Regional lender PNC Financial Services reported a stronger-than-expected profit as higher interest rates boosted the bank's income.
The "Squawk on the Street" news team talks about the slew of bank earnings out this week.
European stocks finished Friday's session mostly higher, with a strong uptick in commodities helping prop up sentiment.
CNBC's Wilfred Frost breaks down Wells Fargo's quarterly numbers which posted EPS of $1.04 adj. on revenues of $21.926 billion.
NEW YORK— Wells Fargo's third-quarter profits took a beating this quarter, falling 18 percent, after the bank had to set aside about $1 billion for legal expenses related to its mortgage practices before the financial crisis. Wells Fargo said Friday that it earned $4.6 billion in the third quarter, or 84 cents a share, down from $5.64 billion, or $1.03 a share, in the...
Wells Fargo reports third-quarter revenue that missed expectations, sending shares lower.
U.S. stock index futures pointed to a slightly higher open Friday, as investors turned their attention to a number of Fed speeches and earnings.
Bank stocks may be taking a "breather" but there are a lot of positive drivers going into 2018, analyst Ken Leon told CNBC on Thursday.
NEW YORK— Earnings reporting season is getting underway, and Wall Street is getting ready to be underwhelmed. Thursday marked the unofficial start to earnings reporting season for many investors, when JPMorgan Chase said its third-quarter profit rose 7 percent. "In other words, earnings results are solid— but not impressive," said Scott Wren, senior global equity...
Ahead of bank earnings season, analyst Dick Bove warns investors that financials are a pure momentum play, and sell-off risks are high.
"But we never have a weekend without a surprise out of Washington," Art Cashin says.
With a large banks set to report earnings soon, Jason Goldberg, Barclays senior U.S. large-cap bank analyst, discusses what he sees for the financial sector. "Fast Money" trader Guy Adami also weighs in.
For the week ahead on Wall Street, there's earnings season, Fed minutes, economic indicators and questions about the bull market.
In this week's Trader Poll, we want to know what could weigh down bank results.
Cramer says this market has been so unbelievably strong that it’s natural to believe there will be some profit-taking if earnings aren’t perfect.
Jim Cramer issues a word of caution to investors heading into the next leg of earnings season.
Investors may see a dismal earnings season set to ramp up next week.
Bank earnings are on tap. Should you bet on the financials? With CNBC's Michelle Caruso-Cabrera and the Options Action traders.
There should be changes to criminal law to prevent another scandal like that at Wells Fargo, Sen. Heidi Heitkamp, D-N.D., told CNBC.
Wells Fargo CEO Tim Sloan doesn't have what it takes to fix the bank's massive problems, says Notre Dame ethics professor Joe Holt.