Wells Fargo posts $5.8 billion in net income

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Wells Fargo reported Q3/17 net income of $4.6 billion was down 18.5% from $5.6 billion for the same quarter in 2016. Revenue of $21.9 billion was down from $22.3 billion a year earlier. The bank noted that Q3/17 included a $1 billion discrete litigation accrual for previously disclosed mortgage-related regulatory investigations.

Wells Fargo Net Income ($ in billions, except EPS) $5.7 . $5.8 $1.02 $1.05 . 3Q14 3Q15. Diluted earnings per common share. Pre-tax pre-provision profit ($ in billions) $9.5 $9.0 Earnings of .8 billion diluted earnings per common share of $1.05 Revenue up 3% both year-over-year (YoY) and linked quarter (lq) -net interest income up 5% YoY and 2.

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Wells Fargo Scandal: 5 Things you Need to Know! Wells reported $5.7 billion in net income in the third quarter. But back on the 40th floor of One Wells Fargo Center in Charlotte. quips during his first public interview since taking his post.

SAN FRANCISCO – Wells Fargo & Company (NYSE:WFC) reported net income of $5.8 billion, or $1.04 per diluted common share, for first quarter 2015, compared with $5.9 billion, or $1.05 per share, for first quarter 2014, and up from $5.7 billion, or $1.02 per share, for fourth quarter 2014.

The bank’s shares fell almost 7% in post. to Wells Fargo, but not devastatingly so. The loss of $300-400 million in net income this year may hurt the share price in the short time, but Wells.

Rumors have been circulating, including the most recent report Thursday, that the consumer financial protection bureau is on the brink of hitting Wells Fargo. 2018 net income by $800 million, or $0.

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Wells Fargo & Company (NYSE: WFC) reported net income of $5.8 billion, or $1.04 per diluted common share, for first quarter 2015, compared with $5.9 billion, or $1.05 per share, for first quarter 2014, and up from $5.7 billion, or $1.02 per share, for fourth quarter 2014.

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SAN FRANCISCO – Wells Fargo & Company (NYSE:WFC) reported net income of $5.8 billion, or $1.05 per diluted common share, for third quarter 2015, compared with $5.7 billion, or $1.02 per share, for third quarter 2014, and $5.7 billion, or $1.03 per share, for second quarter 2015.

Wells Fargo earnings came in strong, but revenue didn’t meet Wall Street expectations.. Net income of $5.8 billion, or $1.07 per share. That’s up 5% from second quarter 2016.

Third quarter net profit was 1% higher at $5.8 billion. Net interest income increased by $516 million compared to the same period last year, reflecting high loan growth.. Wells Fargo Posts.