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Wells Fargo, interest income

Hosted on MSN · 7h

Wells Fargo's profit beats on dealmaking rebound as it raises interest income forecast

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. The bank's shares rose 3.5% to $73.

MarketWatch · 21h

Wells Fargo's net interest income falls 7% but beats estimates

Wells Fargo's net interest income for the fourth quarter came in at $11.836 billion, down 7% from a year earlier, but ahead of the FactSet consensus of $11.741 billion. The bank reported a taxable equ

Wall Street Journal · 22h

Wells Fargo Profit Rises 47%

Wells Fargo is out with its fourth-quarter results. Here are the highlights: Net income rose 47% to $5.08 billion. That amounted to $1.43 a share, above what analysts polled by FactSet expected. Revenue was down slightly at $20.

Wells Fargo, TD Bank

The Charlotte Observer on MSN · 12h

3 former Wells Fargo execs ordered to pay over $18 million in fake sales account scandal

Three former Wells Fargo executives must pay $18.5 million for their role in the bank’s widespread fake sales accounts scandal that came to light nearly a decade ago.

USA Today · 13h

Wells Fargo scandal: US bank regulator fines three former executives over fake accounts

The trio had been previously charged by the OCC in 2020, alongside other former senior leadership of the bank, but had opted not to settle.

The Wall Street Journal on MSN · 1d

Former Wells Fargo Execs Fined for Role in Fraudulent Bank Accounts

Three former Wells Fargo executives have been fined a total of $18.5 million for their alleged roles in opening fraudulent bank accounts, the Office of the Comptroller of the Currency said Tuesday.

18h

Wells Fargo Shares Rise as Bank’s Cost-Cutting Efforts Take Hold

Wells Fargo & Co. took a $647 million severance charge in the fourth quarter, as Chief Executive Officer Charlie Scharf ...

Second suspect in fatal Fargo shooting identified, jailed

Patrick Martin Jr., 24, is accused in the shooting death of Rahssan Wilson. Another suspect, Steven Burrell, is awaiting ...

14h

Wells Fargo raises interest income forecast as strong dealmaking drives profit beat

Wells Fargo's profit climbed in the fourth quarter, buoyed by stronger investment banking earnings, it said on Wednesday.

3hon MSN

Over a month later, a second suspect has been arrested in connection to fatal Fargo shooting

Fargo Police say a second arrest has been made in connection to a December 4th fatal shooting at a south Fargo apartment complex.

Former student testifies about sharing nude photos with former Fargo school employee

The trial of former Davies High behavioral staffer Ashley Peterson got underway with several witnesses, including the student ...

13hon MSN

Wells Fargo, Goldman Sachs, and Citigroup Are All Soaring. Here's Why.

Goldman Sachs ( GS 6.02%), and Citigroup ( C 6.49%) were all higher by 5% or more for the day. There are two main reasons why ...

8h

Wells Fargo's Fourth-Quarter Profit Tops Estimates

Wells Fargo reported earnings per share of $1.43 for the fourth quarter, beating Wall Street’s consensus estimate of $1.35. A ...

8h

Wells Fargo CFO says office CRE fundamentals ‘remain weak’

Wells Fargo's quarterly earnings call included discussion of what the eventual lifting of the Fed-imposed asset cap would ...

Fargo landfill redevelopment nears midpoint

The city of Fargo is halfway through its landfill upgrade, improving safety, extending lifespan and ensuring sustainability, ...

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