Wells Fargo profit climbs on rising interest income

Reuters

01/14

<a href="https://laohu8.com/S/EOD">Wells Fargo</a> profit climbs on rising interest income

Jan 14 (Reuters) - Wells Fargo's WFC.N profit rose in the fourth quarter as it earned more from interest payments.

The fourth-largest U.S. lender's net income was $5.36 billion, or $1.62 per share, in the three months ended December 31, it said on Wednesday. That compares with $5.08 billion, or $1.43 per share, a year earlier.

(Reporting by Arasu Kannagi Basil and Nivedita Balu in Toronto; editing by Lananh Nguyen)

((ArasuKannagi.Basil@thomsonreuters.com;))

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