PREVIEW: Wells Fargo & Co (WFC) earnings due 14/Apr at 12:00 BST/07:00EST
Wells Fargo & Co (WFC) Q1 2022 (USD): EPS (exp. 0.80/0.83 GAAP), Revenue (exp. 17.80bln)
BANKING METRICS:
- Trading Income: (exp. 200.00mln)
- Net Interest Income (NII): (exp. 9.30bln)
- Loan Loss Provisions: (exp. 166.76mln)
- CET1 Ratio: (exp. 10.67%)
- Net Charge-Offs: (exp. 0.19%)
DIVIDEND:
- Qtrly Dividend: (exp. 0.22)
- FY Dividend: (exp. 1.05)
EPS GUIDANCE:
- Q2 2022 EPS View: (exp. 0.96/0.98 GAAP)
- FY 2022 EPS View: (exp. 4.02/4.08 GAAP)
REVENUE GUIDANCE:
- Q2 2022 Revenue View: (exp. 18.33bln)
- FY 2022 Revenue View: (exp. 74.32bln)
INDEX WEIGHT:
- 0.5% SPX weight
- Sector/Industry: Financials/Banks
BROKER RATING:
- Avg Rating: 'Buy'
- Avg Price Target: USD 61.42
- Price Target Changes (last 30 days): 12 upward vs 8 downward
13 Apr 2022 - 17:00- - Source: Newsquawk
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