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Hightower’s Stephanie Link reacts to Wells Fargo's Q1 earnings
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Wells Fargo WFC earnings Q1 2024

Wells Fargo on Friday reported first-quarter earnings and revenue that beat Wall Street expectations, despite a decline in net interest income. Here’s how the company performed compared with what Wall Street was anticipating, based on a survey of analysts by LSEG, formerly known as Refinitiv: Earnings per share: $1.26 cents adjusted vs. $1.11 cents expected...

Wells Fargo posts higher fourth-quarter profit, helped by higher interest rates and cost cutting
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Wells Fargo (WFC) earnings 4Q 2023

Wells Fargo shares fell Friday even after fourth-quarter profit rose from a year ago, as the bank warned that net interest income for 2024 could come in significantly lower year over year. “As we look forward, our business performance remains sensitive to interest rates and the health of the U.S. economy, but we are confident...

Citigroup stock jumps on better-than-expected revenue for the third quarter
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Citigroup (C) Q3 earnings report

Citigroup reported its third-quarter results on Friday morning, with solid growth in both institutional clients and personal banking fueling higher-than-expected revenue and earnings per share. Here’s what the company announced compared with what Wall Street was expecting, based on a survey of analysts by LSEG, formerly known as Refinitiv: Earnings per share: $1.63, or $1.52...

Morgan Stanley stock surges after earnings beat. Here's what the pros are saying
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Goldman Sachs (GS) earnings 2Q 2023

CEO David Solomon, Goldman Sachs, during a Bloomberg Television at the Goldman Sachs Financial Services Conference in New York, Dec. 6, 2022. Michael Nagle | Bloomberg | Getty Images Goldman Sachs is scheduled to report second-quarter earnings before the opening bell Wednesday. Here’s what Wall Street expects: Earnings: $3.18 per share, according to Refinitiv Revenue:...

Bank of America (BAC) earnings 2Q 2023
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Bank of America (BAC) earnings 2Q 2023

Brian Moynihan, CEO of Bank of America Corp., during a Senate Banking, Housing and Urban Affairs Committee hearing in Washington, D.C., Sept. 22, 2022. Al Drago | Bloomberg | Getty Images Bank of America on Tuesday posted second-quarter profit and revenue that edged out expectations as the company reaped more interest income amid higher rates....