Importantly, though, Wells Fargo's net interest margin, the spread between what it pays on deposits and makes on loans, fell to 3.6% from 3.9% from a year earlier. Bank margins are decreasing as loans with higher-interests are paid off, and newImportantly, though, Wells Fargo's net interest margin, the spread between what it pays on deposits and makes on loans, fell to 3.6% from 3.9% from a year earlier. Bank margins are decreasing as loans with higher-interests are paid off, and newWells Fargo & Co.'s 25% gain in fourth-quarter earnings provides welcome news for the economy, with the U.S.'s fourth-largest bank showing solid increases in overall consumer and commercial lending and setting aside less cash for potential defaults.NEW YORK — Wells Fargo, the nation's biggest mortgage lender, kicked off a critical series of bank earnings reports by saying fourth-quarter profit rose 24% as an improving economy spurred 3.8% growth in loan demand. The growth in loans, first sinceRegardless of the angst about the fiscal cliff late last year, Wells Fargo reported that customers continued to borrow in fourth-quarter.
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