Wells Fargo Q4 noninterest income $8.7 bln, up $324 mln

Wells Fargo & Co missed third-quarter profit estimates on Tuesday as mortgage income sank and the fourth-largest U.S. bank by assets braced for additional legal expenses tied to a sales practices scandal that erupted more than three years ago......»»

Wells Fargo & Co reported a 26% slump in quarterly profit on Tuesday, as mortgage income sank and it braced for additional legal expenses tied to a sales practices scandal that erupted more than three years ago......»»

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JPMorgan Chase & Co lowered its outlook for 2019 net interest income by about $500 million on Tuesday, following similar moves by rival big banks Wells Fargo & Co and Citigroup Inc ......»»

Realty Income Corp’s (NYSE: O) second-quarter funds from operations were impacted by lower revenue and higher G&A and were partially offset by lower interest expens.....»»

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Although the Fed is attempting to prevent a reces.....»»

Wells Fargo Multi Sector Income Fund: Participated In The Rally, Still Not A Fan.....»»

Wells Fargo's (WFC) Q2 results reflect lower expenses and higher fee income, partly offse.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Wells Fargo & Co. said Tuesday it had net income of $6.2 billion, or $1.30 a sha.....»»

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$WFC Wells Fargo & Co. (NYSE:WFC) shares are extending Friday’s declines in Monday pre-market trading, as analyst downgrades pile on after the bank lowered its net interest income forecast. Firms cutting their rati.....»»

Wells Fargo & Co. (NYSE: WFC) beat analysts' predictions in its first-quarter earnings report released this morning. The San Francisco-based bank posted net income of $5.9 billion, or $1.20 in diluted earnings per share. First-quarter revenue came to $.....»»

Wells Fargo & Co shares fell as much as 3 percent on Friday after the bank dialed back its net interest income outlook for this year and reported a decline in total quarterly revenue......»»

Wells Fargo & Co's aggressive cost cutting helped boost its quarterly profit, but shares in the lender fell 3 percent on Friday after it dialed back its forecast for how much net interest income it would bring in this year......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Shares of Wells Fargo & Co. took dive in morning trade, swinging to a loss from a gain, after the bank provided a downbeat full-year outlook for net interest, citing the negative impact of the current low interest rate environme.....»»

Shares of Wells Fargo & Co reversed course to trade lower on Friday after the lender cut its 2019 net interest income forecast and said it would not provide a timeline on when a Federal Reserve cap on balance sheet growth will be lifted......»»

Wells Fargo & Co's aggressive cost cutting helped boost its quarterly profit, but shares in the lender fell after it dialed back its outlook for how much net interest income it would bring in this year......»»