Trending: Wells Fargo Reports Decline in 1Q Earnings
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Dow Jones
9:36 ET -- Wells Fargo & Co. is one of the most mentioned companies in the U.S. across all news items in the past 12 hours, according to Factiva data. The bank earned $4.6 billion in the first quarter, down 7% from about $5 billion in the same quarter a year ago. On a per-share basis, earnings declined to $1.20 per share. The San Francisco bank's total revenue for the quarter rose about 1% to $20.86 billion. Analysts were expecting earnings to fall to $1.06 a share, with a 2.5% decline in revenue to $20.19 billion. Dow Jones & Co. owns Factiva. (zaeem.shoaib@wsj.com)
(END) Dow Jones Newswires
April 12, 2024 09:51 ET (13:51 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
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