Wells Fargo reported this Friday that it had net income of US$ 5.75 billion in the fourth quarter of 2021, 86% higher than the gain of US$ 3.09 billion recorded in the same period of 2020. The result is equivalent to earnings per share of $1.38, above the forecast of analysts polled by FactSet of $1.11.
The American bank’s revenue was US$ 20.86 billion between October and December, 13% higher than in the same period of the previous year.
The number also surpassed the FactSet consensus of $18.79 billion.
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