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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.
Wells Fargo Q4 earnings top consensus
Wells Fargo (WFC) Q4 2024 Earnings Call Transcript
Welcome, and thank you for joining the Wells Fargo fourth-quarter 2024 earnings conference call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator instructions] Please note that today's call is being recorded.
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 income and lower expenses
Wells Fargo shares jump after earnings beat, strong 2025 guidance
CNBC's Leslie Picker joins 'Squawk Box' to report on the company's quarterly earnings results. Carrie Underwood To Perform At Trump Inauguration Social Security will have these additional benefits in 2025 You stay,
18h
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 ...
13h
Wells Fargo scandal: US bank regulator fines three former executives over fake accounts
The trio had been previously charged by the OCC in 2020, alongside other former senior leadership of the bank, but had opted ...
8h
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 ...
13h
Wells Fargo raises interest income forecast as strong dealmaking drives profit beat
Wells Fargo's profit climbed in the fourth quarter, buoyed by stronger investment banking earnings, it said on Wednesday.
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13h
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 ...
8h
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 ...
18h
on MSN
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. The ...
8h
Wells Fargo CFO says office CRE fundamentals ‘remain weak’
Wells Fargo's quarterly earnings call included discussion of what the eventual lifting of the Fed-imposed asset cap would ...
8h
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 ...
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