Wells Fargo & Company (WFC)
The consumer has been extremely resilient, spend continues to go up, says Wells Fargo CEO
Wells Fargo President and CEO Charles Scharf joins 'Mad Money' host Jim Cramer to talk quarterly results, recent downsizing and more.
Wells Fargo CEO calls consumers 'extremely resilient'
Wells Fargo CEO Charlie Scharf gave CNBC's Jim Cramer a positive read on the consumer landscape. "The consumer's been extremely resilient," he said.
Wells Fargo: Solid Q3 Earnings Boost Optimism
Wells Fargo's Q3 earnings exceeded bottom-line expectations, with a notable 7% sequential rise in EPS and a strong performance in non-interest income. Despite a seventh consecutive quarter of declining net interest income and net interest margin, optimism remains for a near-term NII trend reversal. My "buy" rating on Wells Fargo remains intact, supported by positive momentum in non-interest income and an improving funding mix.
Goldman Sachs Stock Edges Higher as Results Surpass Estimates
Goldman Sachs (GS) reported third-quarter earnings that were better than analysts expected Tuesday morning, continuing a stretch of strong big bank earnings kicked off last week by rivals JPMorgan Chase (JPM) and Wells Fargo (WFC).
Is Trending Stock Wells Fargo & Company (WFC) a Buy Now?
Recently, Zacks.com users have been paying close attention to Wells Fargo (WFC). This makes it worthwhile to examine what the stock has in store.
Goldman Sachs Stock Rises as Results Surpass Estimates
Goldman Sachs (GS) reported third-quarter earnings that were better than analysts expected Tuesday morning, continuing a stretch of strong big bank earnings kicked off last week by rivals JPMorgan Chase (JPM) and Wells Fargo (WFC).
These Analysts Increase Their Forecasts On Wells Fargo After Better-Than-Expected Q3 Earnings
Wells Fargo & Company WFC reported better-than-expected earnings for its third quarter on Friday.
Wells Fargo: A Way To Go To Get To Satisfactory
Wells Fargo's growth is restricted by an asset cap. The bank must enhance its practices and demonstrate consistent progress in quarterly reports, a process that could take years. Earnings per share growth is possible through share repurchases and improving operating results.
Wells Fargo: Rate Cut Should Ease Pressure on Lower-Income Consumers
Lower inflation and interest rates may give some relief to consumers who need it most, Wells Fargo CEO Charlie Scharf said Friday (Oct. 11).
The Q3 Earnings Season Kicks Off Positively
The market liked what it saw in the quarterly releases from JPMorgan JPM and Wells Fargo WFC, even though Wells Fargo came up short on the top-line while JPMorgan beat both top- and bottom-line expectations.
Wells Fargo: Great Q3 Earnings, But Momentum May Be Tough To Sustain
Wells Fargo's Q3 earnings exceeded expectations, and management is doing a great job despite regulatory constraints. Despite impressive Q3 results, I don't see much additional upside over the next 6-12 months. Falling interest rates have a significant negative impact on profitability.
Wells Fargo Presents a Great Opportunity, Gabelli's Sykes Says
Gabelli Funds Portfolio Manager Macrae Sykes reacts to JPMorgan's and Wells Fargo's earnings and discusses the outlook for bank earnings on "Bloomberg The Close." Sign up for Matt Levine's Money Stuff, a newsletter about Wall Street, finance and other stuff: Click Here -------- More on Bloomberg Television and Markets Like this video?
