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Wells Fargo Reports $5.6 Billion in Quarterly Net Income
October 14, 2016 8:00 AM EDTDiluted EPS of $1.03; Revenue Up 2 Percent from Prior Year
SAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo & Company (NYSE: WFC):
Continued strong financial results: Net income of $5.6 billion, compared with $5.8 billion in third quarter 2015 Diluted earnings per share (EPS) of $1.03, compared with $1.05 Revenue of $22.3 billion, up 2 percent Pre-tax pre-provision profit1 of $9.1Â billion, compared with $9.5 billion Return on assets of 1.17 percent and return on equity of 11.60 percent Strong growth in loans and deposits: Total average loans... More