Wells Fargo Profit Up 17%

The nation's largest mortgage lender said revenue from mortgage banking jumped almost 80% and consumers borrowed more on their credit cards. But it called the economic recovery uneven.

Sections:  news   business   
Topics:  banks   credit cards   economy   mortgage   profit   u.s. economy   wells fargo   
RELATED ARTICLES
  • Dollar rises above 100 yen for 1st time in 4 years
    The dollar has risen above 100 yen for the first time in more than four years as currency traders persist in selling the Japanese currency in reaction to Tokyo's aggressive credit-easing moves. More
  • Obama to open middle-class jobs, opportunity tourObama to open middle-class jobs, opportunity tour
    Aiming to show he's still focused on creating jobs, President Barack Obama is beginning a series of quick trips around the country to resurrect ideas from his State of the Union address that became overshadowed by the intense debates over gun control, immigration and automatic spending cuts. More
  • Retailers report modest gains for April
    Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
  • US home building is surging, but job growth isn'tUS home building is surging, but job growth isn't
    The resurgent U.S. housing market has sent builders calling again for Richard Vap, who owns a drywall installation company. Vap would love to help - if he could hire enough qualified people. "There is a shortage of manpower," says Vap, owner of South Valley Drywall in Littleton, Colo. More
  • US casino revenue up nearly 5 percent in 2012US casino revenue up nearly 5 percent in 2012
    Things are looking up for most of the nation’s commercial casinos, as gambling revenue increased by nearly 5 percent last year and jobs held roughly steady. According to the annual survey of casinos by the American Gaming Association, America’s nontribal casinos took in $37.3 billion from gamblers last year, an increase of 4.8 percent over 2011. More
ASK NEWS:
  • Wells Fargo (WFC) Drives Growth on Cost Containment - Yahoo! Finance
    ... we issued an updated research report on Wells Fargo & Company ( WFC ). This regional bank recently reported impressive second-quarter 2014 ...
    09/2/2014 - 10:46 am | View Link
  • USHCC to Honor Nancy Pelosi with “Excellence in Leadership ... - Morningstar.com
    USHCC to Honor Nancy Pelosi with “Excellence in Leadership ... - Minyanville
    09/2/2014 - 9:13 am | View Link
  • High health deductibles weigh down more workers NYT - CNBC
    High deductibles weigh on more workers - CNBC
    09/2/2014 - 8:58 am | View Link
  • Cole Corporate Income Trust and Select Income REIT enter into $3.1 ... - Reuters UK
    Cole Corporate Income Trust and Select Income REIT Enter into $3.1 ... - WTen.com
    09/2/2014 - 8:32 am | View Link
  • Overview: What you need to know about banking risks - Yahoo! Finance
    This is applicable to full-service banks like JPMorgan (JPM), traditional banks like Wells Fargo (WFC), investment banks like Goldman Sachs...
    09/1/2014 - 11:42 am | View Link
  • More
BING NEWS:
  • Wells Fargo could raise the bar in Oklahoma City
    Wells Fargo drivers still carry whips, they know how to use them — and they’re taking them to the Whiskey Chicks. Boy, that sounds bad. Maybe Wells Fargo, whose historic image still starts with a stagecoach, has a point. Wells Fargo is not in the ...
    09/20/2014 - 10:06 pm | View Link
  • Lewis joins Wells Fargo
    CARBONDALE -- Melissa Lewis has joined the Carbondale branch of Wells Fargo Advisors. She is participating in the firm's financial advisor training program. A graduate of Illinois Benedictine College with a degree in business administration, Lewis has 18 ...
    09/20/2014 - 7:16 pm | View Link
  • Camp Canadensis donates food, Wells Fargo $2K to help evac center
    get home due to road closures, said Barrett Act Fire Chief Grover Cleveland. The evacuation center is set up because of the search in Barrett Township for suspect state police killer Eric Frein. State police in the last 40 minutes issued another alert for ...
    09/20/2014 - 5:55 pm | View Link
  • Gunman robs Wells Fargo bank in Denver
    DENVER — An armed robber stole an undisclosed amount of cash from a Denver bank Saturday afternoon, the Denver Police Department said. A gunman entered a Wells Fargo branch in the 7800 block of East Hampden Avenue about 12:20 p.m. and robbed the bank ...
    09/20/2014 - 3:45 pm | View Link
  • BooneOakley lands Wells Fargo Championship advertising
    Charlotte-based advertising agency BooneOakley will represent the company that operates the Wells Fargo Championship, the group said Friday. BooneOakley, which also represents such clients as Bojangles' and Autobell Car Wash, replaces Luquire George ...
    09/20/2014 - 9:20 am | View Link
  • More
BING SEARCH:
  • Wells Fargo
    Wells Fargo & Company is an American multinational banking and financial services holding company which is headquartered in San Francisco, California, with ...
    09/19/2014 - 8:37 pm | View Website
  • WFC Stock Price & News
    Wells Fargo & Co. Stock - WFC news, historical stock charts, analyst ratings, financials, and today’s Wells Fargo & Co. stock price.
    09/19/2014 - 12:58 pm | View Website
  • Wells Fargo Student Loans and Banking
    Make no payments while in school with a flexible student loan from Wells Fargo. Fund up to the cost of your education.
    09/19/2014 - 12:51 pm | View Website
  • Welcome to Wells Fargo Advantage Funds
    Wells Fargo Advantage Funds is one of the nation's largest providers of mutual funds. View our entire fund lineup as well as investment news for the individual investor.
    09/19/2014 - 9:52 am | View Website
  • Wells Fargo
    To sign on to our mobile website, wf.com, you must first enable cookies. If your mobile device doesn't support cookies, visit wellsfargo.com/textbanking via your ...
    09/19/2014 - 9:09 am | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News