TEXT - S&P says Wells Fargo & Co ratings unaffected by Q4 results
Jan 11 - Standard & Poor's Ratings Services today said its ratings on Wells Fargo & Co. (WFC) are unaffected by the company's strong fourth-quarter results, which were in line with our expectations. Relative to the fourth quarter of 2011, total revenues were up 7% to $21.9 billion, pretax, preprovision profit was up 12% to $9.1 billion, core loans were up 7.3% to $705 billion, average deposits were up 7% to $976 billion, net charge-offs were down to 1.05% from 1.36%, and reserve releases con
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