April 10, Wells Fargo Bank, said profit in the first quarter up to three billion U.S. dollars, hitting a record high in the first quarter, easily exceeded analyst expectations, so that the bank reported fiscal quarter of the beginning of exciting.
Wells Fargo Bank, said net profit in the first quarter is expected to reach three billion U.S. dollars, hitting a record high in the first quarter and much better than the same quarter last year, two billion U.S. dollars, 55 cents earnings per share, but also easily exceed 23 per share analysts expected the United States at a surplus.
Pick-up due to housing loans, the interest rate has been reduced to an average of 5 percent below the previous quarter housing loans reached 100 billion U.S. dollars and is expected to remain strong this season, the nation's second-largest lender industry proud to write the first quarter profit results.
Apr. 10, 2009
