WFC - How To Earn $500 A Month From Wells Fargo After Upbeat Earnings | Benzinga
Wells Fargo & Company (NYSE: WFC) reported better-than-expected earnings for its third quarter on Friday.
The bank’s quarterly EPS reached $1.48, beating the consensus of $1.24 and $0.86 a year ago The bank reported Q3 revenues of $20.86 billion, up 21% Y/Y, above the consensus of $20.11 billion.
For FY23, Wells Fargo expects net interest income to be ~16% higher than the FY22 level of $45.0 billion, up from prior guidance of ~14% higher, with 4Q23 expected to be ~$12.7 billion.
Following Wells Fargo's earnings report, some investors may be eyeing potential gains from the company’s dividends. As of now, Wells Fargo offers an annual dividend yield of 3.42%, which is a quarterly dividend amount of 35 cents ...