JPMorgan, Wells Fargo Offer Reality Check on Profit Outlook [Yahoo! Finance News]
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: Yahoo! Finance News
) -- With the biggest U.S. banks facing an unprecedented economic standstill and new accounting rules, most analysts expected them to double what they set aside for bad loans a year ago.Those predictions weren’t nearly pessimistic enough.Both JPMorgan Chase & Co. and Wells Fargo & Co. posted their highest loan-loss provisions in a decade, setting aside more than $12 billion to cover defaults across the economy, but especially from credit-card borrowers and oil companies. Banks faced criticism in the last crisis for being slow to recognize the coming pain, and Tuesday’s results show they intend to avoid that this time.“This is the reality check,” Credit Suisse Group AG bank analyst Susan Katzke wrote after JPMorgan’s results. “More to come.”JPMorgan’s profit fell 69% to the lowest in more than six years, even as the firm’s traders seized on record volatility to deliver their best quarter ever. Wells Fargo posted earnings of 1 cent per share, down from $1.20 a year earlier.“If we can he
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
- 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