Wells Fargo (WFC) Tops Q1 EPS by 11c
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Wells Fargo Reports $5.9 Billion in Quarterly Net Income; Diluted EPS of $1.20
April 12, 2019 8:00 AM EDTSAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo & Company (NYSE: WFC):
Financial results: Net income of $5.9 billion, compared with $5.1 billion in first quarter 2018 Diluted earnings per share (EPS) of $1.20, compared with $0.96 Revenue of $21.6 billion, down from $21.9 billion Net interest income of $12.3 billion, up $73 million Noninterest income of $9.3 billion, down $398 million Noninterest expense of $13.9 billion, down $1.1 billion Average deposits of $1.3 trillion, down $35.1 billion, or 3% Average loans of $950.1 billion, down $876 million... More