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Wells Fargo's profit beats on dealmaking rebound
Wells Fargo's profit beats on dealmaking rebound as it raises interest income forecast
Wells Fargo's profit beat expectations in the fourth quarter powered by a rebound in dealmaking activity and forecast it would earn more from interest payments this year. The bank's shares rose 3.5% to $73.
Wells Fargo's stock up 3% as profit beat offsets revenue miss
Wells Fargo & Co.'s stock jumped 3% early Wednesday, after the bank posted better-than-expected fourth-quarter profit, offsetting a revenue miss. . The bank posted net income of $5.1 billion, or $1.43 a share,
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 amounted to $1.43 a share, above what analysts polled by FactSet expected. Revenue was down slightly at $20.
13h
Wells Fargo Shares Rise as Bank’s Cost-Cutting Efforts Take Hold
Wells Fargo & Co. took a $647 million severance charge in the fourth quarter, as Chief Executive Officer Charlie Scharf ...
5h
Why investors seem giddy about once-troubled Wells Fargo
Wells Fargo CEO Charlie Scharf validates some of the optimism, telling analysts he feels "really great about our progress." ...
DPA International on MSN
9h
Wells Fargo net income rises in fourth quarter, revenue down slightly
Fourth quarter net income for Wells Fargo increased to $5.08 billion from $3.45 billion compared to the same period in the ...
InvestmentNews
6h
Wells Fargo keeping focus on independent advisors in 2025
Wells Fargo & Co.’s multi-year plan to support and build its independent broker and advisor channel is to keep on rolling in ...
9h
Wells Fargo: Q4 EPS Surges, Revenue Dips
Wells Fargo posted mixed Q4 earnings, with revenue lagging while EPS gained, highlighting revenue growth challenges.
8h
Bank earnings: JPMorgan, Wells Fargo, Goldman Sachs post beats, and Citi swings to a profit
JPMorgan, Wells Fargo, Goldman Sachs and Citi are kicking off earnings season on Wednesday with their December-quarter ...
3h
Wells Fargo price target raised to $83 from $77 at Goldman Sachs
Goldman Sachs raised the firm’s price target on Wells Fargo (WFC) to $83 from $77 and keeps a Buy rating on the shares. The firm cites the ...
4h
on MSN
These Stocks Are Moving the Most Today: JPMorgan, Wells Fargo, Goldman, Citigroup, BlackRock, Quantum Computing, and More
Stocks held onto a rally Wednesday as core U.S. consumer price inflation was cooler than expected in December and some of the ...
Courthouse News Service
19h
Wells Fargo seeks dismissal of fraud claims linked to fake job interviews
Wells Fargo said there is no proof that its officers acted with intent to defraud or mislead in statements to the public or ...
Winston-Salem Journal
15h
Wells Fargo fraudulent customer account scandal resurfaces with three more former executives drawing OCC fines
The fourth-quarter earnings report from Wells Fargo & Co. was overshadowed by the disclosure of three more former senior ...
2d
Wells Fargo & Co. stock underperforms Monday when compared to competitors despite daily gains
The stock's rise snapped a three-day losing streak.
1d
on MSN
Jim Cramer Says Wells Fargo & Company (WFC) Could Be ‘A Real Opportunity’
Stocks in Focus This Week. In this article, we are going to take a look at where Wells Fargo & Company (NYSE:WFC) stands ...
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