Read more
1:14 PM · 13 January 2023

Wells Fargo results fall short of investor expectations

Wells Fargo (WFC.US) results fell short of investor expectations. Results for the fourth quarter of 2022 fell below analysts' forecasts. The bank's shares are losing nearly 5% before the opening of this week's last trading session.

Q4 results:

- Revenues: $19.66 billion vs. expectations of $19.95 billion

- EPS: $0.67 vs. expectations of $3.1

- Net interest income: $13.43 billion vs. expectations of $12.99 billion

- Provision for credit losses: $957 million vs. expectations of $860.2 million

- Fourth quarter operating loss was $3.3 billion

- Bank plans to continue share repurchase program in Q1 2023

Wells Fargo (WFC.US) shares are trading with losses ahead of the opening of today's session on Wall Street. Source: xStation 5

15 May 2026, 7:21 PM

Daily summary: A week closed with declines – is the market starting to fear inflation?

15 May 2026, 5:32 PM

US OPEN: Wall Street Bleeds After Trump's Beijing Visit

15 May 2026, 12:27 PM

Market Wrap: Stocks and metals dip as Trump-Xi summit fails to break Iran deadlock 📉 (15.05.2026)

14 May 2026, 7:00 PM

Daily Summary: Market euphoria shows no signs of letting up 🚀

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits