Economy

April 22, 2009

Wells Fargo reports $2.4 billion first quarter profit

Wells Fargo & Co. reported this morning that it made $2.4 billion in the first quarter, a huge turnaround from the loss it suffered in the previous earnings period. Those earnings are measured after the bank paid $661 million in dividends on preferred shares, more than half of which went to the U.S. government.

Related content

Comments

Editor's Choice Videos