Categories AlphaGraphs, Finance

WFC Earnings: All you need to know about Wells Fargo Q2 2022 earnings results

Wells Fargo & Company (NYSE: WFC) reported second quarter 2022 earnings results today.

Total revenue decreased 16% year-over-year to $17 billion.

Net income fell 48% to $3.1 billion, or $0.74 per share, from the prior-year quarter.

Both the top and bottom line numbers missed expectations.

Average loans were up 8% to $926.6 billion while deposits were up 1% to $1.4 trillion.

Prior performance

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

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