Wells Fargo 4Q profit rose 4%, tops Street estimates
By MATT OTT SILVER SPRING, Md. (AP) — Wells Fargo had its best quarter of 2020 as its profit rose 4% in the fourth quarter of a year defined by the coronavirus outbreak. The bank, based in San Francisco, said Friday that its earnings rose to $3 billion, or 64 cents per share, compared with earnings of $2.87 billion , or 60 cents a share, a year earlier. The results surpassed Wall Street expectations.