Wells Fargo expects $3B first quarter gain

来源:百度文库 编辑:超级军网 时间:2024/05/02 16:02:39
san francisco ugg berlin,  april 9 (upi) -- u.s. bank wells fargo & co. said thursday it expected to post a record first quarter profit of $3 billion, due in part to its purchase of wachovia corp.
the news release puts wells fargo in the same company as citigroup inc. ugg deutschland, which projected a strong first quarter earlier this year.
in a statement deutschlanduggstiefel, wells fargo chief executive officer john strumpf said "our business momentum is strong and we expect our operating margins to remain at the top of our peer group."
the bank expects first quarter results to include $20 billion in revenue botastiendas, "including another quarter of double-digit revenue growth at legacy wells fargo cheapbootssalestore," the statement said.
the pre-tax profit for the quarter was expected to reach $9.2 billion ugg tiendas, the company said.
its purchase of wachovia added 40 percent to its combined revenue and gave the bank "above-peer revenue growth ugg boots, particularly during difficult economic times like these ugg espa?a," chief financial officer howard atkins said.
"wachovia's outstanding franchise has proven to be everything we though it would be when we announced this acquisition ugg boots america," strumpf said. "and the financial contribution from wachovia exceeded our expectations in the first quarter."related articles:

  
   myface/index.php?do=/blog/43430/five-dead-in-collision-in-england/
  
   jiandancha/doc-view-833.html
  
   stashbook/members/homesan francisco ugg berlin,  april 9 (upi) -- u.s. bank wells fargo & co. said thursday it expected to post a record first quarter profit of $3 billion, due in part to its purchase of wachovia corp.
the news release puts wells fargo in the same company as citigroup inc. ugg deutschland, which projected a strong first quarter earlier this year.
in a statement deutschlanduggstiefel, wells fargo chief executive officer john strumpf said "our business momentum is strong and we expect our operating margins to remain at the top of our peer group."
the bank expects first quarter results to include $20 billion in revenue botastiendas, "including another quarter of double-digit revenue growth at legacy wells fargo cheapbootssalestore," the statement said.
the pre-tax profit for the quarter was expected to reach $9.2 billion ugg tiendas, the company said.
its purchase of wachovia added 40 percent to its combined revenue and gave the bank "above-peer revenue growth ugg boots, particularly during difficult economic times like these ugg espa?a," chief financial officer howard atkins said.
"wachovia's outstanding franchise has proven to be everything we though it would be when we announced this acquisition ugg boots america," strumpf said. "and the financial contribution from wachovia exceeded our expectations in the first quarter."related articles:

  
   myface/index.php?do=/blog/43430/five-dead-in-collision-in-england/
  
   jiandancha/doc-view-833.html
  
   stashbook/members/home