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Wells Fargo earnings climb as investment banking shines
Wells Fargo's profit climbed in the fourth quarter, buoyed by stronger investment banking earnings, it said on Wednesday.
Wells Fargo: Q4 Earnings Snapshot
The company, based in San Francisco, said it had earnings of $1.43 per share. Earnings, adjusted for one-time gains and costs, were $1.42 per share. The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.
Wells Fargo Stock Climbs as Earnings Top Estimates
Wells Fargo (WFC) shares climbed in pre-market trading Wednesday after the bank reported fourth-quarter profit and net interest income that topped analysts' estimates. The lender reported $5.08 billion in net income for the quarter,
Wells Fargo (WFC) Beats Q4 Earnings Estimates
Wells Fargo (WFC) came out with quarterly earnings of $1.42 per share, beating the Zacks Consensus Estimate of $1.34 per share. This compares to earnings of $1.29 per share a year ago. These figures are adjusted for non-recurring items.
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on MSN
These Stocks Are Moving the Most Today: JPMorgan, Wells Fargo, Goldman, Citigroup, BlackRock, D-Wave Quantum, Beacon Roofing, and More
Fourth-quarter earnings at JPMorgan Chase, Wells Fargo, Goldman Sachs, and Citigroup beat analysts’ estimates.
3h
Wells Fargo Takes $647 Million Severance Charge as Expenses Cut
Wells Fargo & Co. took a $647 million severance charge in the fourth quarter, as Chief Executive Officer Charlie Scharf ...
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on MSN
Solid Results Lifted Wells Fargo & Company (WFC) in Q4
Oakmark Funds, advised by Harris Associates, released its “Oakmark Fund” fourth quarter 2024 investor letter. A copy of the ...
1h
Consumer Spending Remains Strong, Says Wells Fargo Finance Chief
The overall health of the American consumer is generally strong, said Wells Fargo Chief Financial Officer Mike Santomassimo ...
2h
Bank earnings: JPMorgan's stock shoots toward record after beat, Wells Fargo tops estimates
JPMorgan, Wells Fargo, Goldman Sachs and Citi are kicking off earnings season on Wednesday with their December-quarter ...
2h
Wells Fargo Profit Rises 47%
Wells Fargo is out with its fourth-quarter results. Here are the highlights: Net income rose 47% to $5.08 billion. That ...
3h
Wells Fargo's Fourth-Quarter Profit Tops Estimates
Wells Fargo reported earnings per share of $1.43 for the fourth quarter, beating Wall Street’s consensus estimate of $1.35. A ...
bankingdive
1h
3 ex-Wells Fargo execs fined $18.5M over fake-accounts scandal
The Office of the Comptroller of the Currency banned the bank’s former community bank group risk officer for life, among ...
6h
Bank earnings: JPMorgan, Wells Fargo, Goldman Sachs, Citigroup set to report
JPMorgan, Wells Fargo, Goldman Sachs and Citi kick off earnings season on Wednesday with their December-quarter results.
American Banker
1h
Wells Fargo's profits jump 47% amid dealmaking rebound
The megabank saw $5.1 billion in profits in its fourth quarter, as higher fees from investment banking and wealth management ...
2h
Wells Fargo Pins Decline in Net Interest Income on Lower Rates
Wells Fargo said fourth-quarter net interest income, a key metric for banks, fell 7% to $11.8 billion in the quarter from $12 ...
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