John Shrewsberry

Wells Fargo Misses Estimates as Profit Falls 55%
Financial Performance

Wells Fargo Misses Estimates as Profit Falls 55%

The bank's new CEO pledges to “make the fundamental changes necessary to regain the full trust and respect of all stakeholders."
By Matthew Heller | January 15, 2020
Read More
Wells Fargo Profit Falls on Lower Interest Rates
Financial Performance

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.
By Matthew Heller | October 16, 2019
Read More
Wells Fargo Profit Jumps 20%, Beats Estimates
Financial Performance

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.
By Matthew Heller | July 16, 2019
Read More
Wells Fargo Shares Dip 3% on Profit Outlook
Financial Performance

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.
By Matthew Heller | April 12, 2019
Read More
Wells Misses Estimates With Broad Weakness
Financial Performance

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.
By Matthew Heller | July 13, 2018
Read More
Wells Fargo Profit Falls But Beats Estimates
Financial Performance

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.
By Matthew Heller | October 14, 2016
Read More
Wells Fargo Matches Estimates But Stock Falls
Strategy

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.
By Matthew Heller | July 15, 2016
Read More
CFOs on the Move: Week Ending April 4
Human Capital & Careers

CFOs on the Move: Week Ending April 4

Wells Fargo, Humana, Warner Music, Dynamic Materials, Medivation, Synchronoss Technologies, Sizmek, Lakeland Financial
By David McCann | April 4, 2014
Read More