Wells Fargo Profit Falls on Lower Interest Rates
The bank's CFO pointed to loan and deposit growth in the third quarter as evidence of strong fundamentals.
Wells Fargo Profit Jumps 20%, Beats Estimates
The bank's shares fell 3% as net interest income dropped and it warned that 2019 expenses will be near the high end of its target.
Wells Fargo Shares Dip 3% on Profit Outlook
The bank's Q1 earnings beat estimates but it reduced its net interest income guidance for 2019 to a 2% to 5% decline.
Wells Misses Estimates With Broad Weakness
Bank executives point to progress in cost-cutting initiatives as evidence that Wells Fargo's turnaround effort is on track.
Wells Fargo Profit Falls But Beats Estimates
The bank is "still in the early stages of addressing the likely earnings headwinds" from the scandal over its sales practices, an analyst says.
Wells Fargo Matches Estimates But Stock Falls
The bank's profit continues to be weighed down by low interest rates, with net interest margin falling to 2.86% in the second quarter.