JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.
Wells Fargo's net interest income for the fourth quarter came in at $11.836 billion, down 7% from a year earlier, but ahead of the FactSet consensus of $11.741 billion. The bank reported a taxable equ ...
The largest banks in the U.S. may justify further gains in stock prices if their earnings updates in the coming days include ...
Among the S&P 500’s eleven sectors, Financials are expected to report the highest year-over-year earnings growth at nearly 40 ...
Banks such as JPMorgan, Citi, and Goldman Sachs started the earnings season off on a positive note when all beat expectations on the top and bottom lines.
Bond yields continue rising and major stock indices are well off their recent highs. Important economic reports and earnings ...
JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley notched up a 20 per cent rise in their collective net profits compared with 2023, according to FactSet data.
Strong profit reports from Wells Fargo and other big U.S. banks also helped launch indexes ... Economists had thought it ...
Citi, Wells Fargo, JPMorgan Chase & Co. and Goldman Sachs ... when stocks rallied following the victory of Donald Trump, FactSet data show. Wall Street benefited from increased trading activity ...
JPMorgan’s net income soared 50% to more than $14 billion in the fourth quarter as the bank’s profit and revenue easily beat ...
Wells Fargo's (WFC) fourth-quarter top-line unexpectedly declined due to lower net interest income, while per-share earnings outperformed. Revenue, expressed as the sum of net interest income and ...