These Bank Stocks Outpaced the S&P 500 by a Wide Margin
Jan. 12, 2024 at 4:12 AM EST. Earnings season kicks off in earnest today. Major banks including JPMorgan Chase, Bank of America, Citigroup and Wells Fargo are set to report quarterly results.
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Bank of America, the nation's second-largest bank, earned $3.14 billion, down 56% from $7.13 billion a year earlier. Wells Fargo earned $3.45 billion , up 9% from $3.16 billion in the year.
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New York CNN —. JPMorgan Chase kicked off earnings season Friday with some mixed news. The bank's fourth-quarter profit fell by 15% from the year before, to $9.3 billion, less than analysts.
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Bank of America's average deposits this quarter stood at $1.9 trillion, just a touch below its average a year ago. Wells Fargo earned $3.4 billion on revenue of $20.4 billion, both up from a.
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JPMorgan Chase & Co., Bank of America Corp., Citigroup Inc. and Wells Fargo & Co. kick off the reporting cycle for Corporate America on Friday, after a gauge of US bank stocks gained 23% last.
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Stock Market News, Jan. 12, 2024: Bank Stocks Drop After Earnings Roll In Major U.S. indexes end mixed, but log weekly gains
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Ally pays a dividend that yields 3.5% at the current price, and this bank's stock could add value to your portfolio for decades. 2. Bank of America: The large consumer banking giant. Bank of.
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What are bank stocks? Bank stocks are fractional ownership shares of financial institutions that hold and lend money. There are a few different ways to categorize bank stocks, such as the.
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Platinum price today: January 10, 2024. Coryanne Hicks. Investing Tony Dong. Here are the best bank stocks to buy with attractive valuations, strong underlying fundamentals and bullish ratings.