SAN FRANCISCO—Wells Fargo consumers appear to be standing by the bank, which has been hit by a number of scandals over the past few years, most notably the creation of up to 3.5 million fake accounts.
“In its latest earnings report, the bank said the number of primary checking customers ticked up 1.7% from a year ago, a modest increase but notable given the bad news that's continued to plague the company,” stated Yahoo Finance.
Other key metrics showed positive movement as well. The number of customers using digital platforms—mobile and online—increased 4% since last year, and debit and credit card purchases were up as well, Yahoo Finance said.