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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.

MarketWatch · 21h

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,

Wall Street Journal · 22h

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, TD Bank

USA Today · 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 not to settle.

The Wall Street Journal on MSN · 1d

Former Wells Fargo Execs 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 bank accounts, the Office of the Comptroller of the Currency said Tuesday.

The (Raleigh) News & Observe… · 19h

3 former Wells Fargo execs ordered to pay over $18 million in fake sales account scandal

Three former Wells Fargo executives must pay $18.5 million for their role in the bank’s widespread fake sales accounts scandal that came to light nearly a decade ago. Based in San Francisco, Wells Fargo has its biggest employee base in Charlotte,

Wells Fargo Q4 earnings top consensus

YAHOO!Finance · 7h

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.

Seeking Alpha on MSN · 16h

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

NBC New York · 17h

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.

14h

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.

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 ...

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 ...

18hon 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 ...

DPA International on MSN13h

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 ...

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 ...

InvestmentNews10h

Wells Fargo keeping focus on independent advisors in 2025

Wells Fargo & Co.’s multi-year plan to support and build its independent broker and advisor channel is to keep on rolling in ...

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Wells Fargo's profit beats on dealmaking rebound

Wells Fargo, TD Bank

Wells Fargo Q4 earnings top consensus

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