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April 12 (Reuters) - Wells Fargo's profit fell as it earned less from customer interest payments in the first quarter. Net income declined to $4.62 billion, or $1.20 per share, for the three ...
Wells Fargo's NII dropped 11% to $11.69 billion in the quarter. Analysts on average had predicted $11.87 billion, according to estimates compiled by LSEG. "We remain bullish on WFC shares," said ...
Wells Fargo’s WFC-N profit beat analysts expectations in the ... by top banks lowering prime lending rates, which will likely shrink their interest income. Banks have also tightened lending ...
(Reuters) -Wells Fargo's profit fell 7% in the first quarter, beating analysts' forecasts, as it paid more to hold customer deposits while demand from borrowers declined. Its stock slid 2.1% after ...
Wells Fargo's Q3 profit beats estimates Shares rise 6% in ... by top banks lowering prime lending rates, which will likely shrink their interest income. Banks have also tightened lending standards ...
Wells Fargo's profit fell as it earned less from customer interest payments in the first quarter. Net income declined to $4.62 billion, or $1.20 per share, for the three months ended March 31 ...
WELLS Fargo’s profit fell more than 7 per cent as it earned less from customer interest payments in the first quarter, sending its shares down 3 per cent in premarket trading. Net income declined to ...
WELLS Fargo’s profit beat analysts’ expectations in the third quarter ... The rate cut was followed by top banks lowering prime lending rates, which will likely shrink their interest income. Banks ...
(Reuters) -Wells Fargo's profit beat analysts expectations in the third quarter as it set aside less money than expected to cover potential loan losses and predicted its interest income would ...