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WFC

Financial Sector Update for 10/13/2017: WFC

Top Financial Shares:

JPM: -0.6%

BAC: -0.2%

WFC: -2.5%

C: -0.4%

USB: flat

Financial shares were mainly lower in pre-market trade on Friday.

In financial stocks news, Wells Fargo ( WFC ) shares fell in pre-market trade on Friday after the diversified financial services company reported Q3 earnings were $0.84 per share, or $1.04 per share when taking into account $0.20 per share in discrete litigation accrual previously disclosed mortgage-related regulatory investigations. Analysts polled by Capital IQ had expected EPS of $1.03.

Shares in the company were 2.5% lower at $53.83 in pre-market trade. The stock has traded between $44.28 and $59.99 over the past 52 weeks.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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