Wells Fargo (WFC) Tops Q1 EPS by 6c
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Wells Fargo Reports $5.8 Billion in Net Income
April 14, 2015 8:02 AM EDTDiluted EPS of $1.04, Revenue Up 3 Percent from Prior Year
SAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo & Company (NYSE: WFC):
Strong financial results: Net income of $5.8 billion, compared with $5.9 billion in first quarter 2014 Diluted earnings per share (EPS) of $1.04, compared with $1.05 Revenue of $21.3 billion, up 3 percent Pre-tax pre-provision profit1 of $8.8 billion, up 1 percent Efficiency ratio of 58.8 percent, compared with 57.9 percent Return on assets (ROA) of 1.38 percent and return on equity (ROE) of 13.17 percent Strong growth in average... More