Wells Fargo shares climb on higher earnings, CEO calls for 'timely' trade resolution
1. Wells Fargo reported Q1 earnings of $1.39 per share, exceeding expectations. 2. Total revenue was $20.15 billion, below Wall Street's $20.75 billion forecast. 3. Shares rose nearly 2% in pre-market trading following earnings report. 4. Net interest income fell 6% to $11.50 billion year-over-year. 5. The bank bought back $3.5 billion worth of shares in Q1.