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Cranberry Journal

Tuesday, October 13, 2026

Also in this edition
Markets
  • S&P 5007,795.56−0.15%
  • Nasdaq27,197.05−0.18%
  • Dow51,701.63−0.29%
  • 10-yr yield5.22%−0.29%
  • Crude$94.11+0.40%
At the close · Oct 13

Wells Fargo

Tagged stories

A single-storey Wells Fargo bank branch with the company's gold lettering above the entrance, under a clear blue sky.
Business

Wells Fargo Beat on Earnings and Missed on Revenue. Its Capital Ratio Fell to 10.0 Per Cent as Its Unrealised Losses Doubled.

Wells Fargo earned $5.95 billion, or $1.87 a share, in the third quarter, above the $1.85 average estimate, but revenue of $21.87 billion was below the $22.15 billion analysts expected, according to the Associated Press. Its CET1 ratio fell to 10.0 per cent from 10.3 per cent in three months, as its accumulated other comprehensive loss rose from $8.3 billion to $16.5 billion.

By Cory Chamberlain  

The Lower Manhattan skyline seen across the water under a blue sky.
Business

JPMorgan Reports Tuesday After a Quarter With $5.6 Billion of One-Off Gains. Analysts Expect Revenue of About $51 Billion.

JPMorgan Chase will report third-quarter results at about 7:00 a.m. Eastern on Tuesday 13 October, opening bank earnings season. Analysts expect revenue of about $51.2 billion and earnings of $5.93 a share, according to MarketBeat. The second quarter's $58.0 billion of revenue included a $4.6 billion Visa gain and $1.0 billion of other equity gains, and nothing has been reported yet.

By Cory Chamberlain