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.

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Topics:  banks   credit cards   economy   mortgage   profit   u.s. economy   wells fargo   
  • US 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 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'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
  • Wells Fargo Introduces Money withdrawal using Smartphone at their ATMs in the U.S.
    Smartphones are slowly becoming mainstream as we witness more revolutionary technological advancements in this field. Smartphones are already taking over as a primary device in most fields including banking, etc. We can now simply just use our smartphones ...
    03/26/2017 - 7:33 pm | View Link
  • We’re building a better Wells Fargo
    You’ve likely heard about our recent settlements involving Wells Fargo's opening of unauthorized accounts and services for some of our customers. We are deeply committed to serving you and your financial needs—and simply put—we did not live up to ...
    03/26/2017 - 6:51 pm | View Link
  • Analyst Activity – Wells Fargo & Co Reiterates Hold on American International Group (NYSE:AIG)
    Today, Wells Fargo & Co reiterated its Hold rating on American International Group (NYSE:AIG). There are 1 sell rating, 4 hold ratings, 15 buy ratings, 1 strong buy rating on the stock. The current consensus rating on American International Group (NYSE:AIG ...
    03/26/2017 - 6:06 pm | View Link
  • Residents Organize Clean-Up of Foreclosed & Vacant Wells Fargo-Owned Homes to Draw Attention to Bank’s Negative Impact on Communities
    NEWARK, NJ – Following the recent legislative action by East Orange in response to Well Fargo mishandling of foreclosed properties, residents in Newark’s West Ward mobilized a neighborhood clean-up this weekend sponsored by NJ Communities United.
    03/26/2017 - 11:09 am | View Link
  • Nations Financial Group Inc. IA ADV Sells 3,668 Shares of Wells Fargo & Co (WFC)
    Nations Financial Group Inc. IA ADV cut its position in Wells Fargo & Co (NYSE:WFC) by 50.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,657 shares of the financial services provider ...
    03/26/2017 - 1:37 am | View Link
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  • WFC Stock Price & News
    Wells Fargo & Co. Stock - WFC news, historical stock charts, analyst ratings, financials, and today’s Wells Fargo & Co. stock price.
    03/22/2017 - 11:07 am | View Website
  • Wells Fargo & Company
    News about Wells Fargo & Company. Commentary and archival information about Wells Fargo & Company from The New York Times.
    03/22/2017 - 2:31 am | View Website
  • Wells Fargo (@WellsFargo) | Twitter
    Wells Fargo Verified account @ WellsFargo. Welcome to our Twitter page! Here we provide financial education, community news and more. For customer service, please ...
    03/21/2017 - 6:53 pm | View Website
  • Online Banking
    Manage your banking online or via your mobile device at wellsfargo.com. With Wells Fargo Online® Banking, access your checking, savings and other accounts, pay bills ...
    03/21/2017 - 6:00 am | View Website
  • Wells Fargo
    Wells Fargo is a provider of banking, mortgage, investing, credit card, insurance, and consumer and commercial financial services.
    03/20/2017 - 8:32 am | View Website
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