I expect strong Q1 earnings from Wells Fargo, but I'm less upbeat for the remainder of the year. Investment banking activity is likely to slow down significantly in 2025, and credit risk could mount as well. Wells Fargo is making progress with regulators, and the share buyback is soaking up huge amounts of stock. These factors help drive a longer-term bullish view.
Wells Fargo derived 58% of its 2024 revenues from net interest income, higher than large peers but lower than most regional banks. The bank's provisioning is already quite conservative going into Q1 2025 earnings, but lower net interest income should weigh on profits. Even so, I expect Wells Fargo to maintain robust coverage of preferred share dividends.
JPMorgan Chase (JPM), Wells Fargo (WFC) and Morgan Stanley (MS) kick off big bank earnings on Friday. Bob Lang says the group has ways to go after falling below the 200-Day SMA.
WFC's Q1 results are likely to reflect the benefits of decent loan demand. Yet, weak asset quality and rising costs are expected to have hurt.
Evaluate the expected performance of Wells Fargo (WFC) for the quarter ended March 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Wells Fargo (WFC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Wells Fargo (WFC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Zacks.com users have recently been watching Wells Fargo (WFC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
With only 4 consent orders remaining, momentum is building toward the potential lifting of the $1.95T asset cap—a major growth catalyst. The company has delivered 18 consecutive earnings beats and 11% Y/Y EPS growth, signaling operational consistency and improving profitability. Despite a 28% stock rally, the firm remains undervalued, trading at a ~9% discount to its sector on a PEG basis.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Wells Fargo (WFC) have what it takes?
Did Warren Buffett Make a Mistake When He Sold This Stock? The Company Is on the Precipice of a Monumental Achievement
Chris Harvey, Wells Fargo Securities, joins 'Fast Money' to talk how to navigate the current market volatility.