10:15 ET -- Wells Fargo & Co. is one of the most mentioned companies in the U.S. across all news items in the last 12 hours, according to Factiva data. The bank said Friday that its first-quarter results beat its net income and revenue targets. Profit rose to $4.99 billion, or $1.23 a share, from $3.79 billion, or 91 cents a share, in the year-ago period. Revenue grew to $20.73 billion from $17.73 billion a year ago. Wells Fargo was expected to earn $1.13 a share on revenue of $20.09 billion in the first quarter, according to estimates compiled by FactSet. Dow Jones & Co. owns Factiva. (chris.wack@wsj.com)

 

(END) Dow Jones Newswires

April 14, 2023 10:34 ET (14:34 GMT)

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