FBR Capital Reiterates Market Perfrm on Wells Fargo (WFC) Following 4Q Miss

Go back to FBR Capital Reiterates Market Perfrm on Wells Fargo (WFC) Following 4Q Miss

Wells Fargo NeighborhoodLIFT Program to Boost Raleigh-Durham Homeownership

January 13, 2017 11:35 AM EST

Eligible homebuyers can make an appointment now to apply for a matching down payment assistance grant up to $7,500 on Feb. 3-4

RALEIGH, N.C.--(BUSINESS WIRE)-- Wells Fargo & Company (NYSE: WFC), NeighborWorks® America and its network member DHIC, Inc. today announced the upcoming Raleigh-Durham NeighborhoodLIFT® program with a $5 million commitment by Wells Fargo to help boost local homeownership.

This Smart News Release features multimedia. View the full release here:... More

Wells Fargo Reports $5.3 Billion in Quarterly Net Income

January 13, 2017 8:01 AM EST

Diluted EPS of $0.96 included net hedge ineffectiveness accounting impact of $(0.07)

SAN FRANCISCO--(BUSINESS WIRE)--

Wells Fargo & Company (NYSE: WFC):

Full year 2016 Net income of $21.9 billion, compared with $22.9 billion in 2015 Diluted earnings per share (EPS) of $3.99, compared with $4.12 Revenue of $88.3 billion, up 3 percent Return on assets (ROA) of 1.16 percent and return on equity (ROE) of 11.49 percent Returned $12.5 billion to shareholders through common stock dividends and net share repurchases Fourth quarter 2016 Net income of $5.3 billion, compared with $5.6 billion in fourth quarter 2015... More