Wells Fargo raises interest income forecast as third-quarter profit beats estimates
The lender now expects 2023 net interest income – the difference between what the bank earns on loans and pays out on deposits – to be about 16% higher than a year earlier.
Wells Fargo Earnings Beat Estimates on 3Q Net Interest Income
Wells Fargo & Co. reported third-quarter results that beat analysts' expectations for net interest income with the bank again raising its full-year guidance as it benefits from higher interest rate...
Wells Fargo shares rise after third-quarter results top Wall Street expectations
Wells Fargo on Friday surpassed Wall Street expectations in third-quarter earnings and revenue as the benefit from higher interest rates offset declining loan balances.
Wells Fargo's stock up 2% as third-quarter earnings top estimates by a wide margin
Wells Fargo & Co.'s stock jumped 2% early Friday, after the bank swept past earnings estimates for the third quarter.
Wells Fargo quarterly profit rises on higher interest income
Wells Fargo's profit rose in the third quarter as the U.S. lender benefited from customers paying higher interest on loans.
Bank earnings kick off with JPMorgan, Wells Fargo amid concerns about rising rates, bad loans
Higher rates are expected to lead to a jump in losses on banks' bond portfolios and contribute to funding pressures.
Bullish On Wells Fargo Stock Ahead Of Q3 Earnings
Earnings season for banks begins with Wells Fargo, JPMorgan Chase, and Citigroup on deck for Friday. Investors are concerned about the banking sector due to factors such as rising interest rates an...
Increased exposure to gold and commodities can give protection, says Fmr. Wells Fargo CEO Kovacevich
Dick Kovacevich, Former Wells Fargo CEO, joins 'Closing Bell: Overtime' to discuss rising rates and bank earnings.
Wells Fargo bulls need an earnings beat after the bank's shares have struggled so far in 2023
Wells Fargo & Company (NYSE:WFC) has a chance to mitigate what has been a less-than-ideal 2023 for its shares when the bank reports earnings before the bell Friday. The bank is expected to post re...
Wells Fargo (WFC) Advances But Underperforms Market: Key Facts
In the latest trading session, Wells Fargo (WFC) closed at $38.97, marking a +0.78% move from the previous day.
Wells Fargo (WFC) Divests $2B Private Equity Fund Investments
Wells Fargo (WFC) divests around $2 billion of private equity investments in certain funds to a group of leading investors to reallocate resources in core businesses.
Wells Fargo: A Solid Sell Setup In Place
Wells Fargo stock has been significantly underperforming the S&P. A clear sell setup is now in place. Would you like to see just how strong your bank is? We have developed a testing methodology for...
Will Wells Fargo (WFC) Beat Estimates Again in Its Next Earnings Report?
Wells Fargo (WFC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Wells Fargo sells $2 bln of private equity investments
Wells Fargo said on Friday it had sold about $2 billion of its private equity investments as the bank aims to sharpen focus on its core businesses.
Wells Fargo (WFC) Boosts Access, Adds Spanish-Language to Fargo
Wells Fargo (WFC) has introduced the Spanish-language feature in Fargo to provide access to a larger portion of its customer base.
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