Wells Fargo (WFC) delivered earnings and revenue surprises of 19.69% and 0.07%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock?
Welcome and thank you for joining the Wells Fargo Third Quarter 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there ...
Despite average loans also falling in the quarter, Wells Fargo posted a slightly higher CET1 ratio, return on equity ("ROE"), and return on tangible common equity. On a total return comparison YTD ...
Wells Fargo said investment advisory fees and commissions rose 11% in the third quarter, driven by higher asset-based fees and higher brokerage transaction activity. Investment banking fees rose 37%, ...
Wells Fargo bought back 62 million shares valued at $3.5 billion in the third quarter, reducing its share count by 8% from the same period a year ago to 292.4 million. The company increased its ...