Wells Fargo (WFC) Tops Q1 EPS by 5c

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Go back to Wells Fargo (WFC) Tops Q1 EPS by 5c

Wells Fargo Reports Preliminary First Quarter 2018 Net Income of $5.9 Billion; Diluted EPS of $1.12

April 13, 2018 8:01 AM EDT

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

Our preliminary financial results may need to be revised to reflect additional accruals for the CFPB/OCC matter, discussed on page 2, when we file our final financial statements in our Quarterly Report on Form 10-Q. Preliminary financial results: Preliminary net income of $5.9 billion, compared with $5.6 billion in first quarter 2017 Diluted earnings per share (EPS) of $1.12, compared with $1.03 Revenue of $21.9 billion, down from $22.3 billion Net interest income of $12.2 billion, down $86 million, or 1 percent... More