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Stock impact report

Second Quarter FDIC Data Shows Banking Improvements But Concerns Remain [Forbes]

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: Forbes
Richard Henry Suttmeier Contributor Intelligent Investing Contributor Group i Opinions expressed by Forbes Contributors are their own. Investing Tweet This (AP Photo/File) The FDIC Quarterly Banking Profile for the second quarter shows subdued growth of total assets in the banking system as assets declined for the four “too big to fail” money center banks. Total real estate loans are on the rise but lag the 2007 level by 4.5% as mortgages, C&D loans and HELOCs lag potential. The Deposit Insurance Fund is on the rise but so are insured deposits setting up a potential squeeze. Reserves for Losses remain 21.1% above banking crisis levels. The Federal Deposit Insurance Corporation recently released its quarterly banking profile for the second quarter of 2018 with little fanfare. Wall Street and equity fund managers continue to recommend bank stocks on the not Show less Read more
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