Wells Fargo & Company WFC announced that it is aiming for a 17-18% return on tangible common equity (ROTCE) over the medium term, up from the earlier target of 15%. This move underscores the company’s ...

BNP Paribas has been a much better performer of late, with bullish sector-wide sentiment lifting the stock to within touching distance of tangible book value. BNPQY earned an 11.6% return on tangible ...

“AGNC's economic return in the first quarter was negative 1.6%,” driven by a late-quarter risk-off move after “uncertainty associated with the war in Iran and the potential for a more widespread ...

For a retiree choosing between Bank of America and Wells Fargo right now, one has a hidden catalyst the other simply cannot ...

Wells Fargo's return on average tangible common equity for the third quarter was 15.2%, which was the same as the previous quarter but up from 13.9% in the year-earlier quarter. One factor in the year ...

JPMorgan generated a return on common equity of 16%, compared with 18% ROE a year ago, while return on tangible common equity fell to 19% from 22%. In the bank's consumer and community banking ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...