Wells Fargo
shares rose Friday right after the bank topped third-quarter revenue and internet curiosity profits estimates amid increasing fascination fees.
Earnings of 85 cents a share at the San Francisco financial institution missed analysts’ estimates. Earnings of $19.5 billion topped forecasts. Analysts surveyed by FactSet expected earnings of $1.09 a share on profits of $18.8 billion. The bank claimed earnings of $1.17 a share on revenue of $18.8 billion in the identical period final year.
Wells Fargo
shares rose Friday right after the bank topped third-quarter revenue and internet curiosity profits estimates amid increasing fascination fees.
Earnings of 85 cents a share at the San Francisco financial institution missed analysts’ estimates. Earnings of $19.5 billion topped forecasts. Analysts surveyed by FactSet expected earnings of $1.09 a share on profits of $18.8 billion. The bank claimed earnings of $1.17 a share on revenue of $18.8 billion in the identical period final year.
