear,terribleJPMorgan's revenueThe thing that seems to be scaring investors more than anything is the massive reserve builds by these banks. In simple terms, banks always set money a
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WFC
News
- Netflix Lines Up $59 Billion of Debt for Warner Bros. Deal [Yahoo! Finance]Yahoo! Finance
- Netflix lines up $59 billion of debt for Warner Bros. deal [Fortune]Fortune
- EquipmentShare Closes $2.75 Billion Senior Secured Asset-Based Revolving Credit Facility With Wells FargoBusiness Wire
- Wells Fargo to Present at the Goldman Sachs Financial Services ConferenceBusiness Wire
- Barclays Analyst Positive on Wells Fargo (WFC) [Yahoo! Finance]Yahoo! Finance
WFC
Earnings
- 10/15/25 - Beat
WFC
Sec Filings
- 12/1/25 - Form 424B2
- 12/1/25 - Form 424B2
- 12/1/25 - Form 424B2
- WFC's page on the SEC website