Wells Fargo Missed Expectations

Wells Fargo (WFC) reported earnings of $1.27 per share on revenue of $29.63 billion for the first quarter ended March 2025. The consensus earnings estimate was $1.23 per share on revenue of $20.82 billion. The Earnings Whisper number was $1.29 per share. The company missed expectations by 1.55% while revenue fell 5.87% compared to the same quarter a year ago.

Wells Fargo & Co is a diversified financial services company. It provides retail, corporate and commercial banking services through banking stores and offices, the internet and other distribution channels to individuals, businesses and institutions.