Wells Fargo & Co (WFC) revealed a profit for its third quarter that advanced from last year.
The company's profit came in at $5.12 billion, or $1.17 per share. This compares with $3.22 billion, or $0.70 per share, in last year's third quarter.
The company's revenue for the quarter fell 2.5% to $18.83 billion from $19.32 billion last year.
Wells Fargo & Co earnings at a glance:
-Earnings (Q3): $5.12 Bln. vs. $3.22 Bln. last year.-EPS (Q3): $1.17 vs. $0.70 last year.-Revenue (Q3): $18.83 Bln vs. $19.32 Bln last year.
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December 26, 2025 08:42 ET Third quarter economic growth data from some major economies including the U.S. were the main news in this holiday shortened week. GDP growth and industrial production data from the U.S. helped to boost morale, while the consumer confidence survey results were less upbeat. In Europe, the quarterly economic growth data from the U.K. drew attention, while the minutes of the Australian central bank’s latest policy session was in focus in Asia.