WFC Earnings Prediction
The chart below shows how WFC performed 10 days before and after its earnings report, based on data from the past quarters. Typically, WFC sees a -2.48% change in stock price 10 days leading up to the earnings, and a +3.75% change 10 days following the report. On the earnings day itself, the stock moves by +0.94%. This data can give you a slight idea of what to expect for the next quarter's release.
WFC Key Earning Data
WFC Earnings Analysis
Positive
Earnings Profile Improvement: Our earnings profile continues to improve.
Investment Benefits and Growth: We are seeing the benefits from investments we're making to increase growth and improve how we serve our customers and communities.
Capital Return and Risk Management: We maintained a strong balance sheet, returned $25 billion of capital to shareholders, and made significant progress on our risk and control work.
Net Income and EPS Growth: We grew net income and our diluted earnings per share was up 11% from a year ago.
Fee-Based Revenue Growth: In 2024, our strong fee-based revenue growth, up 15% from a year ago, largely offset the expected decline in net interest income.
Negative
Strong Q4 Net Income: We had solid results in the fourth quarter, including net income of $5.1 billion or $1.43 per diluted common share. Underlying business performance was strong compared to a year ago.
Banking Revenue Decline: Consumer Small and Business Banking revenue declined 7% from a year ago, driven by lower net interest income, reflecting the impact of customers migrating to higher yield and deposit products.
Decline in Average Loans: Average loans were down from both the third quarter and a year ago, driven by continued reductions in our commercial real estate portfolio driven by office as we continued to access to capital markets for funding.
Banking Revenue Decline: Banking revenue was down 4% from a year ago, driven by higher deposit costs and lower loan balances.
Net Interest Income Decline: Our fourth quarter annualized net interest income is $47 billion or approximately $700 million lower than fully year 2024.
WFC FAQs
How does WFC typically perform around its earnings report dates?
WFC's stock performance around earnings reports can vary, but historical data shows specific patterns, such as a -2.48% change leading up to the report and a +3.75% change in the 10 days following the release.
