· Let’s take a look at Wells Fargo’s dividend history and safety. Business Overview and Highlights. Wells Fargo (NYSE: WFC) is a $219 billion business. The company is based out of San Francisco, CA and employs 259,000 people. Last year Wells Fargo pulled in $101 billion in sales and that works out to $390,000 per employee.
· In fact, Wells Fargo is the fourth-largest bank in the US, with over $200 billion in market capitalization. Given its ubiquity, it’s little surprise that millions of Americans have – or want to have – a Wells Fargo credit card .
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Wells Fargo Earnings. Wells Fargo earned $1.20 a share, well above estimates for $1.08. Revenue of $21.6 billion beat analysts’ outlook for $20.89 billion. Net interest income edged up 1% to $12.3.
A stable housing market and fewer bad loans helped lift wells fargo’s quarterly profit by nearly 4 percent. The country’s largest mortgage lender said Friday that net income rose to $5.7 billion.
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Wells Fargo and Bank of America Post Positive Q3 Financial Reports. in Daily Dose, Headlines, News October 14, 2015 2,372 Views. Wells Fargo reported a net income of $5.8 billion,
· Wells Fargo & Co. hasn’t yet fixed all of its problems, but at least it stopped its revenue slump. Wells Fargo branch Bloomberg News The bank posted a surprise increase in revenue, with the figure rising to $21.9 billion in the third quarter, after analysts expected a slight decline. The bank.
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The company reported $5.8 billion in net income, or $1.04 per share. This was higher than analysts’ expectations of $0.98 per share but slightly lower than the $1.05 per share earned in 1Q 2014. Even though earnings beat analysts’ expectations, Wells Fargo’s stock tumbled during the day of the earnings announcement.
· During this quarter, which ended in March 31, the bank reported a slight increase in net income to $5.9 billion from $5.6 billion in the same quarter last year. Wells Fargo shares are currently trading down 3.09% on NYSE, with a market capitalization of $249.1 billion. 2 – Readers Like This Post
Mary Eshet . Jim Rowe : 704-383-7777 . 415-396-8216 : Tuesday, April 14, 2015 . WELLS FARGO REPORTS $5.8 BILLION IN NET INCOME . Diluted EPS of $1.04, Revenue Up 3 Percent from Pr
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