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:
  • New York’s Appellate Division upholds bad faith $300K sanction on ... - Examiner.com
    ... from the appeal by Wells Fargo of an order issued by Judge Leon Ruchelsman on December 19, 2011 where the Judge found that Wells Fargo had...
    08/3/2014 - 1:33 pm | View Link
  • Wells Fargo ramp, Salter Building in Duluth to come down starting ... - Northland's NewsCenter
    ... at 10:52 PM CDT Duluth, MN (NNCNOW.com) - The long–awaited demolition of the Salter Building and the Wells Fargo parking ramp, in downtown ...
    08/3/2014 - 12:26 pm | View Link
  • Something About The American Energy Boom Story Doesn't Make Sense - Yahoo! Finance
    Something About The American Energy Boom Story Doesn't Make Sense - Business Insider
    08/3/2014 - 6:29 am | View Link
  • Wells Fargo takes retail out of game plan for China - South China Morning Post
    ... on where your competitive advantages are Richard Yorke, Wells Fargo Yorke has witnessed the entire run. Before joining Wells Fargo in 2010, he...
    08/3/2014 - 4:28 am | View Link
  • Wells Fargo Narrows Gap to Aussie Banks in Down Under Bond Sale - Bloomberg
    Wells Fargo Narrows Gap to Aussie Banks in Down Under Bond Sale - BusinessWeek
    08/1/2014 - 3:17 pm | View Link
  • More
BING NEWS:
  • Today’s Mortgage Rates: Wells Fargo Fixed, ARM and FHA Refinance Mortgage Rates for August 31
    California-based major financial institution, Wells Fargo (NYSE: WFC), updated its mortgage information for August 31, 2014. Take note, that the interest rate quotes are given presuming the borrower has strong credit status and that he is ready to pay 1.00 ...
    08/31/2014 - 4:53 am | View Link
  • Current Mortgage Rates Today: FHA Refinance Rates and Conventional Loans at Wells Fargo for August 31
    Wells Fargo (NYSE:WFC), which is headquartered in San Francisco, CA, updated its home purchase and refinance loan information for Sunday, August 31, which is discussed below. Wells Fargo offers excellent mortgage rates under both its home purchase and ...
    08/31/2014 - 4:51 am | View Link
  • Wells Fargo Donates $50K To Napa's Red Cross For Earthquake Relief
    Announcement from Wells Fargo & Co.: Wells Fargo & Company said today the company will donate $50,000 to the American Red Cross of Napa County for relief efforts to support those impacted by the 6.0-magnitude South Napa Earthquake. Additionally, from today ...
    08/31/2014 - 1:31 am | View Link
  • Wells Fargo may get windfall with Lending Club IPO
    Wells Fargo will be the biggest winner when Lending Club - its friend and foe - goes public. The bank, through its venture capital arm, is the biggest investor in Lending Club, a peer-to-peer lender based in San Francisco. Lending Club also does its ...
    08/29/2014 - 2:01 pm | View Link
  • How Wells Fargo continues to expand in Nashville
    Wells Fargo’s 2008 acquisition of Wachovia immediately boosted the bank’s presence in Nashville. It brought visibility with old Wachovia branches sporting Wells’ iconic horse-drawn carriage logos instead, and the bank’s local employee count doubled ...
    08/29/2014 - 1:06 pm | View Link
  • More
BING SEARCH:
  • 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.
    08/28/2014 - 4:28 am | View Link
  • WFC: Summary for Wells Fargo & Company Common St- Yahoo ...
    View the basic WFC stock chart on Yahoo! Finance. Change the date range, chart type and compare Wells Fargo & Company Common St against other companies.
    08/27/2014 - 11:20 pm | View Link
  • Blogs and Social Media
    Second in a series of blog posts about the original five businesses featured in the Wells Fargo Works Project webisodes, Kelly Lester describes how the experience ...
    08/27/2014 - 7:31 pm | View Link
  • Wachovia Is Now Wells Fargo – Wells Fargo
    Wachovia Corporation is now Wells Fargo, and all Wachovia accounts have moved to Wells Fargo.
    08/27/2014 - 5:00 pm | View Link
  • Wells Fargo
    Wells Fargo & Company is an American multinational banking and financial services holding company which is headquartered in San Francisco, California, with ...
    08/27/2014 - 9:58 am | View Link
  • 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