Wells Fargo Reports Slower Q2 Consumer Banking Growth and Stronger Commercial Activity

In its second-quarter report, Wells Fargo showed slower growth in consumer banking while commercial activity increased. The bank reported higher-than-expected interest income and lower provisions, contributing to a better-than-forecast GAAP EPS of $2.00.

By Arundhati Sarkar, SA News Editor · Seeking Alpha ·

Wells Fargo Reports Slower Q2 Consumer Banking Growth and Stronger Commercial Activity

Tickers: $WFC $WFC PRD

Topics: banking eps_beat financials

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