The banks are the first to report but I would say that perhaps there will be more scrutiny on regional banks this time around. But now we are getting the earnings report from Wells Fargo.
- EPS $1.23 (vs $1.13 estimate)
- Profit $4.99 billion (vs $3.79 billion a year ago)
- Net interest income $13.34 billion (vs $13.09 billion estimate)
- Revenue $20.73 billion (vs $20.03 billion estimate)
This article was written by Justin Low at www.forexlive.com.