Wells Fargo Q3 EPS beats estimates; revenue misses

EPS was USD 1.87 versus the IBES estimate of USD 1.85. Revenue was USD 21,870 million versus USD 22,300 million expected, while net interest income was USD 12,517 million versus USD 12,628 million expected. Net income was USD 5,951 million; CET1 capital ratio was 10%, ROE was 13.8%, and credit loss provision was USD 1,029 million.