11 Most Profitable Companies In America in 2017

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4. Wells Fargo & Co (NYSE:WFC) – $21.94 billion

Wells Fargo & Co (NYSE:WFC) ranks 4th on the list of the Most Profitable Companies In America in 2017 after pulling in $21.94 billion in profit last year. While profit was down by $760 million from a year earlier, that was partially due to a $592 million one-time charge incurred during the fourth quarter, which was related to its interest rate hedges. Mortgage fees were also a sore spot for the bank in the final quarter of 2016, amounting to $1.4 billion, about $200 million below its average quarterly haul over the past three years.

11 Most Profitable Companies In America in 2017

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