Wells Fargo Reports Record Quarterly and Full Year Profit

Wells Fargo & Co. announced this morning that it pulled in record profits during the fourth quarter of last year and for the full-year 2010. The company reported net income of $3.4 billion in Q4, up 21 percent from the same period a year earlier. For all of 2010, the company earned $12.4 billion. That compares to $12.3 billion in 2009.

http://www.dsnews.com/articles/wells-fargo-reports-record-quarterly-and-full-year-profit-2011-01-19