The Numbers Don't Lie: Wells Fargo Earnings Preview

The video discusses Wells Fargo's significant involvement in oil and gas loans, highlighting the financial risks and impacts due to the collapse in oil prices. Analysts expect Wells Fargo to increase reserves for the first time since the financial crisis. The bank's revenue growth is minimal compared to peers, with a focus on basic banking and net interest margins. Despite challenges, Wells Fargo remains a major player in mortgage origination, with substantial earnings from loan servicing.

What percentage growth is Wells Fargo expected to see compared to its peers?

What was the amount of money Wells Fargo made from offering loans and servicing them in the fourth quarter?