Wells Fargo & Company (WFC)
Wells Fargo Sees Strength in US Consumer, CFO Says
Wells Fargo Chief Financial Officer Mike Santomassimo speaks about what is driving the company's growth and loan demand. He says the US consumer in strong and they'll be hiring client-facing roles.
Wells Fargo & Company (WFC) Q4 2024 Earnings Call Transcript
Wells Fargo & Company (NYSE:WFC ) Q4 2024 Results Conference Call January 15, 2024 10:00 AM ET Company Participants John Campbell - Director of IR Charlie Scharf - CEO Mike Santomassimo - CFO Conference Call Participants John McDonald - Truist Securities Ebrahim Poonawala - Bank of America John Pancari - Evercore Erika Najarian - UBS Betsy Graseck - Morgan Stanley Matt O'Connor - Deutsche Bank David Long - Raymond James Vivek Juneja - JPMorgan Gerard Cassidy - RBC Capital Markets Saul Martinez - HSBC Operator Welcome, and thank you for joining the Wells Fargo Fourth Quarter 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise.
Wells Fargo CFO on Q4: Great quarter caps off a really good year
Mike Santomassimo, Wells Fargo CFO, joins 'Money Movers' to discuss the company's quarterly earnings results.
Wells Fargo Stock Gains as Q4 Earnings Beat on Higher Fee Income
WFC's fourth-quarter 2024 results benefit from an increase in fee income and lower expenses. A decline in NII acts as a spoilsport.
Big banks shine in Q4, but risks loom ahead
Big banks like JP Morgan (JPM), Citigroup (C), Goldman Sachs (GS), and Wells Fargo (WFC) reported strong profits in quarter four, ignited by a rebound in dealmaking and investment banking. Chris Whalen, chairman of Whalen Global Advisors, joins Morning Brief hosts Seana Smith and Brad Smith to analyze these results, highlighting JP Morgan's stability and conservative loan growth.
Here's What Key Metrics Tell Us About Wells Fargo (WFC) Q4 Earnings
While the top- and bottom-line numbers for Wells Fargo (WFC) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Wells Fargo (WFC) Beats Q4 Earnings Estimates
Wells Fargo (WFC) came out with quarterly earnings of $1.42 per share, beating the Zacks Consensus Estimate of $1.34 per share. This compares to earnings of $1.29 per share a year ago.
Wells Fargo delivers earnings beat, expects recovery in interest income
Shares in Wells Fargo & Co (NYSE:WFC, ETR:NWT) traded 3.3% higher pre-market on Wednesday on the back of earnings that beat Wall Street predictions and CEO Charlie Scharf saying the bank is "still in the early stages" of its transformation. Adjusted earnings per share for the fourth quarter of $1.42, up 1% on the preceding quarter last year and up 66% year on year, while beating the consensus forecast of $1.35, per LSEG.
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.
Wells Fargo shares jump after earnings beat, strong 2025 guidance
CNBC's Leslie Picker joins 'Squawk Box' to report on the company's quarterly earnings results.
Wells Fargo shares jump after earnings beat, strong 2025 guidance
The lender expects 2025 net interest income, a key measure of what a bank makes on lending, to be 1% to 3% higher than 2024's number of $47.7 billion.
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.
