Wells Fargo Reports Fourth Quarter 2024 Net Income of $5.1 billion, or $1.43 per Diluted Share . Full Year 2024 Net Income of $19.7 billion, or $5.37 per Diluted Share. Company-wide Financial Summary. Operating Segments and Other Highlights. …

Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services. Wells Fargo gross profit for the quarter ending December 31, 2024 was $20.378B, a …

In 2023, Wells Fargo generated $19.1 billion in net income, or $4.83 per diluted common share. We grew net income and diluted earnings per share from a year ago, with higher revenue and lower expenses.

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Pre-tax pre-provision profit (PTPP) is total revenue less noninterest expense. Management believes that PTPP is a useful financial measure because it enables investors and others to …

Jan 21, 2025 · Profit margin: 24% (in line with FY 2023). EPS: US$5.43 (up from US$4.88 in FY 2023). ... It is worth noting though that we have found 1 warning sign for Wells Fargo that you need to take into ...

Jan 15, 2025 · Wells Fargo's profit jumped in the fourth quarter, boosted by fee-based businesses like wealth management and investment banking and cost-cutting. Shares of Wells Fargo rose around 5%...

Wells Fargo Reports First Quarter 2024 Net Income of $4.6 billion, or $1.20 per Diluted Share. Company-wide Financial Summary. Selected Income Statement Data ($ in millions except per share amounts) Quarter ended

Wells Fargo & Co. balance sheet, income statement, cash flow, earnings & estimates, ratio and margins. View WFC financial statements in full.

Jan 15, 2025 · Wells Fargo made $5.1 billion in the fourth quarter and $20 billion for the year and said wealthy depositors were plowing more money into its higher-end savings products.