Categories AlphaGraphs, Earnings, Finance
WFC Earnings: Key quarterly highlights from Wells Fargo’s Q1 2024 financial results
Wells Fargo & Company (NYSE: WFC) reported first quarter 2024 earnings results today.
Total revenue rose 1% year-over-year to $20.8 billion.
Net income decreased 7% to $4.6 billion while EPS dropped 2% to $1.20.
The top and bottom line numbers surpassed estimates but the stock stayed red in premarket hours on Friday.
Average loans were down 2% while average deposits were down 1% during the quarter.
Prior performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Trxade Health Inc. (NASDAQ: MEDS) Q1 2024 Research Summary
Trxade Health, Inc. (NASDAQ: MEDS) is a drug procurement and delivery platform that digitalizes the retail pharmacy experience. The company has a growing network of suppliers and partnerships with independent
Earnings Preview: Walmart (WMT) expected to report sales and profit gains in Q1
Over the years, Walmart Inc. (NYSE: WMT) has constantly diversified while maintaining its dominance in the retail world. The company is preparing to report financial results for the first three
After a positive year, what’s in the cards for Electronic Arts (EA) in FY25
Electronic Arts (NASDAQ: EA) ended fiscal 2024 on a mixed note, reporting lower revenues and improved bottom-line performance for the fourth quarter. The stock declined following the announcement as earnings