Wells Fargo Trading Volume Plummets 31.75 Percent to 52nd Rank

On April 8, 2025, Wells Fargo & Company (WFC) experienced a significant decline in trading volume, with a total of 17.29 billion shares traded, marking a 31.75% decrease from the previous day. This drop placed WFC at the 52nd position in terms of trading volume for the day.

Wells Fargo is scheduled to release its first-quarter 2025 earnings report on April 11, 2025, before the market opens. The company's fourth-quarter performance was characterized by higher non-interest income, although a decrease in net interest income (NII) was noted. The Zacks Consensus Estimate for first-quarter 2025 revenues is $20.8 billion, indicating a 0.3% year-over-year decline. Over the past 30 days, the consensus estimate for earnings for the upcoming quarter has been revised downward to $1.23 per share, reflecting a 2.4% decline from the prior-year quarter's actual earnings.

Wells Fargo has a strong history of earnings surprises, with the company's earnings outpacing the Zacks Consensus Estimate in the trailing four quarters, averaging an 11.23% earnings surprise. Factors influencing WFC's Q1 results include loans and NII, which are expected to see marginal growth due to relatively high interest rates and modest demand for loans. Non-interest revenues, particularly from mortgage banking, are anticipated to decline, while investment advisory and other asset-based fee revenues are likely to improve from transactional activities.