• Wells Fargo reports increase in 3rd quarter earnings


    CHARLOTTE, N.C. - Wells Fargo released its third-quarter earnings on Friday, which shows a slight increase.

    The bank is reporting net income of $4.9 billion.

    The bank reported second-quarter earnings of $4.4 billion.

    The new earnings are also a bump from the third quarter in 2011, which was reported as $4.1 billion.

    The bank said loans and deposits are up.

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