Wells Fargo profit jumps on interest income boost

Wells Fargo & Company

Wells Fargo & Company

WFC

0.00

- Wells Fargo's WFC.N profit rose in the second quarter as its income from interest payments rose.

The fourth-largest U.S. lender's net income was $6.41 billion, or $2.00 per share, in the three months ended June 30, it said on Tuesday. That compares with $5.49 billion, or $1.60 per share, a year earlier.