Comment on Wells Fargo 2Q profit rises, helped by loan growth

Wells Fargo 2Q profit rises, helped by loan growth

Wells Fargo says its second-quarter profit rose 3 percent, bolstered by loan growth, higher deposit balances and improved credit quality. The nation's largest mortgage lender said Friday that net income after taking out dividends on preferred stock was $5.42 billion, or $1.01 per share, for the period ended June 30.

 

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