In the Margins

Fidelity revenue, profit up

February 16, 2017

By Investor's Business Daily

Fidelity Investments on Thursday said 2016 revenue rose a record 3.4% to $15.9 billion. The combination of revenue growth and slightly lower expenses produced a record profit of $3.5 billion—an increase of 19.5% over 2015's $3 billion in operating income. Read the original story from Investor's Business Daily.