Back to News
Market Impact: 0.35
Wells Fargo beats profit estimates, NII and revenue fall short
Source: The Globe and Mail
Corporate EarningsBanking & LiquidityCompany Fundamentals
Wells Fargo beat Wall Street estimates for third-quarter profit but missed expectations for net interest income and revenue. Its shares fell nearly 1% in volatile premarket trading.
AllMind Terminal
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request TrialMarket Sentiment
Overall Sentiment
mildly negative
Sentiment Score
-0.15
Ticker Sentiment
WFC0.10
More News
- Wells Fargo CFO on Earnings, Deals, Consumer Strength
- We're upgrading our rating on Wells Fargo as the stock's pullback offers a nice entry point
- Meta shares rise for a second straight day as new AI model family impresses
- Huge profits at tech and energy companies are masking this key trend
- JPMorgan, Goldman Sachs, Citigroup and Wells Fargo post strong profits, but warn rising interest rates and ‘sticky inflation’ will bite
- Liquidia (NASDAQ:LQDA) CMO Rajeev Saggar disposes of $262,528 in stock