John Shrewsberry - Wells Fargo

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Last quote by John Shrewsberry

It might have bottomed in December or January. We'll know more with the passage of time, but it stands to reason because we've rolled out a new method of doing business for our people in the branches. Too early to declare victory but certainly the direction looks good. The mortgage market will be there. People are buying homes. We're coming into the home buying season and I think there will be more of that going on than there was a year ago.feedback
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Apr 13 2017
Find all of John Shrewsberry’s quotes that have been published in 12 different articles on this page. John Shrewsberry’s quotes are organized by date and topic, making it easy for you to compare, for example, what John Shrewsberry has said both recently, and in the past, on a variety of topics. Some of the topics John Shrewsberry likes to comment on include customer and income. Most recently, John Shrewsberry said, “Folks are waiting for a sign that those pro-growth policies are really going to happen before they pull the trigger on borrowing money to do that.”.
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John Shrewsberry quotes

We are relatively convinced that we may not be this low forever, but...our expectation is lower for longer.feedback

Since Brexit and the related decrease in mortgage rates, we've seen refinance activity increase with our retail application volumes up approximately 15 percent to 20 percent in recent weeks and we currently expect origination volume to be somewhat higher in the third quarter compared with the second quarter. It's a great time to be a borrower.feedback

The headwinds from a flatter yield curve and a lower-for-longer rate environment creates challenges for all financial institutions.feedback

We are in a low rate environment but … we managed to generate $5.6 billion worth of net income and we did it by growing loans 9 percent year over year. We did it by growing deposits. We did it by growing a variety of fee streams.feedback

Our oil and gas portfolio will continue to be impacted by the volatility and stress in the industry and it will take time to move through this part of the cycle.feedback

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