NU Online News Service, April 21, 3:35 p.m. EDT

Wells Fargo reported first-quarter insurance segment earnings rose 7 percent, contributing to overall net income of $2.5 billion for the San Francisco-based bank.

The company reported insurance services earnings increased by $40 million for the first quarter over the same period last year to $621 million.

Results reflected customer growth and higher crop insurance revenues, said Wells Fargo.

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