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Wells Fargo (WFC) Q2 2024 Earnings: Key financials and quarterly highlights

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.

Prior performance

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