welcome
CNBC

CNBC

Business

Business & Economics

Wells Fargo posts lower earnings and revenue amid an 11% decline in net interest income

CNBC
Summary
Nutrition label

81% Informative

Wells Fargo posted $11.69 billion in net interest income, a key measure of what a bank makes on lending.

Net interest income fell 11% from the same quarter last year .

Wells repurchased $3.5 billion of common stock in the third quarter , bringing the nine-month total to over $15 billion .

VR Score

93

Informative language

99

Neutral language

80

Article tone

semi-formal

Language

English

Language complexity

36

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links