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San Francisco, California-based Wells Fargo & Company (WFC) is a leading financial services firm with a broad footprint across consumer and commercial banking, lending, and wealth and investment management. With a market cap of $292 billion, the bank serves millions of customers through its extensive branch network and digital platforms, with core businesses spanning retail banking, mortgages, credit cards, corporate banking, and advisory services.
The financial sector giant is expected to release its fourth-quarter results soon. Ahead of the event, analysts expect WFC to deliver a profit of $1.65 per share, up 16.2% from $1.42 per share reported in the year-ago quarter. Additionally, the company has a robust earnings surprise history. It has surpassed the Street’s bottom-line estimates in each of the past four quarters.
