Categories AlphaGraphs, Earnings, Finance
WFC Earnings: Key quarterly highlights from Wells Fargo’s Q1 2023 financial results
Wells Fargo & Company (NYSE: WFC) reported first quarter 2023 earnings results today.
Total revenue increased 17% year-over-year to $20.7 billion.
Net income rose over 30% to $4.9 billion, or $1.23 per share, compared to last year.
Revenue and earnings surpassed expectations, allowing the stock to gain over 2% in premarket hours on Friday.
Average loans totaled $948.7 billion in the first quarter of 2023.
Prior performance
Most Popular
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
Target (TGT): A look at some of the challenges faced by the retailer in 3Q24
Shares of Target Corporation (NYSE: TGT) stayed green on Thursday, recovering from the stumble it took a day ago after delivering disappointing results for the third quarter of 2024 and
