Reuters29d
Wells Fargo profit beats forecasts as provisions shrink; shares rise
Wells Fargo's Q3 profit beats estimates Shares rise 6% in ... pay out less to clients to hang on to their deposits, its Chief Financial Michael Santomassimo told reporters. NII could level out ...
Business Insider5d
Prudential Financial (PRU) Gets a Hold from Wells Fargo
In a report released yesterday, Elyse Greenspan from Wells Fargo ... net profit of $448 million. In comparison, last year the company earned a revenue of $8.35 billion and had a GAAP net loss ...
Investopedia29d
Wells Fargo Stock Rises as Q3 Profit Falls Less Than Expected
Justin Sullivan / Getty Images Wells Fargo shares rose roughly 6% Friday morning following the release of third-quarter results that beat analysts' consensus estimates. Revenue and profit fell ...
Principal Financial price target lowered to $84 from $86 at Wells Fargo
Wells Fargo lowered the firm’s price target on Principal Financial (PFG) to $84 from $86 on Friday and kept an Equal Weight rating on the ...
Investing29d
Wells Fargo profit beats forecasts as provisions shrink; shares rise
(Reuters) -Wells Fargo's profit beat analysts expectations in ... out less to clients to hang on to their deposits, its Chief Financial Michael Santomassimo told reporters. NII could level out ...
MarketWatch29d
Bank earnings: JPMorgan, Wells Fargo shares rally after upbeat profit numbers
Moody's analyst Megan Fox said Wells Fargo's third-quarter results were ... the credit benefits of the banks diversification, as profit growth in the commercial and investment bank business ...
Winston-Salem Journal29d
Wells Fargo beats earnings projections despite 11% profit decline in third quarter
Wells Fargo & Co. reported Friday a 11% decline in third-quarter net income to $4.85 billion with lower loan revenue offsetting a modest jump in fee income and slight reduction in its loan-loss ...
Business Wire9d
Wells Fargo to Present at the BancAnalysts Association of Boston Conference
Wells Fargo & Company (NYSE: WFC) said today that Chief Financial Officer Mike Santomassimo will present at the BancAnalysts Association of Boston ...
Wells Fargo & Company (WFC) BancAnalysts Association of Boston Conference (Transcript)
BancAnalysts Association of Boston Conference Call November 7, 2024 8:10 AM ETCompany ParticipantsMike Santomassimo ...
Wells Fargo Profit Beats Forecasts as Provisions Shrink; Shares Rise
Still, Wells Fargo's net interest income could actually benefit from rate cuts because it will pay out less to clients to hang on to their deposits, its Chief Financial Michael Santomassimo told ...
Yahoo Finance26d
Why Wells Fargo Stock (NYSE:WFC) Isn’t a Buy Near All-Time Highs
Besides, I invite you to check the stock price chart for Wells Fargo.This tells a tale that the P/E ratio doesn’t. WFC stock jumped 5.61% to $60.99 on Friday, followed by 2% more at the time of ...
American Banker29d
Wells Fargo nearing 'trough' in deposit costs after Fed rate cut
But Chief Financial Officer Michael Santomassimo pointed to "stabilization" following the Federal Reserve's interest-rate cut, saying Wells Fargo has been able to trim ... expectations even after ...