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Wells Fargo & Company (WFC) latest earnings report: revenue, EPS, surprise, history, news and analysis.
Wells Fargo & Co. said Tuesday it had net income of $6.2 billion, or $1.30 a share, in the second quarter, up from $5.2 billion, or 98 cents a.
Wells Fargo’s profits rose by 19% as the bank touts checking account customers, but its revenues flatlined as the financial institution seeks a new CEO. The bank has its largest employment hub.
Against a consensus per-share profitability target of $1.15, the bank produced an earnings per share of $1.30. Plus, Wells Fargo rang up $21.58 billion in revenue against the consensus estimate of $20.
Wells Fargo Quarterly Earnings. Print Information contained in a quarterly earnings release speaks only as of the date of the release. The information could be out of date and no longer accurate. We do not undertake any obligation to update the information, whether as a result of new information.
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Wells Fargo & Co. is a diversified, community-based financial services company. It is engaged in the provision of banking, insurance, investments, mortgage, and consumer and commercial finance.
customer-focused, efficient, and innovative wells fargo ever." Chief financial officer john shrewsberry said, "Wells Fargo reported $6.2 billion of net income in the second quarter and diluted earnings per share of $1.30. We grew period-end loans and deposits, as well as pre-tax pre-
Wells Fargo executives said the bank’s net interest income could stay under pressure in coming quarters. In the first quarter, Wells Fargo reported $12.24 billion of NII, down 1% from $12.32.
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