Wells Fargo & Company (NYSE:WFC) will release earnings results for the second quarter, before the opening bell on Tuesday, July 15.
Analysts expect the San Francisco, California-based company to report quarterly earnings at $1.40 per share, up from $1.33 per share in the year-ago period. Wells Fargo projects to report quarterly revenue of $20.76 billion, compared to $20.69 billion a year earlier, according to data from Benzinga Pro.
On July 1, Wells Fargo said it expects SCB to decrease to 2.5% from 3.8% and intends to raise dividend by 12.5% to 45 cents per share.
Wells Fargo shares fell 1.5% to close at $82.34 on Monday.
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