Why I Was Right About Wells Fargo and JPMorgan

By Matt Koppenheffer and David Hanson – Apr 12, 2013 at 3:40PM

NYSE: WFC

Wells Fargo

Market Cap

$215B

Today's Change

(-1.30%) -$0.79

Current Price

$59.81

Price as of April 25, 2024, 1:25 p.m. ET

Did Wells Fargo and JPMorgan hit or miss on earnings?

In the following video, Motley Fool financials analysts Matt Koppenheffer and David Hanson discuss a little bet they made, on whether or not Wells Fargo (WFC -1.30%) and JPMorgan (JPM 0.02%) would beat earnings expectations, or miss them. So how did the results come out? And what does hitting or missing earnings expectations mean for these two giant banks?

David Hanson has no position in any stocks mentioned. Matt Koppenheffer has no position in any stocks mentioned. The Motley Fool recommends Wells Fargo. The Motley Fool owns shares of JPMorgan Chase. and Wells Fargo. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.