Wells Fargo Tops Profit Estimates, Raises Return Target

Wells Fargo lifts profitability target after beating quarterly profit forecasts

Lender pursues growth after the Federal Reserve removes asset cap imposed on the bank

Wells Fargo tops profit estimates, raises return target after asset cap lifted

Wells Fargo raised its closely watched profitability target after regulators removed an asset cap on the bank, paving the way for it to pursue growth.

Wells Fargo tops profit estimates, raises return target

Wells Fargo has today beaten Wall Street estimates for third-quarter profit and raised its closely watched profitability target after regulators removed an asset cap imposed on the bank, paving the way for it to pursue growth.

Wells Fargo Boosts Key Profitability Metric as Asset Cap Removed

Wells Fargo & Co. raised a key profitability metric, giving its first major update about the bank’s next growth target after the removal of regulatory restraints it had operated under for more than seven years.

Wells Fargo beats earnings expectations and raises return target after lifting asset cap

Wells Fargo on Tuesday, Wall Street beat third-quarter profit estimates and raised its closely watched profitability target after regulators lifted an asset limit imposed on the bank, paving the way for it to pursue growth. The U.S. Federal Reserve lifted the lender's seven-year $1.95 trillion asset cap in June, drawing a line under the fake […]