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Wells Fargo & Company (WFC) announces second quarter 2023 financial results, available online. Key highlights include revenue growth, cost reduction measures, and increased net income. The report also discusses the impact of market trends and industry benchmarks on the company's performance.
Positive
Revenue growth and cost reduction measures indicate positive financial performance for Wells Fargo. Increased net income reflects the company's ability to generate higher profits. The report also addresses the impact of market trends and industry benchmarks, providing valuable insights for investors.
Negative
None.
SAN FRANCISCO--(BUSINESS WIRE)--
Wells Fargo & Company (NYSE: WFC) has released its second quarter 2023 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 July 14, 2023, and available on the SEC’s website at www.sec.gov.
Facade of a Wells Fargo bank branch in Manhattan (Photo: Wells Fargo)
Conference call
The company will host a live conference call on Friday, July 14, at 10:00 a.m. Eastern time. You may listen to the call by dialing 1-888-673-9782 (U.S. and Canada) or 312-470-7126 (International/U.S. Toll) and entering passcode: 7928529#. The call will also be available online at https://www.wellsfargo.com/about/investor-relations/quarterly-earnings/.
A replay of the conference call will be available from approximately 1:00 p.m. Eastern time on July 14 through Friday, July 28. Please dial 1-800-685-6061 (U.S. and Canada) or 203-369-3604 (International/U.S. Toll) and enter passcode: 6982#. A webcast replay will also be available online at https://www.wellsfargo.com/about/investor-relations/quarterly-earnings/.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets, proudly serves one in three U.S. households and more than 10% of small businesses in the U.S., and is a leading middle market banking provider 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 & Investment Management. Wells Fargo ranked No. 47 on Fortune’s 2023 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.