Here's What Key Metrics Tell Us About Wells Fargo (WFC) Q4 Earnings

Wells Fargo (WFC) reported $20.38 billion in revenue for the quarter ended December 2024, representing a year-over-year decline of 0.5%. EPS of $1.42 for the same period compares to $1.29 a year ago.The reported revenue represents a surprise of -0.85% over the Zacks Consensus Estimate of $20.55 billion. With the consensus EPS estimate being $1.34, the EPS surprise was +5.97%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how Wells Fargo performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Average Balance - Total interest-earning assets: $1,756.36 billion versus $1,754.22 billion estimated by six analysts on average. Net interest margin on a taxable-equivalent basis: 2.7% versus the six-analyst average estimate of 2.7%. Return on assets (ROA) - Financial Ratios: 1.1% compared to the 1.1% average estimate based on six analysts. Net loan charge-offs as a % of average total loans (annualized): 0.5% versus 0.5% estimated by six analysts on average. Return on equity (ROE) - Financial Ratios: 11.7% versus the six-analyst average estimate of 10.9%. Book value per common share: $48.85 versus the six-analyst average estimate of $49.65. Total nonperforming assets: $7.94 billion versus the five-analyst average estimate of $8.66 billion. Efficiency Ratio: 66% versus 65.1% estimated by five analysts on average. Net loan charge-offs: $1.21 billion compared to the $1.23 billion average estimate based on five analysts. Total nonaccrual loans: $7.73 billion versus $8.51 billion estimated by four analysts on average. Allowance for loan losses as a percentage of total loans: 1.6% versus 1.6% estimated by four analysts on average. Common Equity Tier 1 (CET1) - Standardized Approach: 12.4% compared to the 11.3% average estimate based on three analysts. View all Key Company Metrics for Wells Fargo here>>>Shares of Wells Fargo have returned +0.5% over the past month versus the Zacks S&P 500 composite's -3.3% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.Free Today: Profiting from The Future’s Brightest Energy SourceThe demand for electricity is growing exponentially. At the same time, we’re working to reduce our dependence on fossil fuels like oil and natural gas. Nuclear energy is an ideal replacement.Leaders from the US and 21 other countries recently committed to TRIPLING the world’s nuclear energy capacities. This aggressive transition could mean tremendous profits for nuclear-related stocks – and investors who get in on the action early enough.Our urgent report, Atomic Opportunity: Nuclear Energy's Comeback, explores the key players and technologies driving this opportunity, including 3 standout stocks poised to benefit the most.Download Atomic Opportunity: Nuclear Energy's Comeback free today.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Wells Fargo & Company (WFC): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks