Wells Fargo profit rises on wealth management strength
ReutersApr 11, 2025 10:47 AM
April 11 (Reuters) - Wells Fargo's WFC.N profit rose in the first quarter driven by robust performance in its wealth management business.
The fourth-largest U.S. lender's net income rose to $4.89 billion, or $1.39 per share, it said on Friday. That compares with $4.62 billion, or $1.20 per share, a year earlier.
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