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
Earnings Preview: Target (TGT) expected to report lower Q3 2025 sales and profit
Target Corporation (NYSE: TGT) is navigating a challenging retail landscape ahead of next week's earnings, as sales and margins face pressure from economic uncertainty and restrained consumer demand. With a
Home Depot (HD) expected to report higher revenue and earnings in Q3 2025
Shares of The Home Depot (NYSE: HD) dipped over 1% on Monday. The stock has dropped 5% in the past three months. The home improvement retailer is scheduled to report
Tyson Foods (TSN) Q4 2025 adj. earnings beat unexpectedly; sales up 2%
Tyson Foods, Inc. (NYSE: TSN), a leading processor and marketer of chicken, beef, and pork, reported stronger-than-expected earnings for the fourth quarter of fiscal 2025 when the company's sales rose
