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April 11 (Reuters) - Wells Fargo's (WFC.N), opens new tab profit beat expectations in the first quarter as the bank cut costs and set aside less money to cover potential loan losses, but its CEO ...
Jan 13 (Reuters) - Wells Fargo & Co (WFC.N), opens new tab on Friday reported a 50% decline in profit for the fourth quarter, missing analysts' estimates, as the bank racked up more than $3 ...
Wells Fargo said Friday that net income for the first ... A year ago, the San Francisco-based lender reported $4.6 billion of profit, or $1.20 per share, on revenue of $20.86 billion.
(Michael Nagle/Bloomberg News) Wells Fargo (WFC) said its profit fell in the third quarter, weighed down by higher funding costs for customer deposits. Net interest income—which reflects the ...
The deposit competition that's weighed on Wells Fargo's profits appears to be easing, executives at the megabank said Friday, an optimistic assessment that bodes well for others in the industry. The ...
Wells Fargo & Company (NYSE:WFC) has been on a tear since October 2023. The stock surged over 58%, from a low of $38.5 to a 2018 high of $62.55 on May 15, 2024.
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.
(Reuters) -Wells Fargo's profit beat analysts expectations in the third quarter as it set aside less money than expected to cover potential loan losses and predicted its interest income would ...
In its fourth quarter 2024 investor letter, Diamond Hill Large Cap Strategy emphasized stocks such as Wells Fargo & Company (NYSE:WFC). Wells Fargo & Company (NYSE:WFC) is a diversified financial ...
Wells Fargo downgraded Exelixis (EXEL ... With the shares up 71% in the past 12 months, it is time to take profits and move to the sidelines given the more balanced risk/reward at these levels ...
Wells Fargo Beats Profit Estimates but CEO Warns Tariffs Could Slow Economic Growth By Arasu Kannagi Basil and Saeed Azhar (Reuters) -Wells Fargo's profit beat expectations in the first quarter as ...