Major Banks Release Q3 Earnings and Key Metric Analysis
WFC Wells Fargo & Co
$85.80 +0.05%
View chart & analysis → - 1JPMorgan Chase, Bank of America, and Wells Fargo have released their third-quarter earnings.
- 2Wells Fargo's third-quarter revenue recorded an amount slightly below Wells Fargo's third-quarter revenue of approximately $21.9 billion.
- 3There are five key metrics that determine bank performance, including interest income which accounts for slightly more than half of Bank of America's third-quarter profit.
So what's the key point?
JPMorgan Chase, Bank of America, and Wells Fargo have released their third-quarter results. Wells Fargo's revenue was slightly less than $21.9 billion, and interest income is important for Bank of America.
Source The Motley Fool +1 · View original ↗
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