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%. The bank said that it has a solid pipeline in its investment banking business while its net interest income,
Wells Fargo shares jump after earnings beat, strong 2025 guidance
The lender expects 2025 net interest income, a key measure of what a bank makes on lending, to be 1% to 3% higher than 2024’s number of $47.7 billion.
Wells Fargo Stock Gains as Q4 Earnings Beat on Higher Fee Income
Shares of Wells Fargo & Company WFC jumped 4.6% in the pre-market trading session today as the company reported its fourth-quarter 2024 adjusted earnings per share of $1.42, which surpassed the Zacks Consensus Estimate of $1.
Wells Fargo Rises Pre-Market After Q4 Earnings Beat, Strong 2025 Guidance: Retail Sentiment Hits Year-High
Shares of Wells Fargo & Co (WFC) rose over 3% in Wednesday’s pre-market session after the lender reported upbeat fourth-quarter earnings and announced solid guidance for 2025. The lender reported a marginal rise in its fourth-quarter (Q4) revenue to $20.
Wells Fargo Q4 earnings top consensus; introduces strong 2025 guidance
Wells Fargo (NYSE:WFC) stock rose 3.8% in Wednesday premarket trading after the banks turned in mixed Q4 results, but expects net interest income to rise and noninterest expenses to decline in 2025. The San Francisco-based bank expects 2025 net interest income to rise ~1%-3% from 2024's $47.
Wells Fargo shares climb on net interest income beat in Q4, 2025 outlook
Wells Fargo (NYSE:WFC) shares climbed more than 2% in premarket trading Wednesday after the US bank reported better-than-expected earnings per share (EPS) and net interest income for the fourth quarter of fiscal 2024.
Wells Fargo CFO on Q4: Great quarter caps off a really good year
Mike Santomassimo, Wells Fargo CFO, joins 'Money Movers' to discuss the company's quarterly earnings results. Shopping for a ...
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.
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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 ...
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, 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 ...
Wells Fargo, Goldman Sachs, and Citigroup Are All Soaring. Here's Why.
The stock market was having a strong day on Wednesday, with the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ...
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 ...
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3 ex-Wells Fargo execs fined $18.5M over fake-accounts scandal
The Office of the Comptroller of the Currency banned the bank’s former community bank group risk officer for life, among ...
Why Wells Fargo's Revenue Miss Isn't Worrying Wall Street
Wells Fargo stock is one of the best S&P 500 stocks Wednesday even after the big bank's top-line miss. Here's what you need ...
Bank Earnings: Wells Fargo, JPMorgan Chase, and More Report Results
On Wednesday, three of the four largest U.S. banks—JPMorgan Chase, Wells Fargo, and Citigroup—will report their earnings for ...