Wells Fargo 3q Profit Up 21 Percent, Revenue Slips

Wells Fargo & Co. on Monday said that its third-quarter profit jumped 21 percent, as write offs of bad loans dropped while deposits grew.

Topics:  wells fargo    co   profit   percent   
BING NEWS:
  • Wells Fargo business exits strategy boosts fourth-quarter profit 47%
    Wells Fargo & Co. reported Wednesday that a series of recent business exits and heightened emphasis on fee revenue boosted fourth-quarter net income by 47.4% to $5.08 billion.
    01/16/2025 - 1:00 am | View Link
  • 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% ...
    01/15/2025 - 9:52 am | View Link
  • 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 ...
    01/15/2025 - 3:42 am | View Link
  • Why Wells Fargo's Revenue Miss Isn't Worrying Wall Street
    Wells Fargo is one of the best S&P 500 stocks Wednesday even after the big bank's top-line miss. Here's what you need to know.
    01/15/2025 - 3:29 am | View Link
  • Wells Fargo Profit Jumps, Boosted by Fee-Based Businesses
    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.
    01/14/2025 - 11:03 pm | View Link
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