Wells Fargo & Company's Q4 2024 earnings showed significant net income growth, reversing a downward trend from earlier quarters. The bank's guidance for higher net interest income in 2025 ...
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.
Wells Fargo reported a 47% year-over-year (YoY) rise in Q4 net income to $5.08 billion. Net interest income (NII), the difference between interest earned and expended, fell 7% YoY to $11.84 ...
Wells Fargo Q4 2024 GAAP EPS of $1.43 beats consensus of $1.34; net income rises 47% year-over-year to $5.08 billion. Noninterest income grows 11% to $8.54 billion, driven by asset-based fees ...
The highlight of Wells Fargo's performance in the fourth quarter was the 4% sequential growth in non-interest-bearing deposits, "which funded modest loan growth as well as reduced borrowings ...
Wells Fargo posted mixed Q4 earnings, with revenue lagging while EPS gained, highlighting revenue growth challenges. Overall, the quarter reflected gains in profitability and a solid cost-cutting ...
Reports Q4 revenue $20.38B, consensus $20.58B. CEO Charlie Scharf commented, “Our solid performance this quarter caps a year of significant progress for Wells Fargo (WFC). Our earnings profile ...
Following the 2024 presidential election, survey results in Wells Fargo’s Q4/24 Commercial Business Sentiment Report revealed ...
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo today released its 2024 Q4 Commercial Business Sentiment Report in collaboration with Barlow Research Associates. Following the 2024 presidential ...