“What you see is just more of the significant revaluation because of supply and demand," Wells Fargo CEO Charlie Scharf said. Wells Fargo CEO Charlie Scharf provided a sobering assessment of the ...
Wells Fargo CEO Charlie Scharf said the Federal Reserve's recent 50 basis point interest-rate-cut has not driven many of its clients to borrow. On a call with analysts to discuss third-quarter ...
Phillip raised its recommendation on Wells Fargo & Company (WFC) to Accumulate from Neutral, and increased the price target ...
Wells Fargo & Company (NYSE:WFC) extended gains for the seventh straight trading session as fee income helped the diversified ...
The megabank's scale hasn't made it immune from the deposit wars that have crimped bank profits. But the "stabilization" that ...
Both banks reported an uptick in home lending from the second to third quarters, but executives expressed caution due to ...
The repricing of sweep deposits dented otherwise positive results for Wells' wealth unit last quarter. Revenue was up 0.5% quarterly and 4.8% year on year, to $3.88 billion, spurred by 2.1% quarterly ...
Wells Fargo said its commercial loans fell in the third quarter, a reflection of the more cautious stance companies have taken this year. Total commercial loans for the quarter were down 4% from a ...
Earnings season kicks off in earnest Friday with the first results from major banks: JPMorgan and Wells Fargo. MarketWatch ...
Wells Fargo's profit beat analysts expectations in the third quarter as it set aside less money than expected to cover ...
In this article, learn about Wells Fargo (WFC) and its financial performance, including key insights for investors.