JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.
Goldman Sachs ( GS 6.02%), and Citigroup ( C 6.49%) were all higher by 5% or more for the day. There are two main reasons why these bank stocks are soaring. First, bank stocks kicked off fourth-quarter 2024's earnings season on Wednesday,
In a remarkable display of resilience and growth, Wells Fargo (NYSE:WFC) & Co. shares have surged to an all-time high, reaching a price level of $78.14. This milestone underscores a significant period of bullish momentum for the banking giant,
SAN FRANCISCO - Wells Fargo & Company (NYSE: NYSE:WFC) today announced the immediate appointment of Ed Olebe as the new head of Cards and Merchant Services. Olebe, who brings over 25 years of experience in financial services and credit card management,
Capital flowed into debt issued by JPMorgan Chase & Co., Citigroup Inc., Wells Fargo & Co. and Goldman Sachs Group Inc. after strong quarterly results from the big banks. Of the four, the most ...
According to Gov. Gavin Newsom's office, Bank of America, Citi, JPMorgan Chase, U.S. Bank, and Wells Fargo are offering a 90-day forbearance of their mortgage payments, without reporting the payments to credit reporting agencies.
JPMorgan CEO Jamie Dimon addressed his retirement timeline, Goldman chief David Solomon talked Apple, and bankers overall appeared to exude “animal spirits.”
Among the S&P 500’s eleven sectors, Financials are expected to report the highest year-over-year earnings growth at nearly 40 percent, according to FactSet. Banks make up so much of that gain that if they were excluded from the sector, that figure would fall to 11 percent.
Big Bank stocks are rising on Wednesday after releasing their fourth quarter earnings, with JPMorgan Chase (JPM), Citigroup (C), Wells Fargo (WFC), and Goldman Sachs (GS) gaining after reporting ...
Wells Fargo reported earnings per share of $1.43 for the fourth quarter, beating Wall Street’s consensus estimate of $1.35. A year earlier, the bank reported profit of 86 cents a share. Net interest income,
The Citi Double Cash® Card is similar to the Wells Fargo Active Cash® Card with no annual fee and earning 2% cash-back on all purchases—1% when the purchase is made and 1% when the balance is ...
Investors are awaiting earnings from Big Banks earnings this week, watching especially closely for guidance updates. Citi (C), JPMorgan Chase (JPM), Goldman Sachs (GS), and Wells Fargo (WFC) report on Wednesday.