Trending FOX BUSINESS News: Wells Fargo overcomes pandemic, fake-account fallout in return to profitability

Wells Fargo overcomes pandemic, fake-account fallout in return to profitability


The San Francisco-based lender earned $2.04 billion, or 42 cents per share, missing the 45 cents that Wall Street analysts surveyed by Refinitiv were expecting. The results were an improvement from last quarter’s $2.38 billion loss, but marked a 56% decline from the $4.61 billion earned a year ago.