Wells Fargo's 20.89 Billion Trading Volume Ranks 30th Amid Mixed Q1 2025 Results

On April 11, 2025, Wells Fargo (WFC) experienced a trading volume of 20.89 billion, ranking 30th in the day's stock market activity. The stock price decreased by 0.95%, marking the second consecutive day of decline, with a total decrease of 5.76% over the past two days.

Wells Fargo has released its first-quarter 2025 financial results, which are available online and on a Form 8-K filed by the company. The financial results include a net interest income of $11.5 billion, a decrease of 6%, and noninterest income of $8.7 billion, which saw a slight increase. Noninterest expense amounted to $13.9 billion, down 3% from the previous quarter.

The lender reported earnings per share (EPS) of $1.39 for the quarter, up from $1.20 per share a year ago. This figure exceeded consensus estimates, indicating a strong performance despite the mixed results in other areas. The provision for credit losses fell to $932 million, lower than analysts' expectations of $1.22 billion, which contributed to the better-than-expected earnings.

However, the company's total revenue decreased by 3% year-over-year to $20.15 billion, reflecting challenges in key revenue lines. Despite this, lower expenses and better provisions helped offset some of the misses, providing a more balanced financial outlook for the quarter.