Wells Fargo Doesn't Change Outlook But CEO Expects Volatility And Slower Economic Environment In 2025 - Wells Fargo (NYSE:WFC)

Wells Fargo's Q1 revenue down 3% to $20.15 billion

Wells Fargo & Company announced on Friday that its revenue in the first quarter of fiscal 2025 stood at $20.15 billion, dropping 3% compared to the same period a year prior. Meanwhile, its net inc...

Wells Fargo boosts first-quarter profit, warns of slower US economy

Wells Fargo chief executive Charlie Scharf cautioned that because of the Trump administration's roller coaster approach to tariffs, "We expected continued volatility and uncertainty, and are prepared for a slower economic environment in 2025."

Wells Fargo Beats EPS Expectations @themotleyfool #stocks $WFC

Wells Fargo (NYSE:WFC), one of America’s largest banks, released its Q1 2025 earnings on April 11. The key highlight was the earnings per share (EPS), which stood at $1.39, surpassing analysts' expectations of $1.23 by $0.16, a 13% beat. This quarter's EPS marked a 16% rise from the $1.20 recorded in Q1 2024. However, the company reported revenue of $20.1 billion, which fell short of the predicted $20.7 billion. Overall, while Wells Fargo demons…

Financial Performance of Wells Fargo, BlackRock, and JPMorgan Chase in Q1 2025

Wells Fargo reported a net income of $4.616 billion for the first quarter of 2025, marking a 7% increase compared to the same period in 2024. Despite this growth, total revenues declined by 3.4% to $20.149 billion, primarily driven by a 6% drop in net interest income to $11.495 billion. The bank’s return on equity […]

Wells Fargo reports stronger-than-expected earnings, CEO calls for 'timely' trade resolution

Net interest income, a key measure of what a bank makes on loans, fell 6% year over year to $11.50 billion,

Wells Fargo Doesn't Change Outlook But CEO Expects Volatility And Slower Economic Environment In 2025 - Wells Fargo (NYSE:WFC)

Wells Fargo & Company (NYSE:WFC) reported a net income of $4.89 billion on Friday, up 6% year over year in the first quarter of 2025. The bank reported GAAP EPS of $1.39, beating the consensus of $1.34.  Revenue fell 3% year over year to $20.15 billion. Analysts expected $20.75 billion. The U.S. banking giant reported a 6% year-over-year drop in net interest income to $11.49 billion, driven by the impact of lower interest rates on floating rate …