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Wells Fargo, interest income

Wells Fargo raises interest income forecast as strong dealmaking drives profit beat

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, sending shares up 6%. The bank said that it has a solid pipeline in its investment banking business while its net interest income,

MarketWatch · 9h

Wells Fargo's net interest income falls 7% but beats estimates

Wells Fargo's net interest income for the fourth quarter came in at $11.836 billion, down 7% from a year earlier, but ahead of the FactSet consensus of $11.741 billion. The bank reported a taxable equ

CNBC on MSN · 6h

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. Carrie Underwood To Perform At Trump Inauguration Social Security will have these additional benefits in 2025 You stay,

Wells Fargo, Citigroup and Goldman Sachs

The Motley Fool on MSN · 2h

Wells Fargo, Goldman Sachs, and Citigroup Are All Soaring. Here's Why.

The stock market was having a strong day on Wednesday, with the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) higher by 1.6% and 1.9% as of 10 a.m. ET. In fact, Wells Fargo (NYSE: WFC),

MarketWatch · 3h

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 results.

Barron's · 3h

Bank Earnings: Wells Fargo, JPMorgan Chase, and More Report Results

On Wednesday, three of the four largest U.S. banks—JPMorgan Chase, Wells Fargo, and Citigroup—will report their earnings for 2024 and the fourth quarter, as will Goldman Sachs, the sixth-largest lender. Bank of America and Morgan Stanley are due to report on Thursday morning.

Wells Fargo's 4th-Quarter Profit Tops Estimates

Barron's · 6h

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 year earlier, the bank reported profit of 86 cents a share. Net interest income,

DPA International on MSN · 2h

Wells Fargo net income rises in fourth quarter, revenue down slightly

Fourth quarter net income for Wells Fargo increased to $5.08 billion from $3.45 billion compared to the same period in the previous year, the US financial services company said on Wednesday. Earnings per share were $1.

Business Insider · 6h

Wells Fargo Q4 Net Income Rises, Revenue Down Slightly; Issues 2025 Outlook

Wells Fargo (WFC) reported that its fourth quarter earnings per share increased 11% from a year ago. Net interest income decreased

Wells Fargo, sales practices

bankingdive · 5h

3 ex-Wells Fargo execs fined $18.5M over fake-accounts scandal

The Office of the Comptroller of the Currency banned the bank’s former community bank group risk officer for life, among other penalties handed down Tuesday.

Raleigh News & Observer · 8h

3 former Wells Fargo execs ordered to pay over $18 million in fake sales account scandal

Three former Wells Fargo executives must pay $18.5 million for their role in the bank’s widespread fake sales accounts scandal that came to light nearly a decade ago. Based in San Francisco, Wells Fargo has its biggest employee base in Charlotte,

The Business Journals · 22h

Three more former Wells Fargo execs fined for sales practices scandal

Bank regulators say a new round of fines is the final enforcement action against former Wells Fargo executives after the sales practices scandal that came to light in 2016.

Wells Fargo Takes $647 Million Severance Charge as Expenses Cut

Wells Fargo & Co. took a $647 million severance charge in the fourth quarter, as Chief Executive Officer Charlie Scharf ...

1hon MSN

These Stocks Are Moving the Most Today: JPMorgan, Wells Fargo, Goldman, Citigroup, BlackRock, Quantum Computing, and More

Fourth-quarter earnings at JPMorgan Chase, Wells Fargo, Goldman Sachs, and Citigroup beat analysts’ estimates.

2hon MSN

Why Wells Fargo's Revenue Miss Isn't Worrying Wall Street

Wells Fargo stock is one of the best S&P 500 stocks Wednesday even after the big bank's top-line miss. Here's what you need ...

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 ...

1hon MSN

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. Shopping for a ...

Consumer Spending Remains Strong, Says Wells Fargo Finance Chief

The overall health of the American consumer is generally strong, said Wells Fargo Chief Financial Officer Mike Santomassimo ...

Three Reasons Why Wells Fargo Predicts 70% Plunge on Tesla's Stock

Wells Fargo has just reaffirmed on its bearish Tesla call, ignoring the stock's rally and as a reminder to investors that ...

2hon MSN

Wells Fargo upgrades CareDx, but lowers price target

Wells Fargo has upgraded CareDx (NASDAQ:CDNA) to equal weight from underweight, citing valuation, but lowered its price ...

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Wells Fargo, interest income

Wells Fargo, Citigroup and Goldman Sachs

Wells Fargo's 4th-Quarter Profit Tops Estimates

Wells Fargo, sales practices

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