FBR Capital Reiterates Market Perfrm on Wells Fargo (WFC) Following 4Q Miss

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Go back to FBR Capital Reiterates Market Perfrm on Wells Fargo (WFC) Following 4Q Miss

Wells Fargo NeighborhoodLIFT Program to Boost Raleigh-Durham Homeownership

January 13, 2017 11:35 AM EST

Eligible homebuyers can make an appointment now to apply for a matching down payment assistance grant up to $7,500 on Feb. 3-4

RALEIGH, N.C.--(BUSINESS WIRE)-- Wells Fargo & Company (NYSE: WFC), NeighborWorks® America and its network member DHIC, Inc. today announced the upcoming Raleigh-Durham NeighborhoodLIFT® program with a $5 million commitment by Wells Fargo to help boost local homeownership.

This Smart News Release features multimedia. View the full release here:... More

Wells Fargo Reports $5.3 Billion in Quarterly Net Income

January 13, 2017 8:01 AM EST

Diluted 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