Monday, 11 January 2016

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Most profitable companies of the Fortune

Wells Fargo


Courtesy of Wells Fargo Bank
Only two banks rank among the Fortune 500's 10 most profitable companies, and Wells Fargo is the more profitable of the pair, even if J.P. Morgan recorded a more sizable increase in profit for 2014. Wells Fargo is also churning out pretty strong bottom-line gains: profit grew 5.4% to nearly $23.1 billion last year. A stronger economy helped the San Francisco-based bank report growing loans, deposits and a larger customer base.

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