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A number of leading banks reported their earnings results for the first quarter of 2025 today. Some of them beat expectations while some delivered mixed results. Here’s a look at how three major banks – JPMorgan Chase & Co. (NYSE: JPM), Wells Fargo & Co. (NYSE: WFC) and Morgan Stanley (NYSE: MS) performed in the … Read more
Wells Fargo & Company (NYSE: WFC) reported its first quarter 2025 earnings results today. Total revenue decreased 3% year-over-year to $20.15 billion. Net income grew 6% to $4.89 billion and earnings per share rose 16% to $1.39 compared to last year. Net interest income decreased 6% while non-interest income was stable. Noninterest expense decreased 3%. … Read more
The earnings season has kicked off with several major banks reporting their financial results for the fourth quarter of 2024. JPMorgan (NYSE: JPM), Goldman Sachs (NYSE: GS), Citigroup (NYSE: C), and Wells Fargo (NYSE: WFC) released their Q4 reports on Wednesday. Here’s a look at how these banking giants ended the fiscal year: JPMorgan JPMorgan’s … Read more
Wells Fargo shares climbed Wednesday after the bank posted better-than-expected earnings and issued strong guidance on net interest income for 2025. Here’s what the bank reported for the fourth quarter compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Adjusted earnings per share: $1.42 vs. $1.35 expected Revenue: $20.38 billion versus $20.59 … Read more
Wells Fargo & Company (NYSE: WFC) reported an increase in net income for the fourth quarter of 2024. Earnings also exceeded Wall Street’s expectations. At $20.38 billion, fourth-quarter revenues were broadly unchanged from the prior-year period. The top line missed the market’s estimates. Net income moved up to $5.08 billion or $1.43 per share in … Read more
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