Wells Fargo & Company (NYSE: WFC) reported its second quarter 2024 earnings results today. Total revenue rose 1% year-over-year to $20.7 billion. Net income dropped 1% to $4.9 billion while EPS grew 6% to $1.33. Revenue and earnings surpassed projections. Average loans were down 3% while average deposits remained flat during the quarter. The stock […]
“Wells Fargo & Company (NYSE: WFC) reported its second quarter 2024 earnings results today. Total revenue rose 1% year-over-year to $20.7 billion. Net income dropped 1% to $4.9 billion while EPS grew 6% to $1.33. Revenue and earnings surpassed projections. Average loans were down 3% while average deposits remained flat during the quarter. The stock […]
· July 12, 2024
Wells Fargo & Company (NYSE: WFC) reported its second quarter 2024 earnings results today.
Total revenue rose 1% year-over-year to $20.7 billion.
Net income dropped 1% to $4.9 billion while EPS grew 6% to $1.33.
Revenue and earnings surpassed projections.
Average loans were down 3% while average deposits remained flat during the quarter.
The stock dropped over 5% in premarket hours on Friday.
