#$WFC is an active hashtag on Bluesky. In the last 30 days, 15 people shared 31 posts with it — around 1 a day. Activity is up 0% versus the previous week, peaking on Jul 14 with 17 posts.

Posts with #$WFC

Carl Quintanilla

@carlquintanilla.bsky.social

2 months ago

* WELLS FARGO'S SANTOMASSIMO SAYS U.S. CONSUMER HAS BEEN STABLE AND ARE CONTINUING TO SPEND * WELLS FARGO'S SANTOMASSIMO SAYS CONSUMERS ARE SPENDING PROBABLY 45%-50% MORE ON GAS THAN THEY WERE * WELLS FARGO'S CHIEF FINANCIAL OFFICER MIKE SANTOMASSIMO SPEAKS AT U.S. FINANCIALS CONFERENCE $WFC

16 28 133

Carl Quintanilla

@carlquintanilla.bsky.social

about 1 month ago

Next Tuesday, five of the six largest US banks are set to announce quarterly results. ".. definitely a rest day when it comes to the gym,” said Mike Mayo, a powerlifting aficionado. @bloomberg.com $BAC $JPM $WFC $GS $C www.bloomberg.com/news/ar….

www.bloomberg.com

Five Bank Earnings in a Day Has Even Mike Mayo Skipping the Gym

Even for Mike Mayo, the analyst known for going round for round with bank CEOs each quarter, the quintet of major Wall Street firms reporting earnings in one day will be brutal.

2 18 101

Luke Kawa

@ljkawa.bsky.social

25 days ago

Citi’s EPS beat <every analyst’s estimate> and its reward is to...go down 2% Goldman the only bank positive post-earnings. $GS $C $BAC $WFC $JPM

6 9 97

Carl Quintanilla

@carlquintanilla.bsky.social

25 days ago

* WELLS FARGO'S SANTOMASSIMO: EXPECT SECOND HALF REVENUE-RELATED EXPENSES TO BE SOMEWHAT HIGHER THAN EXPECTED AT THE BEGINNING OF THE YEAR @reuters.com $WFC

2 11 82

George Pearkes

@peark.es

4 months ago

$WFC miss *WELLS FARGO 1Q NET INTEREST INCOME $12.10B, EST. $12.27B *WELLS FARGO 1Q NET INTEREST MARGIN 2.47%, EST. 2.57% *WELLS FARGO 1Q PROVISION FOR CREDIT LOSSES $1.14B, EST. $1.13B *WELLS FARGO 1Q NET CHARGE-OFFS $1.10B, EST. $1.1B *WELLS FARGO 1Q TOTAL AVERAGE LOANS $996.0B, EST. $980.17B

3 3 39

George Pearkes

@peark.es

25 days ago

Bank earnings tsunami today: between ~6:30 and 8:00a ET we're expected to get $BAC, $GS, $JPM, $WFC, and $C results. Industrial fasteners supplier $FAST also due this AM.

1 3 31

George Pearkes

@peark.es

25 days ago

$WFC early *WELLS FARGO 2Q NET INTEREST MARGIN 2.43%, EST. 2.43% *WELLS FARGO 2Q PROVISION FOR CREDIT LOSSES $914M, EST. $1.2B *WELLS FARGO 2Q NON-PERFORMING ASSETS $7.94B, EST. $8.78B *WELLS FARGO 2Q NET CHARGE-OFFS $876M, EST. $1.11B *WELLS FARGO 2Q NET INTEREST INCOME $12.32B, EST. $12.32B

2 2 27

Rahul Sharma

@retailguru.bsky.social

25 days ago

For all these snippets, notable how few analyst questions to $JPM $BAC & $WFC focused on their take on state of consumer. Combination of robust spend AND meaningfully better credit quality tell you all you need to know vs all the gloom out there. $XLF $XLY $XLI $V $MA

Rahul Sharma @retailguru.bsky.social

$WFC especially upbeat on consumer citing consistently improving quality & like $JPM steady trends by income. Again down to steady jobs & wage gains. Commercial also healthy but much more cautious about investing but not retrenching. $BAC $XLF $XLY $XLI

13 0 17

Rahul Sharma

@retailguru.bsky.social

25 days ago

$WFC with same message as $BAC & $JPM on US consumer: strong spend & lower credit costs. Bank stocks have had strong run into results, but message on consumer is consistent: improving spend AND credit quality, despite all the concern out there. 🔥🔥 $XLF $XLY $XRT

Rahul Sharma @retailguru.bsky.social

Like $JPM, $BAC consumer card spend holds strong at +7%. But highlight is remarkable improvement in credit quality both QoQ and vs LY, with no blowout in card loans. Gas spend up but discretionary spend (esp entertainment & travel) strong. 💪 $XLF $XLY $AXP $V $MA

5 0 10

Rahul Sharma

@retailguru.bsky.social

2 months ago

Like clockwork, $JPM says spend, cash buffers, demand, quality all strong but it is ‘watchful’. Points to potential labor market/real wage easing & one-off tax refunds but admits nothing yet showing up in business trends. $WFC $BAC $AXP $XLF $XLY $V $MA

Rahul Sharma @retailguru.bsky.social

Banks have been doing rounds regularly but $AXP again confirms strength across board with excellent credit quality & no sign of negative inflection. Q2 trending better than Q1, itself strongest in 3 years led by discretionary areas. $XLF $XLY $V $MA $TPR $RL $WSM

0 0 8

Rahul Sharma

@retailguru.bsky.social

25 days ago

Rahul Sharma @retailguru.bsky.social

Here $JPM echoes $BAC & again repeats prior view that data does not support K-shape economy given strength across board. Acknowledges long run of strength makes folks nervy but like peers says labor market needs to crack for trends to change. $WFC $AXP $XLF $XLY $XRT

5 0 7

Rahul Sharma

@retailguru.bsky.social

25 days ago

No sign of cracks in US consumer. After strong Q1 update, $JPM card spend accelerated to +10%, best since Q3 2022. Credit quality also MUCH better with delinquencies lowest in 3 years. Dimon acknowledges strength calling risks 'manageable'. 🔥 $AXP $BAC $WFC $XLF $XLY $V $MA

Rahul Sharma @retailguru.bsky.social

$JPM again paints solid picture of US consumer. Card spend +7%, steady on 3-year stack. Up 7% or more every Q since 2020. Delinquencies steady for 2+ years & charge-offs easing. No card loan blowout. And Dimon message decidedly less cautious. 💪 $BAC $AXP $COF $XLY $XLF $V $MA