- Excluding 22-cent tax benefit, third-quarter EPS comes in at 60 cents.
- Operating EPS beats consensus estimate of 58 cents.
- Revenue down 7% from second quarter but up 3% year over year.
The approaching debt-ceiling debate in Congress could send bank stocks diving, if recent history offers any lessons.
Wells Fargo's board turned to former SEC Chief Mary Jo White to assist with a self-evaluation following a series of scandals -- leading to the departure of two long-serving directors.
After a very damaging week, the major bank stocks are staging an impressive rebound Monday.
Analyst Mike Mayo stays bullish on banks.