Wells Fargo's profit beats on dealmaking rebound

Wells Fargo's profit beats on dealmaking rebound as it raises interest income forecast
Wells Fargo's profit beat expectations in the fourth quarter powered by a rebound in dealmaking activity and forecast it would earn more from interest payments this year. The bank's shares rose 3.5% to $73.
Wells Fargo's profits jump 47% amid dealmaking rebound
The megabank saw $5.1 billion in profits in its fourth quarter, as higher fees from investment banking and wealth management offset weaker interest income on loans.
Wells Fargo profit from home lending climbs
Wells Fargo said profit at its consumer bank from home lending rose to $854 million in the fourth quarter from $839 million a year ago, while profit from credit card lending rose to $1.489 billion from $1.
Wells Fargo Sees Profit Surge Amid Dealmaking Revival
Wells Fargo's profit rose significantly in the fourth quarter due to a rebound in dealmaking activity. The bank has been focusing on diversifying its revenue through investment banking under CEO Charlie Scharf's leadership.
Wells Fargo earnings climb as investment banking shines
Wells Fargo's profit climbed in the fourth quarter, buoyed by stronger investment banking earnings, it said on Wednesday.
Wells Fargo's net interest income falls 7% but beats estimates
Wells Fargo's net interest income for the fourth quarter came in at $11.836 billion, down 7% from a year earlier, but ahead of the FactSet consensus of $11.741 billion. The bank reported a taxable equ
Wells Fargo Pins Decline in Net Interest Income on Lower Rates
Wells Fargo said fourth-quarter net interest income, a key metric for banks, fell 7% to $11.8 billion in the quarter from $12.8 billion for the same period last year. The bank said net interest income declined due to the impact of lower rates on floating rate assets and lower loan balances.
Wells Fargo shares climb on net interest income beat in Q4, 2025 outlook
Wells Fargo (NYSE:WFC) shares climbed more than 2% in premarket trading Wednesday after the US bank reported better-than-expected earnings per share (EPS) and net interest income for the fourth quarter of fiscal 2024.
Wells Fargo's Fourth-Quarter Profit Tops Estimates
Wells Fargo reported earnings per share of $1.43 for the fourth quarter, beating Wall Street’s consensus estimate of $1.35. A ...
Wells Fargo Profit Jumps, Boosted by Fee-Based Businesses
Wells Fargo is out with its fourth-quarter results. Here are the highlights: Net income rose 47% to $5.08 billion. That ...
Bank earnings: JPMorgan, Wells Fargo, Goldman Sachs post beats, and Citi swings to a profit
JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.
Why investors seem giddy about once-troubled Wells Fargo
Wells Fargo CEO Charlie Scharf validates some of the optimism, telling analysts he feels "really great about our progress." ...
Wells Fargo, Goldman Sachs, and Citigroup Are All Soaring. Here's Why.
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JPMorgan posts record annual profits as US banks thrive in final quarter of 2024
JPMorgan’s net income soared 50% to more than $14 billion in the fourth quarter as the bank’s profit and revenue easily beat ...
Big Banks Kick Off Earnings. Wall Street Braces for Profit Surge.
The biggest banks in the U.S. are expected to report this week that they drove far higher profits in the fourth quarter than ...
Jim Cramer Says Wells Fargo & Company (WFC) Could Be ‘A Real Opportunity’
Stocks in Focus This Week. In this article, we are going to take a look at where Wells Fargo & Company (NYSE:WFC) stands ...