Wells Fargo (WFC) Posts Q4 EPS of $0.96, Sales Miss
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Wells Fargo Reports $5.3 Billion in Quarterly Net Income
January 13, 2017 8:01 AM ESTDiluted EPS of $0.96 included net hedge ineffectiveness accounting impact of $(0.07)
SAN FRANCISCO--(BUSINESS WIRE)--
Wells Fargo & Company (NYSE: WFC):
Full year 2016 Net income of $21.9 billion, compared with $22.9 billion in 2015 Diluted earnings per share (EPS) of $3.99, compared with $4.12 Revenue of $88.3 billion, up 3 percent Return on assets (ROA) of 1.16 percent and return on equity (ROE) of 11.49 percent Returned $12.5 billion to shareholders through common stock dividends and net share repurchases Fourth quarter 2016 Net income of $5.3 billion, compared with $5.6 billion in fourth quarter 2015... More