wells fargo profit - Search News

Wells Fargo's profit beats on dealmaking rebound

Wells Fargo's profit beats on dealmaking rebound as it raises interest income forecast

Wells Fargo's profit beat expectations in the fourth quarter powered by a rebound in dealmaking activity and forecast it would earn more from interest payments this year. The bank's shares rose 3.5% to $73.

MarketWatch · 7h

Wells Fargo's stock up 3% as profit beat offsets revenue miss

Wells Fargo & Co.'s stock jumped 3% early Wednesday, after the bank posted better-than-expected fourth-quarter profit, offsetting a revenue miss. . The bank posted net income of $5.1 billion, or $1.43 a share,

Wall Street Journal · 16h

Wells Fargo Profit Rises 47%

Wells Fargo is out with its fourth-quarter results. Here are the highlights: Net income rose 47% to $5.08 billion. That amounted to $1.43 a share, above what analysts polled by FactSet expected. Revenue was down slightly at $20.

Wells Fargo earnings climb

U.S. News & World Report · 12h

Wells Fargo Earnings Climb as Investment Banking Shines

Wells Fargo's investment banking fees jumped 59% to $725 million in the quarter compared with a year earlier. The bank also benefited from easier comparisons with the year earlier, when it took sizeable charges related to severance costs and a special assessment fee it had to pay to refill a government deposit insurance fund.

MarketWatch · 15h

Wells Fargo profit from home lending climbs

Wells Fargo said profit at its consumer bank from home lending rose to $854 million in the fourth quarter from $839 million a year ago, while profit from credit card lending rose to $1.489 billion from $1.

Investopedia on MSN · 11h

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. The lender reported $5.08 billion in net income for the quarter,

12h

Wells Fargo's Fourth-Quarter Profit Tops Estimates

Wells Fargo reported earnings per share of $1.43 for the fourth quarter, beating Wall Street’s consensus estimate of $1.35. A ...

Bank earnings: JPMorgan, Wells Fargo, Goldman Sachs post beats, and Citi swings to a profit

JPMorgan, Wells Fargo, Goldman Sachs and Citi are kicking off earnings season on Wednesday with their December-quarter ...

Financial Planning5m

Despite $50M sweeps hit, Wells Fargo's wealth profits soar

Wells Fargo and other large wealth managers have been under scrutiny from plaintiffs' lawyers and regulators for the returns they pay on uninvested cash. It hardly mattered for Wells' bottom line last ...

Why investors seem giddy about once-troubled Wells Fargo

Wells Fargo CEO Charlie Scharf validates some of the optimism, telling analysts he feels "really great about our progress." ...

7hon MSN

JPMorgan posts record annual profits as major US banks thrive in the final quarter of 2024

JPMorgan’s net income soared 50% to more than $14 billion in the fourth quarter as the bank’s profit and revenue easily beat ...

1hon MSN

Wall Street rips higher on inflation data and strong bank profits

Wall Street has been seesawing for weeks as traders tear up their forecasts for what the Fed will do with interest rates in ...

1don MSN

Jim Cramer Says Wells Fargo & Company (WFC) Could Be ‘A Real Opportunity’

Stocks in Focus This Week. In this article, we are going to take a look at where Wells Fargo & Company (NYSE:WFC) stands ...

UnitedHealth (UNH) Receives a Buy from Wells Fargo

In a report released on January 10, Stephen Baxter from Wells Fargo maintained a Buy rating on UnitedHealth (UNH – Research Report), with a ...

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