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Wells Fargo posts lower earnings and revenue amid an 11% decline in net interest income
WFCWells Fargo(WFC) CNBC·2024-10-11 11:21

Wells Fargo bank signage is seen on Broadway on April 12, 2024 in New York City.Wells Fargo reported lower earnings and revenue in the third quarter than a year ago on Friday amid a sizable decline in net interest income.Here's what the bank did compared with Wall Street estimates, based on a survey of analysts by LSEG:Earnings per share: 1.42pershare,notcomparabletothe1.42 per share, not comparable to the 1.28 cents estimateRevenue: 20.37versus20.37 versus 20.42 billion expectedShares of the bank rose 3% in premarket trading after the results. ...