Wells Fargo & Company (NYSE: WFC) reported third quarter 2022 earnings results today.
Total revenue increased 4% year-over-year to $19.5 billion.
Net income decreased 31% to $3.5 billion while EPS fell 27% to $0.85 compared to last year.
The top line beat expectations while the bottom line fell short of estimates.
Average assets at quarter-end stood at $1.88 trillion.
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