Wells Fargo earnings climb

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 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's net interest income falls 7% but beats estimates
Wells Fargo's net interest income for the fourth quarter came in at $11.836 billion, down 7% from a year earlier, but ahead of the FactSet consensus of $11.741 billion. The bank reported a taxable equ
Wells Fargo's profit beats as rebound in dealmaking boosts investment banking
Wells Fargo's fourth-quarter profit beat Wall Street expectations as a rebound in dealmaking activity bolstered the lender's investment banking business. Shares of the bank rose 3.1% to $73.40 in premarket trading on Wednesday after it also forecast net interest income (NII) — or the difference between what it earns on loans and pays out for deposits — would increase in 2025.
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.
Wells Fargo: Q4 Earnings Snapshot
The San Francisco-based company said it had earnings of $1.43 per share. Earnings, adjusted for one-time gains and costs, were $1.42 per share. The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.
Wells Fargo profits rise on strong investment banking performance
The US Federal Reserve imposed a $1.95 trillion asset cap in 2018 that prevents Wells Fargo from growing until regulators deem it has fixed failings in its governance and risk management
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 ...
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 ...
Wells Fargo Q4 earnings top consensus; introduces strong 2025 guidance
Wells Fargo stock rose 3.8% in premarket trading after reporting mixed Q4 earnings, with expectations of rising net interest ...
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 ...
Former Wells Fargo Executives Fined for Role in Fraudulent Bank Accounts
Three former Wells Fargo executives have been fined a total of $18.5 million for their alleged roles in opening fraudulent ...
Wells Fargo Q4 Net Income Rises, Revenue Down Slightly; Issues 2025 Outlook
Wells Fargo (WFC) reported that its fourth quarter earnings per share increased 11% from a year ago. Net interest income decreased ...
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 ...
Wells Fargo loan loss provisions lower than a year ago
Wells Fargo set aside $1.095 billion in provisions for potential loan losses in the fourth quarter, down from $1.282 billion a year ago. The bank ended the quarter with $906.4 billion in average loans ...