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Wells Fargo Investment Institute’s strategy team has raised forecast targets for U.S. economic growth, global fixed income, and several equity indices.
Earnings Call Insights: Wells Fargo (WFC) Q1 2025 Management View CEO Charlie Scharf highlighted a 16% year-over-year increase in diluted earnings per share, driven by improved fee-based revenue ...
Wells Fargo & Co. reported Wednesday that a series of recent business exits and heightened emphasis on fee revenue boosted fourth-quarter net income by 47.4% to $5.08 billion.
Christopher Harvey, head of equity strategy for Wells Fargo Securities LLC, has left the firm.
Wells Fargo's net interest income (NII) fell about 7% to $11.84 billion in the quarter compared with a year earlier, hurt by lower rates on floating rate assets and lower loan balances.
Tracie McMillion, Wells Fargo Investment Institute head of global asset allocation strategy, joins 'Money Movers' to discuss McMillion's outlook for equity markets, why the strategist favors mid ...
Wells Fargo & Co. lowered its full-year guidance for net interest income after another quarter of tepid growth amid the ongoing trade war. The bank’s shares slumped.
Wells Fargo's net interest income for the fourth quarter came in at $11.836 billion, down 7% from a year earlier, but ahead of the FactSet consensus of $11.741 billion.
Mixed Q1 Results Wells Fargo’s Q1 figures were mixed. Net income grew by 6% year-over-year to $4.89 billion, while revenue decreased by 3%.
Wells Fargo now expects 2025 net interest income to be “roughly in line” with 2024 net interest income of $47.7 billion, compared with previous guidance provided in April of about 1% to 3% growth.
Stock Ideas Long Ideas Financials Wells Fargo: Outrage Is Not A Strategy Sep. 15, 2016 7:32 AM ETWells Fargo & Company (WFC) StockWFC81 Comments Ivan K. Wu 1.22KFollowers ...
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