Wells Fargo & Company (NYSE: WFC) reported first quarter 2024 earnings results today. Total revenue rose 1% year-over-year to $20.8 billion. Net income decreased 7% to $4.6 billion while EPS dropped 2% to $1.20. The top and bottom line numbers surpassed estimates but the stock stayed red in premarket hours on Friday. Average loans were […]
Wells Fargo & Company (NYSE: WFC) reported first quarter 2024 earnings results today. Total revenue rose 1% year-over-year to $20.8 billion. Net income decreased 7% to $4.6 billion while EPS dropped 2% to $1.20. The top and bottom line numbers surpassed estimates but the stock stayed red in premarket hours on Friday. Average loans were […]
Wells Fargo & Company (NYSE: WFC) reported first quarter 2024 earnings results today.
Total revenue rose 1% year-over-year to $20.8 billion.
Net income decreased 7% to $4.6 billion while EPS dropped 2% to $1.20.
The top and bottom line numbers surpassed estimates but the stock stayed red in premarket hours on Friday.
Average loans were down 2% while average deposits were down 1% during the quarter.
