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Wells Fargo (WFC) Q3 2024 Earnings: Key financials and quarterly highlights

Wells Fargo & Company (NYSE: WFC) reported its third quarter 2024 earnings results today. Total revenue decreased 2% year-over-year to $20.37 billion. Net income dropped 11% to $5.1 billion and EPS fell 4% to $1.42 compared to last year. Earnings beat estimates while revenue fell short. Average loans amounted to $910.3 billion while average deposits […]

October 11, 2024 1 min read

Wells Fargo & Company (NYSE: WFC) reported its third quarter 2024 earnings results today. Total revenue decreased 2% year-over-year to $20.37 billion. Net income dropped 11% to $5.1 billion and EPS fell 4% to $1.42 compared to last year. Earnings beat estimates while revenue fell short. Average loans amounted to $910.3 billion while average deposits […]

Wells Fargo & Company (NYSE: WFC) reported its third quarter 2024 earnings results today.

Total revenue decreased 2% year-over-year to $20.37 billion.

Net income dropped 11% to $5.1 billion and EPS fell 4% to $1.42 compared to last year.

Earnings beat estimates while revenue fell short.

Average loans amounted to $910.3 billion while average deposits totaled $1.34 trillion.

The stock climbed 5% in morning trade on Friday.

Prior performance

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