Wells Fargo & Firm (NYSE: WFC) reported its first quarter 2025 earnings results in the present day.
Complete income decreased 3% year-over-year to $20.15 billion.
Internet revenue grew 6% to $4.89 billion and earnings per share rose 16% to $1.39 in comparison with final 12 months.
Earnings beat expectations whereas income fell quick.
Internet curiosity revenue decreased 6% whereas non-interest revenue was secure. Noninterest expense decreased 3%.
The inventory dropped over 4% on Friday following the earnings announcement.
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