Evercore Affirms Wells Fargo (WFC) at 'But'; Q3 Results Solid, Bolstered by Credit; Sales Practice Remains in Focus
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/18/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
Wells Fargo Reports $5.6 Billion in Quarterly Net Income
October 14, 2016 8:00 AM EDTDiluted EPS of $1.03; Revenue Up 2 Percent from Prior Year
SAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo & Company (NYSE: WFC):
Continued strong financial results: Net income of $5.6 billion, compared with $5.8 billion in third quarter 2015 Diluted earnings per share (EPS) of $1.03, compared with $1.05 Revenue of $22.3 billion, up 2 percent Pre-tax pre-provision profit1 of $9.1Â billion, compared with $9.5 billion Return on assets of 1.17 percent and return on equity of 11.60 percent Strong growth in loans and deposits: Total average loans... More