Steve Biggar, Director of Financial Services Research at Argus Research, discusses big bank earnings. Morgan Stanley’s (MS) earnings were released today. Its 3Q EPS came in at $1.98 versus an estimated $1.70. Wells Fargo’s (WFC) earnings were also released today, and its EPS came in at $1.17 versus an estimated $1.03. Finally, Bank of America’s (BAC) 3Q revenue came in at $22.80B versus an estimated $21.73B. Tune in to find out more.
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