BLOOMBERG In The Loop With Betty Liu April 11, 2014
As for revenue at wells fargo, 26 billion seems to be right in line for what analysts had been anticipating. Another number that everyone slowdownn, given the in mortgage lending, is the efficiency ratio it measures cost as a percentage of revenue. The lower number the better. 57. 9 fargo reported a efficiency ratio. Somewhereere looking in the neighborhood of 57 . That efficiency ratio going higher is not the direction you wanted to move in. There was a reserve release. Wells fargo put aside some money to cover bad loans. Bad loans to not come to pass. It will release that money and go straig...
Source: archive.org
