Wells Fargo (WFC) Tops Q2 EPS by 1c
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Wells Fargo Reports $5.7 Billion in Net Income
July 14, 2015 8:01 AM EDTDiluted EPS of $1.03, Revenue of $21.3 Billion
SAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo & Company (NYSE: WFC):
Continued strong financial results: Net income of $5.7 billion, in line with second quarter 2014 Diluted earnings per share (EPS) of $1.03, compared with $1.01 Revenue of $21.3 billion, up 1 percent Return on assets (ROA) of 1.33 percent and return on equity (ROE) of 12.71 percent Strong growth in average loans and deposits: Total average loans of $870.4 billion, up $39.4 billion, or 5 percent, from second quarter 2014 Quarter-end loans of... More