News

Wells Fargo (NYSE:WFC) stock rose 3.8% in Wednesday premarket trading after the banks turned in mixed Q4 results, but expects net interest income to rise and noninterest expenses to decline in 2025.
Charles Scharf; President, Chief Executive Officer, Director; Wells Fargo & Co Michael Santomassimo; Chief Financial Officer, Senior Executive Vice President; Wells Fargo & Co Welcome, and thank ...
Based on the one-year price targets offered by 23 analysts, the average target price for Wells Fargo & Co (NYSE:WFC) is $77.38 with a high estimate of $90.00 and a low estimate of $48.80.
Wells Fargo Q4 2024 GAAP EPS of $1.43 beats consensus of $1.34; net income rises 47% year-over-year to $5.08 billion. Noninterest income grows 11% to $8.54 billion, driven by asset-based fees ...
Wells Fargo analyst Steven Cahall cut his estimates for the connected TV company in a rather dramatic fashion. Revenue estimates were slashed to an 8% drop this coming quarter (from 4% in Q3), and ...
On the servicing side, Wells Fargo’s mortgage servicing rights – carrying value (period-end)­ – declined by 12%, to $7.5 billion in Q4 from $8.5 billion in Q3. Compared to Q4 2022 ...
As liquidity continues to dry up, I am not sure if Wells Fargo will continue to outperform, although Bank of America did surprisingly see the largest jump in its deposit beta in Q4. But I would ...