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
  • US home sales rebound slightly in FebruaryUS home sales rebound slightly in February
    U.S. home sales picked up slightly in February but remain sluggish due to tight inventories, affordability problems and nasty winter weather. More
  • 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
ASK NEWS:
  • Capitals advance after Game 6 win over the Flyers - SI.com
    Caps blank Flyers, win series in six - ESPN.com
    04/24/2016 - 11:58 am | View Link
  • Better Buy: Wells Fargo & Company vs. JPMorgan Chase - FOXBusiness.com
    Better Buy: Wells Fargo & Company vs. JPMorgan Chase - Motley Fool
    04/24/2016 - 11:18 am | View Link
  • Capitals’ defense brings Flyers’ season to a close - Washington Post
    He skated toward the home bench at Wells Fargo Center and began repeatedly banging the butt of his hockey stick against his head.
    04/24/2016 - 7:04 am | View Link
  • Flyers and Capitals turning up the hate - ESPN.com
    Philadelphia will try to knot the series at 3-3 when puck drops at noon on Sunday at Wells Fargo Center in Philadelphia.
    04/23/2016 - 5:21 am | View Link
  • Olin to Attend the Wells Fargo and Goldman Sachs Conferences in May - Bloomberg
    Olin to Attend the Wells Fargo and Goldman Sachs Conferences in May - Yahoo! Singapore
    04/22/2016 - 1:06 pm | View Link
  • More
BING NEWS:
  • Wells Fargo CDF Announces Financing Extension With Briggs & Stratton
    Wells Fargo Commercial Distribution Finance (CDF) has extended its inventory financing program with Briggs & Stratton Power Products Group, a wholly owned subsidiary of Briggs & Stratton Corp, the world’s largest producer of gasoline engines for outdoor ...
    04/28/2016 - 1:17 am | View Link
  • Wells Fargo (WFC) Earns Buy Rating from Nomura
    Nomura restated their buy rating on shares of Wells Fargo (NYSE:WFC) in a research note published on Monday morning, MarketBeat reports. They currently have a $58.00 price target on the financial services provider’s stock, down from their previous price ...
    04/28/2016 - 12:37 am | View Link
  • Wells Fargo (WFC) – Analysts’ Recent Ratings Updates
    Wells Fargo (NYSE:WFC) opened at 50.93 on Thursday. Wells Fargo has a 52 week low of $44.50 and a 52 week high of $58.77. The company has a market cap of $258.56 billion and a P/E ratio of 12.36. The company has a 50-day moving average of $49.15 and a 200 ...
    04/27/2016 - 11:48 pm | View Link
  • David M. Carroll Sells 62,300 Shares of Wells Fargo (WFC) Stock
    Wells Fargo (NYSE:WFC) VP David M. Carroll sold 62,300 shares of Wells Fargo stock in a transaction dated Friday, April 22nd. The shares were sold at an average price of $50.28, for a total transaction of $3,132,444.00. The sale was disclosed in a legal ...
    04/27/2016 - 9:35 pm | View Link
  • Investors Sell Wells Fargo (WFC) on Strength Following Insider Selling
    Investors sold shares of Wells Fargo (NYSE:WFC) on strength during trading on Wednesday after an insider sold shares in the company, ARN reports. $80.03 million flowed into the stock on the tick-up and $188.01 million flowed out of the stock on the tick ...
    04/27/2016 - 8:51 pm | View Link
  • More
BING SEARCH:
  • Wells Fargo
    Wells Fargo is a provider of banking, mortgage, investing, credit card, insurance, and consumer and commercial financial services.
    04/25/2016 - 1:43 pm | View Website
  • Wells Fargo Sign On
    Welcome to your online resource for information about Wells Fargo investment management and trust accounts. Enjoy the ease and convenience of accessing information on ...
    04/24/2016 - 9:58 pm | View Website
  • Wells Fargo
    Wells Fargo & Company is an American multinational banking and financial services holding company headquartered in San Francisco, California, with "hubquarters ...
    04/24/2016 - 2:13 pm | View Website
  • Investing Services, Financial Advisors | Wells Fargo Advisors
    Wells Fargo Advisors provides a full range of investing services and financial solutions. Visit WellsFargoAdvisors.com to consult a Financial Advisor today.
    04/24/2016 - 6:21 am | 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.
    04/24/2016 - 6:06 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