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 […]
· October 11, 2024
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.
