Wells Tumbles As Revenues Plunge, NIM Hits Record Low, Warns On Payment Deferrals
October 14, 2020 at 12:10 PM EDT
Wells reported Q3 EPS of just $0.42, down more than 50% from the 0.92 a year ago, and missing expectations of $0.45 even as Revenue of $18.862BN beat estimates of $18.0BN, but plunged 14% from $22BN a year ago.
