shares slipped lower in pre-market trading heading into the bank's third quarter earnings report prior to Friday's opening bell.
The bank's profits will also be hit by the payment of $1.8 billion to the Federal Deposit Insurance Corporation in August as it helped replenish the government's deposit insurance fund, which was drained of around $16 billion following the collapse of Silicon Valley Bank and Signature Bank and the sale of First Republic.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Are High Rates Taking a Toll on Consumers? Bank Earnings Will Provide a ClueJPMorgan, Wells Fargo and Citigroup are set to kick off third-quarter bank results Friday
Sumber: WSJ - 🏆 98. / 63 Baca lebih lajut »
Bank earnings kick off with JPMorgan, Wells Fargo amid concerns about rising rates, bad loansHigher rates are expected to lead to a jump in losses on banks’ bond portfolios and contribute to funding pressures.
Sumber: nbcsandiego - 🏆 524. / 51 Baca lebih lajut »
Bank earnings kick off with JPMorgan, Wells Fargo amid concerns about rising rates, bad loansHigher rates are expected to lead to a jump in losses on banks’ bond portfolios and contribute to funding pressures.
Sumber: nbcchicago - 🏆 545. / 51 Baca lebih lajut »
JPMorgan, Wells Fargo, Activision, Dollar General, Smart Global, and More Market MoversJPMorgan Chase, Wells Fargo, and Citigroup are scheduled to report quarterly earnings Friday, Microsoft's $75 billion acquisition of Activision Blizzard is...
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »
Wells Fargo's stock up 2% as third-quarter earnings top estimates by a wide marginBank beats profit and revenue estimates in latest quarter
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »