Wells Fargo (WFC) shares climbed in pre-market trading Wednesday after the bank reported fourth-quarter profit and net interest income that topped analysts' estimates.
The lender reported $5.08 billion in 澳洲幸运5官方开奖结果体彩网:net income for the quarter, up from $3.45 billion last year and above analysts' expectations. Revenue lagged estimates at $20.38 billion, down from $20.48 billion a year ago.
The bank had been expected to post fourth-quarter net income of ♛ꦇ$4.83 billion and revenue of $20.53 billion, according to consensus estimates compiled by Visible Alpha.
澳洲幸运5官方开奖结果体彩网:Net interest income fell to $11.84 billion from $12.77 billion in the fourth quarter of 2023, but that was above the $11.69 billion analysts⛎ anticipated.
Shares of Wells Fargo were up over 3% in pre-market trading following the release.