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Wells Fargo profit grows, shares rise in premarket

Wells Fargo profit grows, shares rise in premarket

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Wells Fargo & Co. WFC, -0.71% said Friday its fourth-quarter profit increased to $5.75 billion, or $1.38 a share, from $3.09 billion, or 66 cents a share in the year-ago quarter. Revenue increased to $20.86 billion from $18.49 billion.

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