Categories AlphaGraphs, Finance
WFC Earnings: Key quarterly highlights from Wells Fargo’s Q2 2023 financial results
Wells Fargo & Company (NYSE: WFC) reported second quarter 2023 earnings results today.
Total revenue increased 20% year-over-year to $20.5 billion.
Net income grew 57% to $4.93 billion while EPS rose 67% to $1.25.
Both the top and bottom line numbers beat estimates.
Average loans increased 2% YoY to $945.9 billion while average deposits were down 7% to $1.34 trillion.
The stock was up 3% in premarket hours on Friday following the earnings report.
Prior performance
Most Popular
Infographic: Key highlights from Disney’s (DIS) Q2 2024 earnings results
The Walt Disney Company (NYSE: DIS) reported second quarter 2024 earnings results today. Revenues increased 1% year-over-year to $22.1 billion. Net loss attributable to The Walt Disney Company was $20
Earnings Preview: Alibaba likely to report mixed results for Q4
Alibaba Group Holding Limited (NYSE: BABA) will be reporting fourth-quarter 2024 financial results next week. Over the years, the e-commerce giant successfully diversified its business and emerged as a major
A look at Tyson Foods’ (TSN) expectations for the remainder of FY2024
Shares of Tyson Foods, Inc. (NYSE: TSN) fell over 7% on Monday. The stock has gained 7% year-to-date. The company delivered mixed results for the second quarter of 2024, with