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Wells Fargo Reports First Quarter 2025 Financial Results

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Wells Fargo Reports First Quarter 2025 Financial Results
News

News

Wells Fargo Reports First Quarter 2025 Financial Results

2025-04-11 19:01 Last Updated At:19:10

SAN FRANCISCO--(BUSINESS WIRE)--Apr 11, 2025--

Wells Fargo & Company (NYSE: WFC) has released its first quarter 2025 financial results. The financial results are available online at https://www.wellsfargo.com/about/investor-relations/quarterly-earnings/ and on a Form 8-K filed by the company with the Securities and Exchange Commission (SEC) on April 11, 2025, and available on the SEC’s website at www.sec.gov.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250410364353/en/

Conference call

The company will host a live conference call on Friday, April 11, at 10:00 a.m. Eastern time. You may listen to the call by dialing 1-888-673-9782 (U.S. and Canada) or 312-470-7126 (International/U.S. Toll) and entering passcode: 8320644#. The call will also be available online at https://www.wellsfargo.com/about/investor-relations/quarterly-earnings/.

A replay of the conference call will be available from approximately 1:00 p.m. Eastern time on April 11 through Friday, April 25. Please dial 1-866-360-7722 (U.S. and Canada) or 203-369-0174 (International/U.S. Toll) and enter passcode: 6785#. A webcast replay will also be available online at https://www.wellsfargo.com/about/investor-relations/quarterly-earnings/.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 34 on Fortune’s 2024 rankings of America’s largest corporations. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.

Additional information may be found at www.wellsfargo.com
LinkedIn: https://www.linkedin.com/company/wellsfargo

News Release Category: WF-CFH

Facade of a Wells Fargo bank branch in Manhattan

Facade of a Wells Fargo bank branch in Manhattan

ADELBODEN, Switzerland (AP) — The big surprise of the World Cup slalom season scored his second win Sunday adding to his fast-rising reputation before the Winter Olympics.

Paco Rassat raced to the fastest time in the second run to rise from fourth place, and push two Norwegians down the podium steps after they had been fastest in the morning run.

United States-born Atle Lie McGrath was edged out by 0.18 seconds and first-run leader Henrik Kristoffersen dropped to third, trailing 0.20 behind Rassat.

The 27-year-old Frenchman had a career-best result of ninth in World Cup races before this Olympic season started.

Rassat now has two wins, a third place and two sixth places this season and shapes as a medal contender for the Milano Cortina Olympics. The men’s slalom is on Feb. 16 at Bormio.

“To win on this crazy hill at Adelboden, It’s something really unbelievable," Rassat told Swiss broadcaster RTS, describing his season as “a magnificent surprise.”

Rassat also took the lead in the seasonlong World Cup slalom standings, ahead of his France teammate Clément Noël, the defending Olympic champion. Noël tied for eighth Sunday.

McGrath was runner-up in the Adelboden slalom for the third time in four years.

“It’s kind of crazy,” said McGrath, whose father Felix skied for the U.S. at the 1988 Calgary Olympics. “I’m of course super happy, it’s such a challenging slope and mentally it’s one of the toughest places to perform because of this amazing crowd.”

Another packed finish-area crowd at Adelboden observed a minute’s silence before racing for the victims of the fatal fire in a bar in nearby Crans-Montana on New Year’s Day. Crans-Montana hosts men’s and women’s World Cup races in three weeks’ time.

The World Cup overall standings leader, four-time title holder Marco Odermatt, does not ski slalom and his huge lead was cut a little by Lucas Pinheiro Braathen, who placed fourth. Pinheiro Braathen was second to Odermatt in the classic giant slalom Saturday.

The men’s World Cup circuit stays in central Switzerland for the storied Lauberhorn meeting at Wengen, for a super-G on Friday, the classic downhill Saturday and a slalom Sunday.

AP skiing: https://apnews.com/hub/alpine-skiing

Norway's Atle Lie McGrath reacts at the finish line during an alpine ski, men's World Cup slalom, in Adelboden, Switzerland, Sunday, Jan. 11, 2026. (AP Photo/Gabriele Facciotti)

Norway's Atle Lie McGrath reacts at the finish line during an alpine ski, men's World Cup slalom, in Adelboden, Switzerland, Sunday, Jan. 11, 2026. (AP Photo/Gabriele Facciotti)

Norway's Henrik Kristoffersen reacts at the finish line during an alpine ski, men's World Cup slalom, in Adelboden, Switzerland, Sunday, Jan. 11, 2026. (AP Photo/Gabriele Facciotti)

Norway's Henrik Kristoffersen reacts at the finish line during an alpine ski, men's World Cup slalom, in Adelboden, Switzerland, Sunday, Jan. 11, 2026. (AP Photo/Gabriele Facciotti)

France's Paco Rassat speeds down the course during an alpine ski, men's World Cup slalom, in Adelboden, Switzerland, Sunday, Jan. 11, 2026. (AP Photo/Giovanni Zenoni)

France's Paco Rassat speeds down the course during an alpine ski, men's World Cup slalom, in Adelboden, Switzerland, Sunday, Jan. 11, 2026. (AP Photo/Giovanni Zenoni)

France's Paco Rassat reacts at the finish line during an alpine ski, men's World Cup slalom, in Adelboden, Switzerland, Sunday, Jan. 11, 2026. (AP Photo/Gabriele Facciotti)

France's Paco Rassat reacts at the finish line during an alpine ski, men's World Cup slalom, in Adelboden, Switzerland, Sunday, Jan. 11, 2026. (AP Photo/Gabriele Facciotti)

Finland's Eduard Hallberg speeds down the course during an alpine ski, men's World Cup slalom, in Adelboden, Switzerland, Sunday, Jan. 11, 2026. (AP Photo/Gabriele Facciotti)

Finland's Eduard Hallberg speeds down the course during an alpine ski, men's World Cup slalom, in Adelboden, Switzerland, Sunday, Jan. 11, 2026. (AP Photo/Gabriele Facciotti)

Norway's Atle Lie McGrath speeds down the course during an alpine ski, men's World Cup slalom, in Adelboden, Switzerland, Sunday, Jan. 11, 2026. (AP Photo/Giovanni Zenoni)

Norway's Atle Lie McGrath speeds down the course during an alpine ski, men's World Cup slalom, in Adelboden, Switzerland, Sunday, Jan. 11, 2026. (AP Photo/Giovanni Zenoni)

Norway's Henrik Kristoffersen ahead of an alpine ski, men's World Cup slalom, in Adelboden, Switzerland, Sunday, Jan. 11, 2026. (AP Photo/Gabriele Facciotti)

Norway's Henrik Kristoffersen ahead of an alpine ski, men's World Cup slalom, in Adelboden, Switzerland, Sunday, Jan. 11, 2026. (AP Photo/Gabriele Facciotti)

Norway's Henrik Kristoffersen speeds down the course during an alpine ski, men's World Cup slalom, in Adelboden, Switzerland, Sunday, Jan. 11, 2026. (AP Photo/Gabriele Facciotti)

Norway's Henrik Kristoffersen speeds down the course during an alpine ski, men's World Cup slalom, in Adelboden, Switzerland, Sunday, Jan. 11, 2026. (AP Photo/Gabriele Facciotti)

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