Jan 15, 2025 · Wells Fargo Reports Fourth Quarter 2024 Net Income of $5.1 billion, or $1.43 per Diluted Share Full Year 2024 Net Income of $19.7 billion, or $5.37 per Diluted Share Company-wide Financial Summary Quarter ended Dec 31, 2024 Dec 31, 2023 Selected Income Statement Data ($ in millions except per share amounts) Total revenue $ 20,378 20,478
Wells Fargo Quarterly Earnings
See Wells Fargo’s latest quarterly earnings releases.
4Q24 Financial Results 2 4Q24 results Financial Results ROE: 11.7% ROTCE: 13.9%1 Efficiency ratio: 68%2 Credit Quality Capital and Liquidity CET1 ratio: 11.1%6 LCR: 125%7 TLAC ratio: 24.8%8 • Provision for credit losses5 of $1.1 billion – Total net loan charge-offs of $1.2 billion, down $41 million, with net loan charge-offs of 0.53% of average loans (annualized)
Wells Fargo Q4 Earnings: Investors Cheer 50% Jump In Net Profit, …
Jan 15, 2025 · On Wednesday, Wells Fargo & Company (NYSE:WFC) reported a net income of $5.08 billion, up 47% year over year in the fourth quarter of 2024. ... Wells Fargo Q4 Earnings: Investors Cheer 50% Jump In ...
Wells Fargo WFC earnings Q4 2024 - CNBC
Jan 15, 2025 · The lender expects 2025 net interest income, a key measure of what a bank makes on lending, to be 1% to 3% higher than 2024's number of $47.7 billion.
Wells Fargo & Co (WFC) Q4 2024 Earnings Call Highlights: Strong …
Jan 16, 2025 · Wells Fargo & Co (WFC) reports robust fee-based revenue growth and significant capital returns, despite facing challenges in loan demand and commercial real estate. ... Q4 earnings season will be ...
JPMorgan Chase, Wells Fargo and Goldman Sachs Report Big …
Jan 15, 2025 · Wells Fargo made $5.1 billion in the fourth quarter and $20 billion for the year and said wealthy depositors were plowing more money into its higher-end savings products. Citi, which topped ...
Wells Fargo Stock Climbs as Earnings Top Estimates - Investopedia
Jan 15, 2025 · Wells Fargo (WFC) shares climbed in pre-market trading Wednesday after the bank reported fourth-quarter profit and net interest income that topped analysts' estimates. The lender reported $5.08...
Provision for credit losses in fourth quarter 2023 included an increase in the allowance for credit losses driven by credit card and commercial real estate loans, partially offset by a lower allowance for auto loans.
What Next For Wells Fargo Following Strong Q4 - Nasdaq
2 days ago · Wells Fargo’s stock (NYSE: WFC) posted a better-than-expected set of Q4 2024 results with its stock rising by about 5% in Wednesday’s trading. Net income rose about 47% compared to last year ...
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