Wells Fargo Reports First Quarter 2021 Financial Results

Rhea-AI Summary

Wells Fargo (NYSE: WFC) has announced its financial results for Q1 2021. The company reported approximately $1.9 trillion in assets and serves over 10% of middle market companies in the U.S. During the earnings call, insights on growth strategies and future expectations will be discussed. For more information on the results, visit Wells Fargo Investor Relations.

Positive

• Total assets reported at approximately $1.9 trillion, indicating substantial market presence.
• Serves one in three U.S. households, reflecting strong consumer base.

Negative

• None.

Wells Fargo & Company (NYSE: WFC) has released its first quarter 2021 financial results. The financial results are available online at https://www.wellsfargo.com/about/investor-relations/quarterly-earnings/ and on a Form 8-K filed by the company with the Securities and Exchange Commission (SEC) on April 14, 2021, and available on the SEC’s website at www.sec.gov.

Conference call

The company will host a live conference call on Wednesday, April 14, at 10 a.m. Eastern time. You may listen to the call by dialing 866-872-5161 (U.S. and Canada) or 440-424-4922 (international). The call will also be available online at https://edge.media-server.com/mmc/p/9wej5fnq.

A replay of the conference call will be available from approximately 2 p.m. Eastern time on April 14 through Wednesday, April 28. Please dial 855-859-2056 (U.S. and Canada) or 404-537-3406 (international) and enter Conference ID: 3298001. The replay will also be available online at https://edge.media-server.com/mmc/p/9wej5fnq.

About Wells Fargo

Wells Fargo & Company is a leading financial services company that has approximately $1.9 trillion in assets and proudly serves one in three U.S. households and more than 10% of all middle market companies in the U.S. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management. Wells Fargo ranked No. 30 on Fortune’s 2020 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health and a low-carbon economy. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.

Additional information may be found at www.wellsfargo.com | Twitter: @WellsFargo.

News Release Category: WF-CF

View source version on businesswire.com: https://www.businesswire.com/news/home/20210414005452/en/

FAQ

What were Wells Fargo's Q1 2021 financial results?

Wells Fargo reported its Q1 2021 financial results which are detailed on their investor relations page.

When is the Wells Fargo Q1 2021 earnings call?

The Q1 2021 earnings call is scheduled for April 14, 2021, at 10 a.m. Eastern time.

How can I access Wells Fargo's financial results?

Wells Fargo's financial results can be accessed online at their investor relations page.

What is Wells Fargo's asset size as of Q1 2021?

As of Q1 2021, Wells Fargo reported total assets of approximately $1.9 trillion.

What percentage of U.S. households does Wells Fargo serve?

Wells Fargo serves one in three U.S. households.