Wells Fargo announced its Q4 FY2025 earnings, with mixed results. Earnings per share (EPS) reached $1.76, higher than the expected $1.66; but revenue was $21.29 billion, below the expected $21.64 billion, failing to meet expectations. The company's net profit was $5.4 billion. Looking ahead, Wells Fargo's goal is to achieve a mid-term tangible common equity return on equity of 17%-18%, up from 15% in 2025, and plans to increase investments in consumer and commercial growth projects.
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Wells Fargo announced its Q4 FY2025 earnings, with mixed results. Earnings per share (EPS) reached $1.76, higher than the expected $1.66; but revenue was $21.29 billion, below the expected $21.64 billion, failing to meet expectations. The company's net profit was $5.4 billion. Looking ahead, Wells Fargo's goal is to achieve a mid-term tangible common equity return on equity of 17%-18%, up from 15% in 2025, and plans to increase investments in consumer and commercial growth projects.