(Reuters) – Wells Fargo & Co reported an 18.6 percent decline in quarterly profit on Friday, hurt by previously disclosed legal costs and a slump in mortgage banking income.
Net income fell to $4.60 billion, or 84 cents per share for the quarter ended Sept. 30, from $5.64 billion, or $1.03 per share, in the same quarter of 2016.
0 other people are viewing this story
Wake Up To Breaking News!
Millions in tribute, but not a penny left for charity.