Wells Fargo posts record quarterly profit, revs disappoint; shares down 3.3 percent

Wells Fargo posts record quarterly profit, revs disappoint
Reuters
Wells Fargo & Co (WFC.N) reported record quarterly profit on Friday on a surge in mortgage lending, but revenue and a key banking measure fell short of analysts' estimates, sending shares down 3.3 percent.

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JPMorgan, Wells Fargo post record 3Q results
USA TODAY
Wells Fargo, the nation's biggest mortgage lender, posted record earnings in the third quarter. The bank increased mortgage lending and pocketed more fees.