Wells Fargo & Co.

NYSE:WFC   3:59:59 PM EDT
50.65
-0.01 (-0.02%)
4:00:00 PM EDT: $50.68 +0.03 (+0.06%)
Earnings Announcements

Wells Fargo Reports Net Income of $1.17 Per Share

Published: 10/14/2021 11:19 GMT
Wells Fargo & Co. (WFC) - Wells Fargo Reports Third Quarter 2021 Net Income of $5.1 Billion, Or $1.17 per Diluted Share.
Quarterly Total Revenue $18,834 Million Versus $19,316 Million.
Quarterly Nii Down 5%, Primarily Due to Lower Loan Balances Reflecting Soft Demand, Elevated Prepayments, Impact of Lower Yields on Earning Assets.
Third Quarter 2021 Results Included $1.7 Billion, Or $0.30 per Share, Decrease in the Allowance for Credit Losses.
Quarterly Noninterest Expense $13,303 Million Versus $15,229 Million.
Q3 Earnings per Share View $0.99, Revenue View $18.35 Billion -- Refinitiv Ibes Data (analyst estimates).
Quarterly Net Interest Income $8,909 Million.
Further Company Coverage: .
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Revenue is expected to be $18.46 Billion
Adjusted EPS is expected to be $1.03

Next Quarter Revenue Guidance is expected to be $17.46 Billion
Next Quarter EPS Guidance is expected to be $0.78

More details on our Analysts Page.