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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.

American Banker · 3h

Wells Fargo's profits jump 47% amid dealmaking rebound

The megabank saw $5.1 billion in profits in its fourth quarter, as higher fees from investment banking and wealth management offset weaker interest income on loans.

MarketWatch · 8h

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 · 9h

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.

Investopedia on MSN · 4h

Wells Fargo Stock Climbs as Earnings Top Estimates

Wells Fargo (WFC) shares climbed in pre-market trading Wednesday after the bank reported fourth-quarter profit and net interest income that topped analysts' estimates. The lender reported $5.08 billion in net income for the quarter,

Wells Fargo, JPMorgan Chase, and More Set to Report

YAHOO!Finance · 16m

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: ^IXIC) higher by 1.6% and 1.9% as of 10 a.m. ET. In fact, Wells Fargo (NYSE: WFC),

The New York Times · 3h

JPMorgan Chase, Wells Fargo and Goldman Sachs Report Big Profits

The largest banks, including JPMorgan Chase, Wells Fargo and Goldman Sachs, reported bumper profits on Wednesday.

Barron's · 1h

Bank Earnings: Wells Fargo, JPMorgan Chase, and More Report Results

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 earnings climb

Reuters · 6h

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.

Houston Chronicle · 5h

Wells Fargo: Q4 Earnings Snapshot

The company, based in San Francisco, said it had earnings of $1.43 per share. Earnings, adjusted for one-time gains and costs, were $1.42 per share. The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.

Investopedia on MSN · 4h

Wells Fargo Stock Climbs as Earnings Top Estimates

DPA International on MSN55m

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 ...

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 ...

37m

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 ...

bankingdive3h

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 ...

51mon MSN

These Stocks Are Moving the Most Today: JPMorgan, Wells Fargo, Goldman, Citigroup, BlackRock, D-Wave Quantum, Beacon Roofing, and More

Fourth-quarter earnings at JPMorgan Chase, Wells Fargo, Goldman Sachs, and Citigroup beat analysts’ estimates.

22hon MSN

Former Wells Fargo Executives 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 ...

49mon MSN

Wells Fargo upgrades CareDx, but lowers price target

Wells Fargo has upgraded CareDx (NASDAQ:CDNA) to equal weight from underweight, citing valuation, but lowered its price ...

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Wells Fargo's profit beats on dealmaking rebound

Wells Fargo, JPMorgan Chase, and More Set to Report

Wells Fargo earnings climb

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