Wells Fargo & Company (WFC)
Wells Fargo Turns to Digital, AI as Inflation Batters Deposits
Banks today are caught between an ongoing digital shift and a challenging macro environment.
Why Wells Fargo Stock Is Falling Today
Wells Fargo beat top- and bottom-line estimates in the second quarter. But the bank sees no net interest income recovery in the near future.
Wells Fargo's (WFC) Q2 Earnings Beat on Higher Fee Income
The rise in non-interest income and lower provisions support Wells Fargo's (WFC) Q2 earnings while lower net interest income and a rise in expenses act as headwinds.
Wells Fargo (WFC) Reports Q2 Earnings: What Key Metrics Have to Say
The headline numbers for Wells Fargo (WFC) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Wells Fargo Stock Sinks as Q2 Net Interest Income Drags
Wells Fargo (WFC) shares sank Friday after the lender reported a slump in second-quarter net interest income that offset higher-than-forecast results.
Wells Fargo shares fall after net interest income misses estimates
Wells Fargo & Co (NYSE:WFC, ETR:NWT) shares dropped premarket after the bank reported lower-than-expected net interest income for Q2. Despite a net income of $4.9 billion and an earnings per share (EPS) of $1.33, exceeding analysts' expectations of $1.29, net interest income fell short at $11.92 billion compared to the estimated $12.12 billion.
Wells Fargo (WFC) Surpasses Q2 Earnings and Revenue Estimates
Wells Fargo (WFC) came out with quarterly earnings of $1.33 per share, beating the Zacks Consensus Estimate of $1.27 per share. This compares to earnings of $1.25 per share a year ago.
Wells Fargo shares tumble after net interest income falls short of estimates
The San Francisco-based bank recorded $11.92 billion in net interest income, a key measure of what a bank makes on lending, marking a 9% year-over-year decline.
Wells Fargo profit falls on deposit costs
Wells Fargo's second-quarter profit declined and it missed estimates for interest income as the lender shelled out more to hold on to customers' deposits amid intense competition, sending its shares down more than 5% lower in premarket trading.
What You Need To Know Ahead Of Big Bank Earnings This Week
Big bank earnings kick off Friday with Citi (C), Wells Fargo (WFC) and JPMorgan Chase (JPM) reporting their second-quarter results. Bank of America (BAC) is set to follow on Tuesday.
What Analyst Projections for Key Metrics Reveal About Wells Fargo (WFC) Q2 Earnings
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Wells Fargo (WFC), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.
Wells Fargo Likely To Report Higher Q2 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Wells Fargo & Company WFC is scheduled to release its financial results for the second quarter, before the opening bell on Friday, July 12.
