Wells Fargo shares fall as quarterly revenue misses estimates, bank says credit losses to increase - CNBC


4/14/2022 12:00:00 AM3 yearsago
by Hannah Miao, Hugh Son

Wells Fargo on Thursday reported lower-than-expected first-quarter revenue amid a drop in mortgage lending.

Wells Fargo on Thursday reported lower-than-expected first-quarter revenue amid a drop in mortgage lending, but beat earnings expectations as the bank decreased its credit reserves. Shares fell more… [+3652 chars]

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