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JPMorgan, Wells Fargo and BlackRock backed away from record highs after reporting second-quarter earnings early Tuesday. Citi topped estimates in the morning, as the big banks roll out the Q2 earnings ...
The bank has managed to reduce its total number of troubled CRE loans over the last year despite adding 90 more loans for ...
Bank leaders pose at their first earnings call since federal regulators ended the $2 trillion asset cap tied to a bank sales ...
JPMorgan’s chief, Jamie Dimon, lauded the “resilient” U.S. economy as his bank reported bumper quarterly earnings.
Q2 2025 Management View CEO Charles W. Scharf highlighted the removal of the asset cap as a pivotal milestone, stating, "The lifting of the asset cap marks a pivotal milestone in our transformation, ...
Total revenue grew 0.6% to $20.82 billion to top the FactSet consensus of $20.75 billion. That snapped a three-quarter streak of quarterly top-line misses, as growth in the consumer and commercial ...
Wells Fargo surpassed second-quarter profit expectations but revised its net interest income forecast for 2025, causing ...
Wells Fargo reported earnings per share of $1.60 on total revenue of roughly $20.8 billion. EPS beat FactSet estimates easily, while revenue came in slightly higher than estimates.
The bank has closed seven regulatory punishments, known as consent orders, this year and 13 since 2019. It still has one ...
The TSX Composite Index settled 63.69 points Tuesday to 27,135.16, from Monday’s all-time high. The Canadian dollar edged up 0.07 cents at 73.03 cents U.S. In company news, U.S. crypto miner Riot ...
Wells Fargo beat Q2 earnings estimates with $1.60 EPS, lifted by strong fee income, while net interest income declined and ...
A jump in fee income helped the San Francisco-based bank boost second-quarter earnings per share by 20% from a year ago.