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Before the opening bell on Wednesday morning, Wells Fargo (WFC ) reported its fourth quarter results, posting slightly higher earnings and revenue compared to last year’s Q4.
Wells Fargo Chairman and CEO John Stumpf had the following comments: "Wells Fargo had another strong year in 2014, with continued strength in the fundamental drivers of long-term performance: growing customers, loans, deposits and capital. As a result of this performance, we were able to return more capital to our shareholders during the year. Our success is the result of our 265,000 team members remaining focused on meeting the financial needs of our customers in the communities we serve. As the U.S. economy continues to build momentum, I’m optimistic that our diversified business model will continue to benefit all of our stakeholders in 2015.”
Wells Fargo paid its most recent 35-cent quarterly dividend on December 1. We expect the company declare its next dividend in the coming month.