Wells Fargo & Company (NYSE:WFC) will release earnings for the fourth quarter before the opening bell on Wednesday, Jan. 14.
Analysts expect the bank to report fourth-quarter earnings of $1.67 per share. That’s up from $1.43 per share in the year-ago period. The consensus estimate for Wells Fargo’s quarterly revenue is $21.66 billion (it reported $20.38 billion last year), according to Benzinga Pro.
On Dec. 10, Wells Fargo Bank, N.A., said it is decreasing its prime rate to 6.75% from 7.00%.
Shares of Wells Fargo rose 0.4% to close at $95.95 on Friday.
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