wells fargo profit - Search News

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.

National Mortgage News · 1d

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.

AOL · 2h

BofA beats profit expectations on trading boost, sees higher 2025 interest income

The earnings mirror those of rivals across Wall Street including JPMorgan, Goldman Sachs, Wells Fargo, and Citigroup, whose results were buoyed by stronger equity markets and investment banking. "Every source of revenue increased,

Bank of America Reports 4th Quarter 2024 Financial Results

Barron's · 18h

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 year earlier, the bank reported profit of 86 cents a share. Net interest income,

MarketWatch · 5h

Bank of America Reports Fourth Quarter 2024 Financial Results

Bank of America reported its fourth quarter 2024 financial results today. The news release, supplemental filing and investor presentation can be accessed at Bank of America's Investor Relations website at Chief Executive Officer Brian Moynihan and Chief Financial Officer Alastair Borthwick will discuss the financial results in an investor conference call at 11:00 a.

Business Insider · 19h

Concentrix Reports Fourth Quarter and Fiscal Year 2024 Results

Delivers revenue growth at the high end of previous guidance range for the quarterReturns $220 million to shareholders in fiscal 2024 through

JPMorgan posts record profit

MarketWatch · 18h

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.

NBC News on MSN · 20h

JPMorgan Chase posts record profit as the bank’s massive scale pays off

JPMorgan Chase on Wednesday posted record quarterly and annual earnings and revenue, reinforcing the company’s status as the biggest and most profitable bank in U.S. history.

The Washington Post · 1d

JPMorgan posts record annual profits as major US banks thrive in the final quarter of 2024

JPMorgan’s net income soared 50% to more than $14 billion in the fourth quarter as the bank’s profit and revenue easily beat Wall Street forecasts, and other major banks reported banner earnings for t

Wells Fargo earnings climb

Reuters · 1d

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.

MarketWatch · 1d

Wells Fargo profit from home lending climbs

Wells Fargo said profit at its consumer bank from home lending rose to $854 million in the fourth quarter from $839 million a year ago, while profit from credit card lending rose to $1.489 billion from $1.

Investopedia on MSN · 1d

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,

Winston-Salem Journal2h

Wells Fargo business exits strategy boosts fourth-quarter profit 47%

Wells Fargo & Co. reported Wednesday that a series of recent business exits and heightened emphasis on fee revenue boosted ...

20h

Why investors seem giddy about once-troubled Wells Fargo

Wells Fargo CEO Charlie Scharf validates some of the optimism, telling analysts he feels "really great about our progress." ...

23hon MSN

Wells Fargo, Goldman Sachs, and Citigroup Are All Soaring. Here's Why.

Goldman Sachs ( GS 6.02%), and Citigroup ( C 6.49%) were all higher by 5% or more for the day. There are two main reasons why ...

BofA Profit Jumps on Investment Banking, Trading Boost

BofA's investment banking fees jumped 44% to $1.7 billion in the fourth quarter, compared with a year earlier. Across the ...

Morgan Stanley Profit More Than Doubles in First Year Under CEO Pick

Morgan Stanley turned in $3.7 billion of profit in the fourth quarter, up 147% from a year earlier and exceeding analysts’ ...

2don MSN

Jim Cramer Says Wells Fargo & Company (WFC) Could Be ‘A Real Opportunity’

Stocks in Focus This Week. In this article, we are going to take a look at where Wells Fargo & Company (NYSE:WFC) stands ...

UnitedHealth (UNH) Receives a Buy from Wells Fargo

In a report released on January 10, Stephen Baxter from Wells Fargo maintained a Buy rating on UnitedHealth (UNH – Research Report), with a ...

Big Banks Kick Off Earnings. Wall Street Braces for Profit Surge.

The biggest banks in the U.S. are expected to report this week that they drove far higher profits in the fourth quarter than ...

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