Trending: Wells Fargo Reports Strong 2Q Earnings
July 14 2023 - 10:12AM
Dow Jones News
9:41 ET -- Wells Fargo is one of the most mentioned companies in
the U.S. across all news items in the last 12 hours, according to
Factiva data. The San Francisco-based bank beat analysts'
expectations for the second quarter, with net income of $4.94
billion, or $1.25 a share. Revenue jumped 20.5% to $20.53 billion.
Analysts polled by FactSet were expecting earnings of $1.16 a share
on revenue of $20.1 billion. Wells Fargo shares were recently
trading 3% higher at $45.02 each. Dow Jones & Co. owns Factiva.
(susan.solan@wsj.com)
(END) Dow Jones Newswires
July 14, 2023 09:57 ET (13:57 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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