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Why I Was Right About Wells Fargo and JPMorgan

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

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NYSE: WFC

Wells Fargo & Company

Market Cap

$158B

Today's Change

(-0.79%) -$0.33

Current Price

$41.67

Price as of May 20, 2022, 4:00 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 -0.79%) and JPMorgan (JPM -0.82%) 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?

Stocks Mentioned

Wells Fargo & Company

WFC

$41.67 (-0.79%) $0.33

JPMorgan Chase & Co.

JPM

$117.34 (-0.82%) $0.97

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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