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 earnings: $1.07 a share, vs $1.01 EPS expected
    Wells Fargo easily beat Wall Street expectations with second-quarter earnings of $1.07 per share though revenue appeared light, and shares fell. The report comes just a day after Fed Chair Janet Yellen said regulators continue to look into the bank's cross ...
    07/15/2017 - 6:08 pm | View Link
  • Ex-Wells Fargo trader wins appeal in SEC insider trading case
    (Reuters) - The U.S. Securities and Exchange Commission has affirmed the dismissal of an administrative case against a former Wells Fargo & Co trader after two commissioners split on whether the evidence proved he engaged in insider trading. The ruling on ...
    07/15/2017 - 5:12 pm | View Link
  • Insider Trading at Wells Fargo & Company?
    Wells Fargo & Company (NYSE:WFC) last issued its earnings results on Friday, July 14th. On Tuesday, May 16 the insider Hardison Hope A. sold $1.04 million. Norges Bank purchased a new position in Wells Fargo & Company during the fourth quarter worth ...
    07/15/2017 - 4:22 pm | View Link
  • Allen Iverson at Wells Fargo to give 'that flashback'
    There is no bait and switch here. What they’re selling, they’ll tell you, is what it will be. Ice Cube’s BIG3 3-on-3 tour hits Philadelphia Sunday evening and while there are several dozen former NBA players hitting the court, the last of four ...
    07/15/2017 - 11:58 am | View Link
  • Wells Fargo's profit rises along with interest rates
    Wells Fargo & Co. said Friday its profit edged up in the second quarter as the bank got a boost from rising interest rates and the planned sale of its insurance service business. The San Francisco-based bank said its profit grew 5% to $5.8 billion, or $1 ...
    07/14/2017 - 7:56 pm | View Link
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  • WFC Stock Price
    Wells Fargo & Co. stock price, stock quotes and financial overviews from MarketWatch.
    07/12/2017 - 3:32 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.
    07/12/2017 - 3:25 am | View Website
  • Wells Fargo
    Wells Fargo is a provider of banking, mortgage, investing, credit card, insurance, and consumer and commercial financial services.
    07/11/2017 - 10:28 am | View Website
  • eServices Sign On
    You are leaving Wells Fargo Dealer Services and entering a website that Wells Fargo Dealer Services does not control. Wells Fargo Dealer Services has provided this ...
    07/11/2017 - 7:36 am | View Website
  • Forgot Password/Username? – Wells Fargo
    If you are an existing Wells Fargo Online customer: Go to Create New Password. Enter the requested information. We’ll display your username and ask you to create a ...
    07/10/2017 - 8:24 pm | View Website
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