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 ...
Banks such as JPMorgan, Citi, and Goldman Sachs started the earnings season off on a positive note when all beat expectations ...
JPMorgan's net income surged by 50% to over USD 14 billion in Q4, exceeding Wall Street forecasts. Earnings per share climbed to USD 4.81, surpassing predictions. Revenue increased to USD 43.7 billion ...
JPMorgan shares jumped on the bank's final financial results of 2024, climbing 2.6% before the bell. Wells Fargo’s net income nearly doubled to $5.1 billion, surpassing Wall Street forecasts. Wells ...
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 ...
Signal Advisors Wealth LLC raised its stake in FactSet Research Systems Inc. (NYSE:FDS – Free Report) by 4.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned ...
U.S. stocks ripped higher Wednesday following a shot of adrenaline from an encouraging update on U.S. inflation. Strong ...
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 ...
JPMorgan’s net income soared 50% to more than $14 billion in the fourth quarter as the bank’s profit and revenue easily beat Wall Street forecasts, and other major banks reported banner earnings for t ...