Wells Fargo (WFC) Tops Q2 EPS by 5c

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Go back to Wells Fargo (WFC) Tops Q2 EPS by 5c

Wells Fargo Reports $5.8 Billion in Quarterly Net Income

July 14, 2017 8:01 AM EDT

Diluted EPS of $1.07; Revenue of $22.2 billion

SAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo & Company (NYSE: WFC):

Strong financial results: Net income of $5.8 billion, up 5 percent from second quarter 2016 Diluted earnings per share (EPS) of $1.07, up 6 percent Revenue of $22.2 billion Net interest income of $12.5 billion, up $750 million, or 6 percent Total average deposits of $1.3 trillion, up $64.5 billion, or 5 percent Total average loans of $956.9 billion, up $6.1 billion, or 1 percent Return on assets (ROA) of 1.21 percent and return on equity... More