Wells Fargo profit rises on robust loan growth, interest income
Wells Fargo profit rises on robust loan growth, interest income Oct 13 (Reuters) - Wells Fargo WFC.N posted an increase in third-quarter profit on Tuesday, helped by growth in its loan book and higher interest income.
The fourth-largest US lender reported net income of $5.95 billion, or $1.87 per share, for the three months ended September 30, compared with $5.59 billion, or $1.66 per share, in the year-ago period.
(Reporting by Utkarsh Shetti in Bengaluru; Editing by Sriraj Kalluvila)
Recent news on Goldman Sachs group
See all newsMetals: Copper falls as inventories rise, supply worries ease; nickel climbs
Metals: Copper slips despite record European premiums
Metals: Copper holds despite record European premiums
Goldman says high freight costs pose upside risk to its Brent forecast
J.P. Morgan Sec PLC State of Kuwait(MoF) - Stabilisation Notice