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WFC earnings call for the period ending June 30, 2024.
Wells Fargo & Company (NYSE:WFC) earned a net income of $4.91 billion, down 1% year over year in the second quarter of 2024. The company reported a GAAP EPS of $1.33, beating the consensus of $1.29.
This article outlines the history of Wells Fargo & Company from its merger with Norwest Corporation and beyond. The new company chose to retain the name of "Wells Fargo" and so this article is about the history after the merger.
Wells Fargo, in its present form, is a result of a merger between the original Wells Fargo & Company and Minneapolis -based Norwest Corporation in 1998. The merged company took the better-known Wells Fargo name and moved to Wells Fargo's hub in San Francisco.
Learn how to budget, save money on your TV watching, or find apps to help with managing your finances and growing your wealth. Get breaking Business News and the latest corporate happenings from ...
Wachovia was a diversified financial services company based in Charlotte, North Carolina. Before its acquisition by Wells Fargo and Company in 2008, Wachovia was the fourth-largest bank holding company in the United States, based on total assets. [3] Wachovia provided a broad range of banking, asset management, wealth management, and corporate ...
Earnings season has begun, and on Friday, Wells Fargo will release its latest quarterly results. The key to making smart investment decisions on stocks reporting earnings is to anticipate how they ...
Wells Fargo (WFC) earned $5 billion, Citigroup earned (C) $4.6 billion, and PNC (PNC) earned $1.7 billion. The results kicked off a closely-watched earnings season for the nation’s biggest banks.