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Wells Fargo's profit beats on dealmaking rebound

Wells Fargo's profits jump 47% amid dealmaking rebound

The megabank saw $5.1 billion in profits in its fourth quarter, as higher fees from investment banking and wealth management offset weaker interest income on loans.

Reuters on MSN · 9h

Wells Fargo raises interest income forecast as strong dealmaking drives profit beat

Wells Fargo's profit beat expectations in the fourth quarter, powered by a rebound in dealmaking activity and forecast it would earn more from interest payments this year, sending shares up 6%. The bank said that it has a solid pipeline in its investment banking business while its net interest income,

CNBC on MSN · 14h

Wells Fargo shares jump after earnings beat, strong 2025 guidance

CNBC's Leslie Picker joins 'Squawk Box' to report on the company's quarterly earnings results. Carrie Underwood To Perform At Trump Inauguration Social Security will have these additional benefits in 2025 You stay,

in.investing.com on MSN · 13h

Wells Fargo shares climb on net interest income beat in Q4, 2025 outlook

Wells Fargo (NYSE:WFC) shares climbed more than 2% in premarket trading Wednesday after the US bank reported better-than-expected earnings per share (EPS) and net interest income for the fourth quarter of fiscal 2024.

Wells Fargo, sales practices

The Charlotte Observer on MSN · 9h

3 former Wells Fargo execs ordered to pay over $18 million in fake sales account scandal

Three former Wells Fargo executives must pay $18.5 million for their role in the bank’s widespread fake sales accounts scandal that came to light nearly a decade ago.

USA Today · 10h

Wells Fargo scandal: US bank regulator fines three former executives over fake accounts

The trio had been previously charged by the OCC in 2020, alongside other former senior leadership of the bank, but had opted not to settle.

The Business Journals · 13h

Three more former Wells Fargo execs fined for sales practices scandal

Bank regulators say a new round of fines is the final enforcement action against former Wells Fargo executives after the sales practices scandal that came to light in 2016.

Business Insider6d

Wells Fargo Mortgage Review: Many Affordable Features, but Ranks Low in Trustworthiness

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Wells Fargo profit from home lending climbs

Wells Fargo said profit at its consumer bank from home lending rose to $854 million in the fourth quarter from $839 million a year ago, while profit from credit card lending rose to $1.489 billion ...