Categories AlphaGraphs, Earnings, Finance

WFC Earnings: Key quarterly highlights from Wells Fargo’s Q1 2023 financial results

Wells Fargo & Company (NYSE: WFC) reported first quarter 2023 earnings results today.

Total revenue increased 17% year-over-year to $20.7 billion.

Net income rose over 30% to $4.9 billion, or $1.23 per share, compared to last year.

Revenue and earnings surpassed expectations, allowing the stock to gain over 2% in premarket hours on Friday.  

Average loans totaled $948.7 billion in the first quarter of 2023.

Prior performance

Wells Fargo Q4 2022 earnings infographic

Most Popular

CVX Earnings: Chevron reports lower revenue and profit for Q3 2024

Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to

Key highlights from Exxon Mobil Corporation’s (XOM) Q3 2024 earnings results

Exxon Mobil Corporation (NYSE: XOM) reported its third quarter 2024 earnings results today. Total revenues and other income remained relatively flat at $90 billion compared to the same period a

AAPL Earnings: Apple Q4 2024 sales rise 6% YoY, beat estimates

Apple Inc. (NASDAQ: AAPL) reported an increase in revenues for the fourth quarter of 2024. The top line came in above estimates. The gadget giant generated revenues of $94.9 billion

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top