U.S. banking giant Wells Fargo beat Wall Street’s revenue and earnings predictions during its third financial quarter, the company revealed in a report Friday.
Wells Fargo reportedly pulled in $1.48 earnings per share in Q3, up from analysts’ $1.24 expectations.
The bank also pulled in $20.9 billion during the quarter compared to $20.1 billion estimates, a figure up 6.5% year-over-year.
Wells Fargo shares rose 3.1% Friday following the report.
