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Wells Fargo has demonstrated resilience in its financial performance despite facing various headwinds. Currently trading at a P/E ratio of 13.9 and maintaining a solid dividend yield of 2.11%, the ...
Wells Fargo reported their 2025 Q1 earnings on April 11th and showed highly mixed results as a whole. For total revenue, they posted a company-wide figure of $20.149 billion, down 3.42% from the ...
Mixed Q1 Results Wells Fargo’s Q1 figures were mixed. Net income grew by 6% year-over-year to $4.89 billion, while revenue decreased by 3%. Net interest income, a measure of the earnings from ...
Within that total, about 85% of losses are expected to come from homeowners' insurance policies, while 13.5% are commercial property and 1.5% are personal auto losses, the Wells Fargo analysis found.
Michael Moebs - a Wells Fargo executive in the 1970s and later a consultant to the bank for two decades - said the bank's quota system would have been more appropriate for selling cars than car loans.
The number of brokers at Wells Fargo, the fourth largest U.S. bank and the third largest brokerage firm, remained virtually flat at 15,285 as of September 30. That was up 1.0 percent from a year ago.