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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 ...
Wells Fargo said Friday that net income for the first ... A year ago, the San Francisco-based lender reported $4.6 billion of profit, or $1.20 per share, on revenue of $20.86 billion.
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.
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 ...