Wells Fargo, net interest income
Wells Fargo Pins Decline in Net Interest Income on Lower Rates
Wells Fargo said fourth-quarter net interest income, a key metric for banks, fell 7% to $11.8 billion in the quarter from $12.8 billion for the same period last year. The bank said net interest income declined due to the impact of lower rates on floating rate assets and lower loan balances.
Wells Fargo, JPMorgan Chase, and More Set to Report
Wells Fargo, Q4
Wells Fargo & Co. took a $647 million severance charge in the fourth quarter, as Chief Executive Officer Charlie Scharf ...
The overall health of the American consumer is generally strong, said Wells Fargo Chief Financial Officer Mike Santomassimo ...
The Office of the Comptroller of the Currency banned the bank’s former community bank group risk officer for life, among ...
Three former Wells Fargo executives have been fined a total of $18.5 million for their alleged roles in opening fraudulent ...
Wells Fargo reported earnings per share of $1.43 for the fourth quarter, beating Wall Street’s consensus estimate of $1.35. A ...
Three former Wells Fargo executives must pay $18.5 million for their role in the bank’s widespread fake sales accounts ...
Wells Fargo (WFC) reported that its fourth quarter earnings per share increased 11% from a year ago. Net interest income decreased ...
Stock futures rose Wednesday as core U.S. consumer price inflation was cooler than expected in December and as some of the ...
Wells Fargo is expected average loans to grow modestly in 2025, driven by the corporate and investment bank markets and banking segment, as well as growth in car loans and credit cards. Average ...
Oakmark Funds, advised by Harris Associates, released its “Oakmark Fund” fourth quarter 2024 investor letter. A copy of the ...
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