UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission file number 001-2979 WELLS FARGO & COMPANY (Exact name of registrant as specified in its charter) Delaware No. 41-0449260 ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

智通财经APP获悉，富国银行投资研究所表示，在今年创下历史新高后，黄金仍有上涨空间，因为“利率格局的变化可能是一股特别强大的顺风”。 富国银行投资研究所分析师在4月15日的一份报告中表示，如果美联储对美国通胀持续降至2%的年度目标有信心，它可能会在今年晚些时候降息，这已经“不是什么秘密”。但“不那么为人所知的是，过去一些黄金最强劲的表现是在美联储降息周期期间出现的”。 根据富国银行的数据，从历史上看，在美联储开始降息后的24个月里，金价平均上涨了20%。与此同时，交易员将他们对美联储降息的预期推迟到今年晚些时候，因为近期公布的通胀数据强于预期，表明尽管货币政策收紧，美国经济仍保持弹性。 Themes ETFs投资策略师Taylor Krystkowiak周三在接受电话采访时表示，“对美联储政策转向的一些希望已经破灭”，如果投资者继续对冲通胀抬头的可能性，金价可能会延续涨势。他表示，如果美联储过早降息，“人们会将黄金视为对冲美联储政策失误的一种方式”。 目前，全球多数主要央行一直将其政策利率维持在较高水平，以将通胀率降至2%的目标。美联储主席鲍威尔周二表示，“鉴于劳动力市场的强劲势头和迄今为止在通胀方面的进展 ...

Argus raised its price target on Wells Fargo and maintained a buy rating.First-quarter bank earnings are rolling in, and it's increasingly looking like big banks are coming under pressure from higher interest rates, as they have gradually had to lift interest rates on deposits to stay competitive.In light of those challenges, Wells Fargo (WFC -1.94%) predicted a 7% to 9% decline in net interest income for the year. However, one analyst sees an upside to the stock after a Q1 earnings report that included a s ...

The opening week of first-quarter earnings season was billed as a referendum on the state of the U.S. economy, specifically consumer spending.While Wells Fargo didn’t post stellar earnings Friday (April 12) it did vote “yes” on the economic prospects for the balance of 2024.“We continue to see strength in the U.S. economy,” CEO Charlie Scharf said during the company’s earnings call. “Spending patterns and consumers using our debit and credit cards remain generally consistent and continue to grow year over y ...

Wells Fargo & Company (NYSE:WFC) Q1 2024 Earnings Call Transcript April 12, 2024 10:00 AM ET Company Participants John Campbell - Director of IR Charlie Scharf - CEO Mike Santomassimo - CFO Conference Call Participants John McDonald - Autonomous Research Ebrahim Poonawala - Bank of America Ken Houston - Jefferies Betsy Graseck - Morgan Stanley Erika Najarian - UBS Steven Chubak - Wolfe Research John Pancari - Evercore ISI Matt O'Connor - Deutsche Bank Gerard Cassidy - RBC Capital Markets Dave Rochester - Co ...

Wells Fargo & Company’s (WFC) first-quarter 2024 adjusted earnings per share of $1.26 surpassed the Zacks Consensus Estimate of $1.10. The adjusted figure excludes the impacts of expenses from the FDIC special assessment. In the prior-year quarter, the company reported earnings per share of $1.23.Results have benefited from higher non-interest income. An improvement in capital ratios and a decline in provisions were other positives. However, the decrease in net interest income (NII) and loan balances and an ...

1Q24 Financial Results April 12, 2024 © 2024 W ...

Wells Fargo (WFC) reported $20.86 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 0.7%. EPS of $1.26 for the same period compares to $1.23 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $20.16 billion, representing a surprise of +3.47%. The company delivered an EPS surprise of +14.55%, with the consensus EPS estimate being $1.10.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Str ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...