"In Wells Fargo’s filing Wednesday, it reported profits of $2.0 billion, or 60 cents per diluted share, down 9.1% from $2.2 billion, or 66 cents per share, in the year-earlier quarter. Despite decreased revenue, Wells Fargo beat Wall Street’s earnings estimates. Analysts polled by Thomson Financial estimated that the bank would earn just 57 cents per share."
Check out this article from Forbes on how Wells Fargo has done in this economy.
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