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Wells Fargo Q3 Earnings Beat Expectations, Revenue Falls
Published : 2024-10-11 - Duration : 00:42 - View : 194
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Wells Fargo reported lower earnings and revenue in the third quarter than last year, with a notable decline in net interest income. Wells Fargo's earnings per share exceeded expectations, while its revenue fell slightly short of estimates. The bank’s net interest income, a critical indicator of lending profitability, fell by 11%, largely due to h...
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