Q4 net income of $2.4B or $0.20 per share included a $2.9B charge thanks to the tax bill. Backing that out, Q4 income of $5.3B or $0.47 per share topped estimates by $0.03. ROTCE of 10.9%. Consumer Banking revenue up 10% Y/Y to $8.95B, with net interest income up 16%; noninterest income slipped 2%. Provisions up $126M, net charge-offs up $107M to $839M. Average deposits up 8%, average loans up 9%. Mobile channel usage up 34%. Global Wealth and Investment Management revenue up 7% Y/Y to $4.683B.
When the going gets tough, the tough beef up their D.C. lobbying staff. Wells Fargo (NYSE:WFC) this year has brought on former HUD executive Beth Zorc as Head of Public Policy, and Financial Services Roundtable Executive Director Eric Hoplin as Head of External Relations. Shannon Aimone - formerly with JPMorgan - has been named Head of Political Programs.
Gross proceeds from the 25M share secondary offering were $427.5M, suggesting a sale price of $17.10 each. The underwriters have an option to buy another 3.75M shares at that price. Alongside, the company sees Q4 core EPS at $0.57-$0.65. The filing also suggests NRZ may pay Ocwen Financial (NYSE:OCN) the remaining cash owed under the MSR sale earlier than thought. At least a few bulls would like to see Ocwen take this early windfall and buy back a major chunk of its stock. NRZ -3% to $17.10 premarket
Muck Rack makes it simple to find people, tweets, or articles that mention any name, keyword, company, hashtag etc. We've compiled this guide to help you make the most of your search.
Selecting a term
Start searching tweets, articles from media outlets, articles mentioned in tweets, journalists'
names, titles and bios with some suggested searches:
Companies or Topics (e.g. iPhone, Microsoft)
Phrases (e.g. "cloud computing") — use quotes to keep the terms together
Twitter handles (e.g. @username) — returns those who have mentioned or replied to
Names (e.g. "David Pogue")
Hashtags (e.g. #sxsw, #london2012)
Bio details (e.g. vegan, Olympics, father)
Muck Rack's Advanced Search allows for many boolean operators.
Find results that mention multiple specified terms, use AND or
+. For example, ensure each result contains both Elon Musk and Mark Zuckerberg by
searching Musk AND Zuckerberg or Musk + Zuckerberg.
Use the operators OR or , to broaden your search when you'd like either of
multiple terms to appear in results. (This is the default behavior of our search when no operators
are used). For example, results will contain either cake or cookie by searching cake OR cookie or cake,cookie
Use NOT or - to subtract results from your search. For
example, searching Disney will yield results about the Walt Disney Company as well as Walt Disney
World Resort. To exclude mentions of Disney World, search for Disney -World or Disney
When using one of these operators with a phrase, enclose it in quotation marks. For example, you can
find results about smartphones excluding Apple's iPhone 4S by searching smartphone -"iPhone
Exact case matching or punctuation
If you're searching for a brand name or keyword that relies on specific punctuation marks or capitalization, you can
find results that match your exact query by adding matchcase: before the keyword you're searching for, like matchcase:E*TRADE .
Use parentheses to separate multiple
boolean phrases. For example, to find journalists talking about having fun in Disney World or
Disneyland, search for ("disney world" OR disneyland) AND fun.
An asterisk can be used to search for any variation of a root word truncated by the asterisk. For example, searching for admin* will return results for administrator, administration, administer, administered, etc.
A near operator is an AND operator where you can control the distance between the words. You can vary the distance the near operation uses by adding a forward slash and number (between 0-99) such as strawberries NEAR/10 "whipped cream", which means the strawberries must exist within 10 words of "whipped cream".