Wells Fargo earnings make for a neat job ad

Wells Fargo on April 12 reported $5.5 billion of earnings attributable to common shareholders for the first quarter of 2019, in its first set of results since Tim Sloan resigned as the U.S. bank’s chief executive.

At $1.20 per share, that compared with analysts’ expectations of $1.09, according to I/B/E/S data from Refinitiv. Revenue in its three main businesses of consumer banking, banking for companies and wealth management all fell compared to the same period last year. Allen Parker, formerly general counsel at Wells Fargo, was named interim chief on March 28. The company is looking for an external candidate to succeed Sloan.

JPMorgan reported earnings for the first three months of the year of $8.8 billion or $2.65 per share on the same day, compared with consensus forecasts of $2.35. Revenue increased 4 percent from 2018’s first quarter, though trading revenue fell by almost one-fifth.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Here's what to expect from Wells Fargo's first-quarter earningsWells Fargo is scheduled to release its first-quarter results later on Friday.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Stocks making the biggest moves premarket: Boeing, Wells Fargo, Morgan Stanley, GE & moreSome of the names on the move ahead of the open.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »