Wells Fargo quarterly profit rises on higher interest income

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Wells Fargo quarterly profit rises on higher interest income
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- Wells Fargo's profit rose in the third quarter as the U.S. lender benefited from customers paying higher interest on loans.

Net income climbed to $5.77 billion, or $1.48 per share, in the three months ended Sept. 30, from $3.59 billion, or 86 cents per share, a year earlier, the bank reported on Friday.

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