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Wells Fargo to report earnings before the bell with new CEO Scharf at the helm

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Though bank stocks have performed well recently, Wells Fargo investors will look to earnings for any sign it could catch up to its peers.

The results, which reflect the bank's performance for the three months ended Dec. 31, mark Wells Fargo's first quarter under new management.Analysts hope Scharf can navigate the bank through a host of regulatory issues that have kept costs elevated while developing its technologies.

Here's what Wall Street expects, according to Refinitiv consensus estimates:The results, which reflect the bank's performance for the three months ended Dec. 31, mark Wells Fargo's first quarter under new management. Charles Scharf took over as Wells Fargo's chief executive in October, replacing Tim Sloan and charged with navigating the bank through a host of regulatory issues that have kept costs elevated.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

Scharf had no success at BNY Mellon, all he did was have employees laid off while he banked millions. The man is a complete and utter fraud.

Independent_ie IrishTimes RTEbusiness

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