Wells Fargo (WFC) Misses Q3 EPS by 4c
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Wells Fargo Reports $6.0 Billion in Quarterly Net Income; Diluted EPS of $1.13
October 12, 2018 8:00 AM EDTSAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo & Company (NYSE: WFC):
Financial results: Net income of $6.0 billion, compared with $4.5 billion in third quarter 2017 Diluted earnings per share (EPS) of $1.13, compared with $0.83 Third quarter 2018 included the redemption of our Series J Preferred Stock, which reduced diluted EPS by $0.03 per share Revenue of $21.9 billion, up from $21.8 billion Net interest income of $12.6 billion, up $123 million, or 1 percent Noninterest income of $9.4 billion, down $31 million Noninterest expense of $13.8 billion,... More