While consumers are willing to pay for items, they are being more choosy about which ones to purchase, according to the bank’s chief agricultural economist.
The overall health of the American consumer is generally strong, said Wells Fargo Chief Financial Officer Mike Santomassimo said, noting that consumer spending metrics have remained stable.
Celebrating football’s biggest game can bring big appetites. Buying Super Bowl fixings this year will cost about the same as last year, but the prices of individual products may seesaw, according to a ...
Wells Fargo & Co. reported Wednesday that a series of recent business exits and heightened emphasis on fee revenue boosted ...
Central to the outlook is growth driven by balanced sectoral performance, robust consumer spending and ... president of the Wells Fargo Investment Institute, said in the report.
Analyst Betsy Graseck from Morgan Stanley maintained a Buy rating on Wells Fargo (WFC – Research Report) and keeping the price target at ...
UPDATE: This article includes new details from Wells Fargo's earnings call and an interview ... aren't letting up on the vast amounts of spending they need to do to fix their regulatory issues.
JPMorgan Chase is due to report earnings on Wednesday. (Jeenah Moon/Bloomberg) The biggest banks in the U.S. are expected to report this week that they drove far higher profits in the fourth ...
The Wells Fargo Active Cash also comes with a first-year welcome offer: Earn a $200 cash rewards bonus after spending $500 in purchases in the first 3 months. There’s no one-size-fits-all credit ...