2 of Wells Fargo's Businesses Took a Major Turn for the Worst Last Quarter, But...
All things considered, it could have been worse. While Wells Fargo (NYSE: WFC) is showing the expected signs of a wobbly economy -- and waning demand for mortgage loans in particular -- the bank managed to top last quarter's expectations.
Still, there are clear pockets of problems.
While it's not the sort of detail most investors would normally need to delve into, this time around merits an exception. So, here's a visualized comparison of Wells Fargo's recently ended fiscal third-quarter revenue to the past several quarters leading up to the three-month stretch ending in September. Note what isn't happening as much as what is happening.
Source Fool.com
