Categories AlphaGraphs, Earnings, Finance

Earnings Infographic: Wells Fargo (WFC) Q1 earnings, revenue top expectations

Financial services provider Wells Fargo & Company (NYSE: WFC) Wednesday said its first-quarter 2021 profit increased from last year aided by higher revenues. The results also topped Wall Street’s projection.

Wells Fargo Bank Q1 2021 earnings infographic

At $18.1 billion, first-quarter revenues were up 2% from the year-ago period and slightly above the consensus forecast.

Net income increased to $4.7 billion or $1.05 per share from $653 million or $0.01 per share in the first quarter of 2020. Analysts were looking for slower growth.

Read management/analysts’ comments on Wells Fargo’s Q1 earnings

Shares of Wells Fargo closed the last trading session lower but made modest gains early Wednesday following the earnings announcement.

  • Wells Fargo (WFC) Q2 2020 Earnings Infograph


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