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Wednesday, May 22, 2013 | 9:58 a.m.

Wells Fargo's Mortgage Margin Worries

Wells Fargo made a lot of money last quarter- profits were up 24 percent- a record. But investors sold the stock- in large part because fourth-quarter net interest margins- which measures how much money the bank makes from lending out money- fell. Susquehanna senior banking analyst Jack Micenko:
 
 
 

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