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Il y a 1 jour · Wells earned $4.91 billion in the second quarter, down 1% from about $4.94 billion a year ago. The bank trimmed its annual outlook, based on its expectations that net interest income — what the ...
Il y a 5 jours · Wells Fargo, multinational financial services company with headquarters in San Francisco, California. The founders of the original company were Henry Wells (1805–78) and William George Fargo (1818–81), who had earlier helped establish the American Express Company.
Il y a 4 jours · July 12, 2024. Stubborn inflation is taking a toll on the nation’s largest banks. On Friday, Citi, JPMorgan Chase and Wells Fargo released earnings that were stuttered with indications that ...
Il y a 4 jours · The San Francisco-based bank recorded $11.92 billion in net interest income, a key measure of what a bank makes on lending, marking a 9% year-over-year decline.
Il y a 3 jours · Wells Fargo's second-quarter profit declined and the lender missed analysts' estimates for interest income on higher deposit costs amid intense competition for customers' money, sending its shares ...
Il y a 3 jours · Wells Fargo & Co. sank 6% for its worst earnings-day drop in more than three years after a net interest income miss. Citigroup Inc. slumped 1.8% as expenses were in focus, even though its markets ...
Il y a 4 jours · Wells Fargo said it still expects NII for all of this year to be down 7% to 9% from $52.4 billion in 2023. While that reiterated an earlier forecast, the lender did say it expects it to be in the ...
