Categories AlphaGraphs, Earnings, Finance
WFC Infographic: Highlights of Wells Fargo & Company’s Q4 2024 earnings
Wells Fargo & Company (NYSE: WFC) reported an increase in net income for the fourth quarter of 2024. Earnings also exceeded Wall Street’s expectations.
At $20.38 billion, fourth-quarter revenues were broadly unchanged from the prior-year period. The top line missed the market’s estimates. Net income moved up to $5.08 billion or $1.43 per share in Q4 from $3.45 billion or $0.86 per share in the fourth quarter of 2023. Earnings also exceeded analysts’ estimates.
“Our earnings profile continues to improve, we are seeing the benefit from investments we are making to increase our growth and improve how we serve our customers and communities, we maintained a strong balance sheet, we returned approximately $25 billion of capital to shareholders, and we made significant progress on our risk and control work,” 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
UNH Earnings Preview: Will UnitedHealth’s Q1 earnings beat expectations?
Like most insurance companies, UnitedHealth Group (NYSE: UNH) has an impressive track record of delivering stable performance during economic downturns, mainly due to consistent demand for services and predictable revenue
What to expect when Netflix (NFLX) reports its Q1 2025 earnings results
Shares of Netflix, Inc. (NASDAQ: NFLX) were down over 2% on Thursday. The stock has gained 4% over the past three months. The streaming behemoth is scheduled to report its earnings
STZ Infographic: A snapshot of Constellation Brands’ Q4 2025 report
Constellation Brands, Inc. (NYSE: STZ) Thursday announced financial results for the fourth quarter of fiscal 2025, reporting an increase in adjusted earnings. Fourth-quarter net sales edged up 1% year-over-year to