On Friday, Wells Fargo and Bank of America released Q3 2017 financial results. Wells Fargo’s revenue dropped 2 percent—to $21.9 billion—compared to third quarter 2016. The bank noted that Q3 2017 included a discrete litigation cost of $1 billion for “previously disclosed mortgage-related regulatory investigations.” Noninterest income was $9.5 billion, compared with $9.7 billion in Q2 …
The post Wells Fargo and BofA: Q3 2017 Results Revealed appeared first on DSNews.
Source: DS News