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Wells Fargo (NYSE: WFC) is scheduled to report its earnings on July 15, 2023, marking the first report since the Federal Reserve lifted the bank’s $1.95 trillion asset cap in late May. Earnings are estimated at $1.40 per share, up from $1.33 in the same quarter last year, while revenues are expected to remain flat at around $20.76 billion due to subdued loan growth and economic uncertainties related to tariffs.
The company currently has a market capitalization of $271 billion, with a revenue of $82 billion and a net income of approximately $20 billion over the past twelve months.
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