|
发表于 2014-7-11 07:06 AM
|
显示全部楼层
Here's the release:
WELLS FARGO REPORTS $5.7 BILLION IN NET INCOME
Diluted EPS of $1.01, Up 3 Percent From Prior Year
 Continued strong financial results:
o Net income of $5.7 billion, up 4 percent from second quarter 2013
o Diluted earnings per share (EPS) of $1.01, up 3 percent
o Revenue of $21.1 billion, compared with $21.4 billion
o Linked-quarter revenue up $441 million
o Noninterest expense of $12.2 billion, down $61 million
o Return on assets (ROA) of 1.47 percent and return on equity (ROE) of 13.40 percent
 Strong loan and deposit growth:
o Total average loans of $831.0 billion, up $32.7 billion, or 4 percent, from second quarter 20131
o Quarter-end loans of $828.9 billion, up $29.1 billion, or 4 percent
1
o Quarter-end core loans of $763.6 billion, up $51.3 billion, or 7 percent
1,2
o Total average deposits of $1.1 trillion, up $91.7 billion, or 9 percent
 Continued improvement in credit quality:
o Net charge-offs of $717 million, down $435 million from second quarter 2013
o Net charge-off rate of 0.35 percent (annualized), down from 0.58 percent
o Nonperforming assets down $3.0 billion, or 14 percent
o $500 million reserve release
3 due to improvements in credit performance
 Higher return to shareholders while maintaining strong capital levels
4
:
o Increased quarterly common stock dividend to $0.35 per share from $0.30, or 17 percent, in the
second quarter
o Period-end common shares outstanding down 15.8 million in second quarter on 39.4 million of
purchases
o Also entered into a forward repurchase transaction for an additional estimated 19.4 million
shares expected to settle in third quarter 2014
o Common Equity Tier 1 ratio under Basel III (General Approach) of 11.31 percent at June 30, 2014
o Common Equity Tier 1 ratio under Basel III (Advanced Approach, fully phased-in) of 10.09 percent
Read more: http://www.businessinsider.com/w ... 014-7#ixzz37A2xMnTv |
评分
-
1
查看全部评分
-
|