Wells Fargo ($WFC@US) exceeded analyst expectations in its quarterly report released on Thursday. The bank was able to release funds meant for potential loan losses, and it managed to tamp down costs associated with its old sales practices. Even with its assets capped at $1.95 trillion, WellsFargo is still the fourth-largest bank in America. The bank is also subject to penalties associated with a 2016 federal investigation, including a $250 million hit in the 3rd quarter—a penalty levied by regulators because the bank did not appear to make its best effort to remunerate customers who were harmed in the past. Shares of the bank rose just over a percent in premarket trading.