Categories AlphaGraphs, Earnings, Finance
WFC Infographic: Highlights of Wells Fargo & Company’s Q4 2023 earnings
Wells Fargo & Company (NYSE: WFC) on Friday reported higher revenues and net income for the fourth quarter of 2023. Revenues also exceeded Wall Street’s expectations.
At $20.48 billion, fourth-quarter revenues were up 2% from the prior-year period and surpassed the market’s estimates. Net income moved up to $3.45 billion or $0.86 per share in Q4 from $3.16 billion or $0.75 per share in the fourth quarter of 2022.
“Although our improved 2023 results benefited from the strong economic environment and higher interest rates, our continued focus on efficiency and strong credit discipline were important contributors as well,” said Wells Fargo’s CEO Charlie Scharf.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q2 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported its second quarter 2024 earnings results today. Net sales increased 4.9% year-over-year to $5 billion. Organic sales increased 9%. Net income attributable to Colgate-Palmolive Company was $731
Key takeaways from Visa’s Q3 2024 earnings report
Credit card behemoth Visa, Inc. (NYSE: V) this week reported mixed results for the June quarter, with earnings matching expectations and sales slightly missing the view. Both numbers grew in
Southwest Airlines (LUV): A look at the airline’s performance in Q2 2024
Shares of Southwest Airlines Co. (NYSE: LUV) were up over 6% on Thursday after the company beat earnings estimates for the second quarter of 2024. The stock has gained 4%
