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

$270B

Today's Change

(-1.53%) -$1.29

Current Price

$83.03

Price as of July 28, 2025, 3:58 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 -1.53%) and JPMorgan (JPM -0.17%) 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?

About the Author

Matt is the head of the Coverage Team for The Motely Fool's premium products. Previously, he was the GM of Motley Fool Ascent, led The Motley Fool Deutschland, and has been an investor on various Fool services. Matt is a heavy user of AI tools and is working on harnessing them to help Fool members.

TMFKopp

@KoppTheFool

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.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.

View Premium Services