Wells Fargo released third quarter earnings Monday. The San Francisco bank that's finishing its takeover of Charlotte-based Wachovia says it saw record income for the period. Earnings were $4.1 billion. That was up by about 20% when compared to the same period the year before. Per-share earnings were $.72 which was a penny less than what analysts were expecting. Despite the unusually high earnings, the overall state of the banking industry is better reflected in what happened to Wells Fargo's revenue. It actually dipped by about $1.5 billion. Bank leaders called the report "solid". Investors weren't so convinced. The report sent Wells Fargo shares down on Wall Street. Charlotte's other big banking presence, Bank of America, will release its latest earnings numbers Tuesday morning.