Major U.S. bank Wells Fargo (NYSE:$WFC) released its second quarter report on July 14, 2017. Although it surpassed bottom line expectations from analysts, the the top line estimates weren’t met. Upon the release of the report, Wells Fargo’s shares decreased by more than 1% today.

Given Wells Fargo’s bottom line reports, the drop in its shares were a little unexpected. From March 30 to June 30, Wells Fargo’s earnings per share was $1.07 — an increase from the $1.01 seen in the same time period in 2016. The bank’s EPS not only increased based on 2016’s second quarter, it also went beyond the average $1.01 per share that most analysts predicted.

Tim Sloan, CEO of Wells Fargo, prepared remarks regarding the bank’s second quarter report, saying, “Second quarter 2017 results demonstrated the benefit of our diversified business model as we continued to generate strong financial results, invest for the future, and adhere to our prudent risk discipline. We remain committed to reducing expenses and improving the efficiency of our company, and we are very focused on our recently announced goals.”

Wells Fargo’s increased earnings this quarter is mainly due to an increase in net interest income. In its second quarter report, Wells Fargo cited its net interest income to have increased by 6% – compared to last year’s second quarter net interest income – to reach $750 million.

Aside from increased earnings and net interest income, Wells Fargo also had good credit costs this quarter. A large number of banks will prepare for future loan losses by using loan-loss provision, which is a sort of expense – this means that the lower it is, the better it is for the bank. In 2017’s second quarter, Wells Fargo’s loan-loss provisions fell to $555 million – almost half of 2016’s second quarter provision of $1 billion.

Despite these positive results, however, Wells Fargo’s reported revenue this quarter did not meet the expectations from many analysts. KBW’s (NYSE:$KBW) Brian Kleinhanzl, for example, predicted the bank’s operating revenue to be $22.7 billion, which was a bit higher than the actual reported revenue of $22.2 billion.

The close-but-not-quite-close situation Wells Fargo found itself in regarding revenue in the second quarter is largely due to the bank’s non-interest income. Fee-based businesses’ revenue fell by 7% this quarter on a year-over-year basis due to a 19% decrease in mortgage-banking income.

Besides a decrease in non-interest income, a slow-down in loan growth can also be partially blamed for Wells Fargo’s failure to meet revenue expectations. Wells Fargo’s overall loan portfolio at the end of this quarter – compared to 2017’s first quarter – actually went down by 1%, or about $10 billion.

Wells Fargo is also seeing an increase in expenses. Non-interest expenses went up to $675 million this quarter. Although the rise in non-interest expenses was due to many things, it’s worth noting that there was a 34% increase in expenses for professional services. This is no doubt partially due to the number of legal expenses needed by the bank to deal with its recent account fraud scandal in which Wells Fargo employees opened a number of fake accounts for customers without their knowledge and fired other employees that tried to report the fraud.

Although it failed to meet revenue expectations, the overall performance in Wells Fargo’s second quarter was relatively strong – especially in the wake of the bank dealing with its fraud scandal. There is no great reason why investors should change their stance on the stock based on its second quarter reports.

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