Financial News

Wells Tumbles As Revenues Plunge, NIM Hits Record Low, Warns On Payment Deferrals

Wells reported Q3 EPS of just $0.42, down more than 50% from the 0.92 a year ago, and missing expectations of $0.45 even as Revenue of $18.862BN beat estimates of $18.0BN, but plunged 14% from $22BN a year ago.
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