Wells Fargo shares surged on Tuesday after the bank reported better-than-expected third-quarter results and raised a key financial return target, signaling confidence in the years ahead. Total revenue for the three months ending Sept. 30 increased 5.3% year over year to $21.44 billion, beating analysts’ expectations of $21.15 billion, according to market data provider LSEG. Earnings per share (EPS) of …
Read More »Wells Fargo quiets the skeptics with strong earnings and a reinvigorated outlook
