Published Fri, Apr 12 20247:12 AM EDTUpdated Fri, Apr 12 202410:12 AM EDT Yun Li@YunLi626 Key Points Wells Fargo first-quarter earnings and revenue beat Wall Street expectations, despite a decline in net interest income. Net interest income decreased 8% in the quarter, due to the impact ...
Welcome, and thank you for joining the Wells Fargo third quarter 2024earnings conference call[Operator instructions] Please note that today's call is being recorded. I would now like to turn the call over to John Campbell, director of investor relations. Sir, you may begin the conference. Joh...
Unfortunately, there isn't much else in Wells Fargo's earnings that is giving investors a reason to cheer, aside from the bank's cost-cutting efforts, which I'll get to later on. In fact, unlike most other banks, many of Wells Fargo's numbers have actually gotten worse over the past ...
restrictions. the bank said the return of that cash, plus the sale of some student loans, helped boost its earnings by 30 cents per share. in the same quarter last year, just as the virus pandemic was blowing a hole through the global economy, wells reported a 90% plunge in profits...
Expectedearnings release datesOpens Dialoghave been announced for 2025. Information contained in a quarterly earnings release speaks only as of the date of the release. The information could be out of date and no longer accurate. We do not undertake any obligation to update the information, whethe...
Wells Fargo earnings rise 11 percent
Wells Fargo shares climbed in pre-market trading Wednesday after the bank reported fourth-quarter profit and net interest income that topped analysts' estimates.
Wells Fargo earnings come in under estimates for both profits and revenue Wells Fargo said Friday that second-quarter profit declined 48% from a year earlier as the bank set aside funds for bad loans and was stung by declines in its equity holdings. Here's what the company reported compared...
On Wednesday, three of the four largest U.S. banks—JPMorgan Chase, Wells Fargo, and Citigroup—will report their earnings for 2024 and the fourth quarter, as will Goldman Sachs, the sixth-largest lender. Bank of America and Morgan Stanley are due to report on Thursday morning. ...
Wells Fargo & Company (NYSE: WFC) Q1 2023 earnings call datedApr. 14, 2023 Corporate Participants: John Campbell—Director of Investor Relations Charlie Scharf—Chief Executive Officer Mike Santomassimo—Chief Financial Officer Analysts: Scott Siefers—Piper Sandler — Analyst ...