Wells Fargo
topped third-quarter profits and web interest margin estimates and the inventory was climbing in premarket investing Friday.
The San Francisco-primarily based bank posted earnings of 85 cents a share on $19.5 billion in revenue in its third quarter. Analysts surveyed by FactSet expected earnings of $1.09 a share on profits of $18.8 billion. The lender documented earnings of $1.17 a share on earnings of $18.8 billion in the same interval previous calendar year.
Wells Fargo
topped third-quarter profits and web interest margin estimates and the inventory was climbing in premarket investing Friday.
The San Francisco-primarily based bank posted earnings of 85 cents a share on $19.5 billion in revenue in its third quarter. Analysts surveyed by FactSet expected earnings of $1.09 a share on profits of $18.8 billion. The lender documented earnings of $1.17 a share on earnings of $18.8 billion in the same interval previous calendar year.