文章核心观点 - 美国消费者保护局正在调查大型银行如摩根大通、美国银行和富国银行等,了解它们如何处理与Zelle相关的欺诈交易和客户争议[1][4][5] - Zelle是一个由7家大型银行拥有的点对点支付平台,近年来交易量超过Venmo,但也出现了越来越多的诈骗投诉,让客户感到沮丧和损失[2][3][6] - 监管机构和立法者担心Zelle平台存在消费者被剥削的风险,许多受害者无法追回被骗的资金[6][7] - 银行认为大多数Zelle交易是合法的,但如果完全承担诈骗损失,将鼓励更多欺诈行为,最终会给银行带来巨大成本[8] - 银行有责任保护客户资金安全,摩根大通和富国银行已与监管机构合作,并可能采取法律行动[10][11] 公司相关内容 - 摩根大通(JPM)目前评级为买入[12] - 美国银行(BAC)和富国银行(WFC)目前评级为中性[12] 行业相关内容 - Zelle是一个由7家大型银行共同拥有的点对点支付平台[2] - Zelle的交易量已超过Venmo等其他支付应用[3] - 随着Zelle业务增长,诈骗投诉也有所增加,给客户带来损失[3][6] - 银行认为无法完全预防所有类型的欺诈行为,如果承担全部诈骗损失,将鼓励更多欺诈[8] - 银行有责任保护客户资金安全,但客户也越来越质疑通过这些支付平台转账的安全性[9]

公司概况 - 公司总股本为34.0377亿股[9] - 公司主要上市股票为WFC，交易所为纽约证券交易所[NYSE][4] 业绩表现 - 公司在2024年6月30日的财报显示，公司在中国市场创下了收入纪录，达到96.77亿美元[13] - 2024年6月30日，总收入为206.89亿美元，较上一季度下降1%[14] - 2024年6月30日，净利润为49.1亿美元，较上一季度增长6%[14] - 每股稀释收益为1.33美元，较上一季度增长11%[14] 资产负债表 - 2024年6月30日，总资产为1.91万亿美元，较上一季度增长2%[14] - 2024年6月30日，贷款余额为9169.77亿美元，较上一季度下降1%[14] - 2024年6月30日，存款为1.35万亿美元，与上一季度持平[14] 风险管理 - 公司致力于建立适合规模和复杂性的风险和控制基础设施[18] - 公司与美联储签署了关于治理监督、合规和运营风险管理的同意令[19] 财务表现 - 公司在2024年第二季度实现净利润49亿美元[30] - 利息收入平均余额从2023年的1719705百万美元增长到2024年的1755978百万美元，增长率为2.09%[39] - 商业贷款总额从2023年的553031百万美元下降到2024年的534783百万美元，下降率为3.31%[39] 费用和收入 - 2024年第二季度，存款相关费用增加，主要受商业账户的高级财务管理费用推动[45] - 投资咨询和其他基于资产的费用增加，反映了市场估值的提高[46] - 交易活动净收益增加，主要受股票和结构化产品收入增加推动[49] 客户业务 - 消费者银行和贷款部门的净利润在2024年第二季度为17.77亿美元，较去年同期略有下降[98] - 消费者银行和贷款部门的数字活跃客户数在2024年第二季度为3,080万，较去年同期增长[101] 贷款情况 - 2024年第二季度，房屋贷款的净服务收入为89亿美元，较2023年增加27亿美元，增长44%[104] - 2024年第二季度，零售贷款额为53亿美元，较2023年减少24亿美元，下降34%[104] - 2024年第二季度，信用卡交易额为429亿美元，较2023年增加46亿美元，增长12%[104] 资产管理 - WIM提供咨询账户关系给经纪客户，费用基于资产市值的百分比[153] - WIM咨询资产活动表显示，2024年第二季度各账户类型的平均费率为50至120个基点[154] 风险管理 - 信贷风险是与借款人或交易对手违约（未按约定条款履行义务）相关的损失风险[190] - 我们通过建立我们认为是合理的信贷政策来管理信贷风险，同时监控和审查我们现有贷款组合的表现[193]

Wells Fargo & Company (WFC) is facing a class action lawsuit alleging that it mismanaged its employee health insurance plan, forcing thousands of U.S.-based employees to overpay for prescription medications.The proposed class action was filed in Minnesota federal court, claiming that the bank violated a federal law requiring firms to manage employee health and retirement programs properly. This legal action was filed by four former workers, which follows a pattern of increased scrutiny of Wells Fargo.Per fo ...

Wells Fargo continues its long-standing relationship, joining L'ATTITUDE as the presenting sponsor of the 2024 conferenceSAN DIEGO, July 30, 2024 /PRNewswire/ -- L'ATTITUDE, the nation's premier business event focused on amplifying the critical importance and power of the U.S. Latino cohort, is extending its partnership with Wells Fargo. As the presenting sponsor of the 2024 conference, Wells Fargo will join L'ATTITUDE in its mission to highlight how the influential U.S. Latino cohort is Forging the Future ...

Wells Fargo & Company (WFC) stock dropped 1.7% since the release of its second-quarter 2024 results on Jul 12, 2024. The lower net interest income (NII) outlook for 2024 led to a decline in its stock price. Before the release of its quarterly numbers, the stock performed exceedingly well. It was among the top three banks that outperformed the S&P 500 Index in the first half of 2024, gaining 22.2%. Bank of America (BAC) and Citigroup, Inc. (C) also outperformed the S&P 500 Index in the said time frame.Image ...

jetcityimageWells Fargo (NYSE:WFC) beat average predictions for its top and bottom line for its second fiscal quarter earnings on July 12, 2024, yet missed on net interest income, a key measure for financial institutions. Wells Fargo’s net interest income, which measures the difference between its interest income earned from its loans and its interest expenses, dropped 9% year over year and the bank now expects an 8-9% decrease in net interest income this year. The lender did report stable balance sheet ...

Wells Fargo in Washington D.C. in the United States of America, on July 12th, 2024. (Photo by Beata ... [+] Zawrzel/NurPhoto via Getty Images)NurPhoto via Getty ImagesWells Fargo’s stock (NYSE: WFC) has lost 17% YTD, as compared to the 18% rise in the S&P500 index over the same period. In sharp contrast, Wells Fargo’s peer, Bank of America (NYSE: BAC), is up 25% YTD. Overall, at its current price of $58 per share, WFC stock is trading 10% below its fair value of $64 – Trefis’ estimate for Wells Fargo’s valu ...

Anne Czichos/iStock Editorial via Getty ImagesAround two months ago, I analyzed Wells Fargo & Company (WFC) and gave them a hold rating. After that analysis, the stock price hasn't had material movements, and the rally experienced from November to May, which appreciated up to 57.38%, has calmed down. Seeking AlphaLast week, WFC and other major banks started the Q2 earnings release season, and in this analysis, I will go through their results to assess the situation exhibited in Q2 and determine if ther ...

Loading...Loading...Shares of Wells Fargo & Co WFC recovered slightly in early trading on Monday, after tanking on Friday, following the second-quarter results.The results came amid an exciting earnings season. Here are some key analyst takeaways from the release.Goldman Sachs analyst Richard Ramsden maintained a Buy rating, while reducing the price target from $71 to $64.RBC Capital Markets analyst Gerard Cassidy reiterated a Sector Perform rating and price target of $61.Piper Sandler analyst Scott Siefers ...

Wells Fargo disappointed investors with its latest earnings, but don't let temporary headwinds scare you away.Wells Fargo (WFC -6.02%) recently reported its second-quarter earnings, and thanks to disappointing net interest income, the stock plunged by as much as 7% shortly after the announcement. That's a big move for a large-cap bank stock.While the interest income miss was definitely disappointing, it's important for investors to realize that this is a rock-solid financial institution that has done a grea ...