Wells Fargo profit rises on lower bad loan provisions-April 2024-www.financetom.com

Wells Fargo profit rises on lower bad loan provisions

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Wells Fargo profit rises on lower bad loan provisions

Jul 15, 2025 4:19 AM

July 15 (Reuters) - Wells Fargo's ( WFC ) profit rose in

the second quarter as it set aside less money to shield for

potential bad loans.

The fourth-largest U.S. lender's net income was $5.49

billion, or $1.60 a share, in the three months ended June 30, it

said on Tuesday. That compares with $4.91 billion, or $1.33 a

share, a year earlier.

Previous page： Boeing warns customers of further delays on 737 Max, Bloomberg News says Next page：

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Boeing warns customers of further delays on 737 Max, Bloomberg News says

Jul 11, 2024

(Reuters) -Boeing ( BA ) has notified some 737 Max customers in recent weeks that aircraft due for delivery in 2025 and 2026 might face additional delays of three to six months, Bloomberg News reported on Thursday, citing people familiar with the matter. Boeing ( BA ) did not immediately respond to a Reuters request for comment. Reuters reported last...

Jul 11, 2024

...

Air Incheon to consider widebody freighter orders after Asiana cargo purchase

Jul 11, 2024

SEOUL, July 12 (Reuters) - Air Incheon, set to become South Korea's second-biggest freight carrier once a deal to buy Asiana Airlines' cargo unit is finalised, will consider both Boeing ( BA ) and Airbus freighters to refresh the widebody fleet, its CEO said. The EU competition regulator last month approved Air Incheon, a small cargo-only carrier with four Boeing...

Oil tanker seized by Iran moving to international waters, tracking data shows

Jul 11, 2024

July 11 (Reuters) - A Chevron ( CVX )-chartered oil tanker that was seized by Iran more than a year ago was heading for international waters on Thursday, LSEG ship tracking data showed. The Marshall Islands-flagged Advantage Sweet was boarded by Iran's military in the Gulf of Oman in April 2023 after an alleged collision with an Iranian boat. The...