Wells Fargo Matches JPMorgan to Set Earnings Season Tone
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Wells Fargo & Co. moved up the release of first-quarter results, matching JPMorgan Chase & Co. and positioning the two most profitable U.S. lenders to set the tone for the industry’s earnings season.
Wells Fargo will report on Friday, April 13 at 8 a.m. New York time, about an hour later than JPMorgan, according to a March 13 statement. JPMorgan, which has been the first of the largest U.S. banks to report results since January 2009, announced its timing on March 16. Wells Fargo had been last to report among the four biggest lenders, including Bank of America Corp. and Citigroup Inc., as recently as last April.