Categories AlphaGraphs, Finance
WFC Earnings: Key quarterly highlights from Wells Fargo’s Q2 2023 financial results
Wells Fargo & Company (NYSE: WFC) reported second quarter 2023 earnings results today.
Total revenue increased 20% year-over-year to $20.5 billion.
Net income grew 57% to $4.93 billion while EPS rose 67% to $1.25.
Both the top and bottom line numbers beat estimates.
Average loans increased 2% YoY to $945.9 billion while average deposits were down 7% to $1.34 trillion.
The stock was up 3% in premarket hours on Friday following the earnings report.
Prior performance
Most Popular
Take-Two Interactive Software (TTWO) Earnings: 4Q24 Key Numbers
Take-Two Interactive Software, Inc. (NASDAQ: TTWO) reported net revenue of $1.40 billion for the fourth quarter of 2024, which was down 3% year-over-year. Net loss was $2.90 billion, or $17.02
Applied Materials (AMAT) Earnings: 2Q24 Key Numbers
Applied Materials, Inc. (NASDAQ: AMAT) reported revenue of $6.65 billion for the second quarter of 2024, which remained flat year-over-year. GAAP net income increased 9% to $1.72 billion and EPS
What to expect when Macy’s (M) reports its Q1 2024 earnings results
Shares of Macy’s, Inc. (NYSE: M) stayed green on Thursday. The stock has gained 23% over the past 12 months. The retailer is scheduled to report its first quarter 2024