The Hits Keep Coming For Wells Fargo
Bank reports 4Q earnings cut in half due to settlements, fewer mortgage originations.
Bank reports 4Q earnings cut in half due to settlements, fewer mortgage originations.
JPMorgan Chase, Bank of America each post strong 4Q 2022 results.
Reports strong Q3 earnings, with net income and overall originations up from Q2.
Loan originator and servicer saw earnings fall 25% from 2Q, but mortgage servicing portfolio grew.
Second-largest U.S. bank's earnings results beat analysts expectations.
Hurt by operating losses due to legal & regulatory issues, and by falling mortgage originations.
While net income also fell from previous quarter, results still beat analysts expectations.