International Companies
Wells Fargo tops earnings forecast despite fall in net interest income
By Josh White
Date: Friday 12 Apr 2024
(Sharecast News) - Wells Fargo surpassed Wall Street expectations for first-quarter earnings, it reported on Friday, despite a decrease in net interest income.
The bank's earnings per share came in at an adjusted $1.26, outstripping the $1.11 pencilled in by market watchers, while revenue totalled $20.86bn, surpassing the estimated $20.2bn.
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