Monday, October 16, 2017

Wells Fargo's Shrinking Loan Portfolio, Swelling Expense Ratio Remain A Drag On Earnings

Wells Fargo reported underwhelming results for the third quarter of the year late last week, as the third-largest U.S. bank in terms of assets missed revenue expectations and barely met earnings expectations as it continues to reel under the effect of a series of sales-related scandals.

from Forbes Real Time https://www.forbes.com/sites/greatspeculations/2017/10/16/wells-fargos-shrinking-loan-portfolio-swelling-expense-ratio-remain-a-drag-on-earnings/
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