Wells Fargo's profit beat expectations in the fourth quarter, powered by a rebound in dealmaking activity and forecast it would earn more from interest payments this year, sending shares up 6%. The bank said that it has a solid pipeline in its investment banking business while its net interest income,

Shares of Wells Fargo & Company WFC jumped 4.6% in the pre-market trading session today as the company reported its fourth-quarter 2024 adjusted earnings per share of $1.42, which surpassed the Zacks Consensus Estimate of $1.

Shares of Wells Fargo & Co (WFC) rose over 3% in Wednesday’s pre-market session after the lender reported upbeat fourth-quarter earnings and announced solid guidance for 2025. The lender reported a marginal rise in its fourth-quarter (Q4) revenue to $20.

Fourth quarter net income for Wells Fargo increased to $5.08 billion from $3.45 billion compared to the same period in the previous year, the US financial services company said on Wednesday. Earnings per share were $1.

Wells Fargo reported earnings per share of $1.43 for the fourth quarter, beating Wall Street’s consensus estimate of $1.35. A year earlier, the bank reported profit of 86 cents a share. Net interest income,