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

  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

JP Morgan Chase is set to report fourth-quarter earnings – here's what the Street expectsJ.P. Morgan, the biggest U.S. bank by assets, is the first major lender to report earnings. I'm buying more $GRNF JPMORGAN CHASE REPORTS RECORD FOURTH-QUARTER 2019 NET INCOME OF $8.5 BILLION, OR $2.57 PER SHARE RECORD FULL-YEAR 2019 NET INCOME OF $36.4 BILLION, OR $10.72 PER SHARE Presentation Supplement $JPM
Source: CNBC - 🏆 12. / 72 Read more »