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
Coca-Cola (KO) looks poised to end fiscal 2024 on a mixed note
The Coca-Cola Company (NYSE: KO) has an impressive track record of effectively navigating market headwinds by continually innovating its product portfolio to align with customers' changing consumption patterns. While the
Take-Two (TTWO) expects strength in NBA 2K and softness in mobile to continue in 4Q25
Shares of Take-Two Interactive Software, Inc. (NASDAQ: TTWO) soared 14% on Friday. The company delivered mixed results for the third quarter of 2025, as revenue came below estimates while loss
EXPE Earnings: Expedia reports higher revenue and profit for Q4 2024
Expedia Group, Inc. (NASDAQ: EXPE) has reported a double-digit growth in revenues and adjusted earnings for the fourth quarter of 2024. The travel company's gross bookings rose 13% during the