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Wells Fargo Earnings Pressured by Low Interest Rates
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Wells Fargo earned $2 billion, or $0.42 per share, in the three months ended Sept. 30. That was less than half of its $4.6 billion profit in the same period last year, though it was up substantially from the second quarter of this year, when the bank reported a $2.4 billion net loss.
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https://www.fool.com/investing/2020/10/1...erest-rat/
![[Bild: WFCc1dl1535.png]](https://finviz.com/publish/101620/WFCc1dl1535.png)
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Wells Fargo earned $2 billion, or $0.42 per share, in the three months ended Sept. 30. That was less than half of its $4.6 billion profit in the same period last year, though it was up substantially from the second quarter of this year, when the bank reported a $2.4 billion net loss.
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https://www.fool.com/investing/2020/10/1...erest-rat/
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