Wells Fargo (WFC) Aided by Cost Control, Hurt by Lower Revenues
https://www.zacks.com/stock/news/2192524/wells-fargo-wfc-aided-by-cost-control-hurt-by-lower-revenues?cid=CS-ZC-FT-analyst_blog|zer_report_update-2192524
Dec 01, 2023 - Wells Fargo's (WFC) cost-saving measures, like branch closures and headcount reduction, will help offset falling revenue trends due to volatile fee income and NII decline.
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