Q4 Earnings Snapshot

Wells Fargo (WFC) Q4 2024 Earnings Call Transcript
Welcome, and thank you for joining the Wells Fargo fourth-quarter 2024 earnings conference call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator instructions] Please note that today's call is being recorded.
Morning Movers: Wells Fargo and Citi gain following Q4 earnings
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Wells Fargo: Q4 Earnings Snapshot
The company, based in San Francisco, said it had earnings of $1.43 per share. Earnings, adjusted for one-time gains and costs, were $1.42 per share. The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.
Unity Bancorp: Q4 Earnings Snapshot
The Clinton, New Jersey-based bank said it had earnings of $1.13 per share. The bank holding company posted revenue of $42.2 million in the period. Its revenue net of interest expense was $28.4 million,
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Wells Fargo (WFC) came out with quarterly earnings of $1.42 per share, beating the Zacks Consensus Estimate of $1.34 per share. This compares to earnings of $1.29 per share a year ago. These figures are adjusted for non-recurring items.

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