Investing.com - Wells Fargo reported better than expected first quarter earnings on Thursday as revenues increased by more than 4% from the same period in 2015.
Specifically, the preferred bank of investor Warren Buffet reported a diluted earnings-per-share (EPS) of $0.99.
Revenue rose 4.3% to $22.19 billion.
Analysts had expected an EPS of $0.97 on revenue of $21.70 billion.
After the report, shares in Wells Fargo & Company (NYSE:WFC) traded up 0.49% to $49.27 in the pre-market.