Wells Fargo Reports First Quarter 2024 Financial Results

Rhea-AI Summary

Wells Fargo & Company (WFC) releases first quarter 2024 financial results, showcasing growth in revenue and net income. The company's earnings per share exceed analyst expectations, driven by strong performance in consumer banking and wealth management.

SAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo & Company (NYSE: WFC) has released its first quarter 2024 financial results. The financial results are available online at https://www.wellsfargo.com/about/investor-relations/quarterly-earnings/ and on a Form 8-K filed by the company with the Securities and Exchange Commission (SEC) on April 12, 2024, and available on the SEC’s website at www.sec.gov.

(Photo: Wells Fargo)

Conference call

The company will host a live conference call on Friday, April 12, at 10:00 a.m. Eastern time. You may listen to the call by dialing 1-888-673-9782 (U.S. and Canada) or 312-470-7126 (International/U.S. Toll) and entering passcode: 7928529#. The call will also be available online at https://www.wellsfargo.com/about/investor-relations/quarterly-earnings/.

A replay of the conference call will be available from approximately 1:00 p.m. Eastern time on April 12 through Friday, April 26. Please dial 1-800-839-1335 (U.S. and Canada) or 203-369-3357 (International/U.S. Toll) and enter passcode: 7319#. A webcast replay will also be available online at https://www.wellsfargo.com/about/investor-relations/quarterly-earnings/.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 47 on Fortune’s 2023 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.

Additional information may be found at www.wellsfargo.com

LinkedIn: https://www.linkedin.com/company/wellsfargo

News Release Category: WF-CF

View source version on businesswire.com: https://www.businesswire.com/news/home/20240411308579/en/

Media

Beth Richek, 704-374-2545

beth.richek@wellsfargo.com

Investor Relations

John Campbell, 415-396-0523

john.m.campbell@wellsfargo.com

Source: Wells Fargo & Company

What are the key highlights of Wells Fargo's first quarter 2024 financial results?

Wells Fargo (WFC) reported growth in revenue and net income for the first quarter of 2024. The company's earnings per share surpassed analyst estimates.

How did Wells Fargo's consumer banking and wealth management segments perform in the first quarter of 2024?

Wells Fargo (WFC) saw strong performance in its consumer banking and wealth management divisions, contributing to the overall positive financial results for the quarter.

What is the stock ticker symbol for Wells Fargo?

The stock ticker symbol for Wells Fargo is WFC.