Wells Fargo raises interest income forecast as strong dealmaking drives profit beat
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, sending shares up 6%.
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,
JPMorgan, Wells Fargo report 50% surge in Q4 net income, beat estimates
JPMorgan shares jumped on the bank's final financial results of 2024, climbing 2.6% before the bell. Wells Fargo’s net income nearly doubled to $5.1 billion, surpassing Wall Street forecasts. Wells Fargo Shares rose 3.
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'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 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,
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Wells Fargo Posts Mixed Fourth-Quarter Results, Eyes Net Interest Income Growth in 2025
Wells Fargo's (WFC) fourth-quarter top-line unexpectedly declined due to lower net interest income, while per-share earnings outperformed. Revenue, expressed as the sum of net interest income and ...
Bank earnings: JPMorgan, Wells Fargo, Goldman Sachs post beats, and Citi swings to a profit
JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.
Wells Fargo: Q4 EPS Surges, Revenue Dips
Wells Fargo posted mixed Q4 earnings, with revenue lagging while EPS gained, highlighting revenue growth challenges.
Wells Fargo (WFC) Receives a Rating Update from a Top Analyst
Oppenheimer analyst Chris Kotowski maintained a Hold rating on Wells Fargo (WFC – Research Report) today. The company’s shares closed yesterday ...
Why S&P 500’s financials sector is on pace for its best day since early November
Financial stocks had among the biggest gains among the S&P 500 ‘s 11 sectors in afternoon trading Wednesday, as shares of ...
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JPMorgan and Wells Fargo Report Surging Profits Amid Optimistic Economic Outlook
JPMorgan's net income surged by 50% to over USD 14 billion in Q4, exceeding Wall Street forecasts. Earnings per share climbed ...
Wells Fargo & Company (WFC): Here’s Why Jim Cramer is Bullish on Its Future Prospects
We recently published a list of Jim Cramer Discussed These 18 Stocks As Inflation Dropped. In this article, we are going to ...
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Wells Fargo Autographâ„  Card Review: Big Rewards, No Annual Fee
Cardholders can rack up triple points across a wide swath of common spending categories like dining, travel, gas stations and streaming — all while paying no annual fee. This card offers ...