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Tim Travis
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Tim Travis is a veteran deep value investor and money manager. Travis has extensive experience in traditional investments such as stocks and bonds, in addition to having a unique methodology of combining options and distressed investing with value investing to generate income, reduce risk, and... More
My company:
T&T Capital Management
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T&T Capital Management Blog
  • Wells Fargo Posts Stellar Earnings-Bloomberg 0 comments
    Apr 13, 2012 10:32 AM | about stocks: WFC, JPM

    Wells Fargo (NYSE:WFC) today released very encouraging earnings numbers today including increasing net interest margins, and strong profits led by mortgage refinancing. The environment is getting better for these large banks and Wells Fargo certainly has the least volatile business structure due to their more vanilla and transparent business model. It's interesting to see bank stocks down after strong earnings from both JP Morgan (NYSE:JPM) and Wells Fargo, but it's a fools errand tying to understand the short term whims of the market.


    Disclosure: I am long WFC, JPM.

    Stocks: WFC, JPM
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