Q2 Earnings Snapshot
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Wells Fargo beat Q2 earnings estimates with $1.60 EPS, lifted by strong fee income, while net interest income declined and guidance was lowered.
JPMorgan Chase and Wells Fargo saw a surge in mortgage originations in Q2 2025, but the gains in volume came with lower margins.
The big banks have not only reported better-than-expected Q2 results, but management's commentary on business trends and conditions paints a favorable and reassuring view of the coming quarters
Wells Fargo cut its 2025 net interest income forecast after a Q2 miss on margin, despite posting better-than-expected earnings and revenue for the quarter.
The CBJ will recognize top projects in commercial real estate completed between July 1, 2024 to June 30, 2025 in the Charlotte region. The entire team - from developer to architect to law firm to financier - will be recognized in a special report and celebrated at an awards dinner in October. Submit your nomination today!
Wells Fargo & Company (NYSE:WFC) reported better-than-expected top and bottom line for the second quarter, but its net interest income (NII) fell short of expectations, pushing its shares slightly lower in the premarket trade Tuesday.
S&P 500 EPS growth is expected to come in at 4.8% for Q2, which would be the lowest growth rate since Q4 2023.