Wells Fargo profit rises on lower bad loan provisions
ReutersJul 15, 2025 10:47 AM
July 15 (Reuters) - Wells Fargo's WFC.N profit rose in the second quarter as it set aside less money to shield for potential bad loans.
The fourth-largest U.S. lender's net income was $5.49 billion, or $1.60 a share, in the three months ended June 30, it said on Tuesday. That compares with $4.91 billion, or $1.33 a share, a year earlier.
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