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As you can see, Wells Fargo's profits dropped precipitously in 1987, 1991, and 2008. The reason in each of the cases was the same: higher loan loss provisions. In 1987, Wells Fargo set aside an ...
Earlier this month, Wells Fargo reported a higher first-quarter profit than a year earlier ... The Trump administration is aiming to shrink the CFPB, a watchdog that has long been a target ...
Wells Fargo WFC-4.85%decrease; red down pointing triangle booked a bigger profit in the first quarter, which ended just before President Trump’s tariffs set off market turmoil. Net income rose 6 ...
Investing.com -- Wells Fargo slashed 2026 earnings estimates across the U.S. apparel and footwear sector given the dual pressures of elevated tariffs on Chinese imports and expectations for a mild ...
Wells Fargo reported earnings per share of $1.43 for the fourth quarter, beating Wall Street’s consensus estimate of $1.35. A year earlier, the bank reported profit of 86 cents a share.
Here’s what sell-side analysts are expecting from third-quarter results, according to FactSet, compared with Wells Fargo’s results for the third quarter of 2023. Earnings per share of $1.28 ...
Wells Fargo employed 215,367 people on March 31, compared with 217,502 at the end of 2024. The workforce has fallen every quarter since the third quarter of 2020.
Wells Fargo added that resale platforms such as The RealReal (NASDAQ:REAL) Inc and ThredUp (NASDAQ:TDUP) Inc were the only names in its coverage where it did not lower estimates, citing their ...