Wells Fargo posts lower earnings and revenue amid an 11% decline in net interest income
Wells 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: $1.42 per share, not comparable to the $1.28 cents estimateRevenue: $20.37 versus $20.42 billion expectedShares of the bank rose 3% in premarket trading after the results. ...