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 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 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.