Wells Fargo Q2 diluted EPS 1.33 usd vs 1.25
Q2 total revenue 20.689 bln usd vs 20.533 bln (Il Sole 24 Ore Radiocor) - New York, 12 Jul - The US bank Wells Fargo said that in the second quarter net income slipped to 4.910 billion dollars from 4.938 billion a year earlier but diluted earnings per common share increased to 1.33 dollars from 1.25.
Total revenue rose to 20.689 billion dollars from 20.533 billion.
The common equity tier one ratio improved to 11.0% from 10.7%.
Wells Fargo said that the third quarter common stock dividend is expected to be 0.40 dollars per share, up from 0.35 dollars per share, subject to approval by the board of directors at its regularly scheduled meeting in July.
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(RADIOCOR) 12-07-24 13:36:16 (0317) 5 NNNN