Apr 12th, 2024

Wells Fargo CFO on Deposits, NII Miss and Credit Cards

Wells Fargo CFO Mike Santomassimo discusses the bank's first-quarter earnings report on Bloomberg Television. Wells Fargo earned $12.2 billion in net interest income in the first three months of the year, according to a statement, down 8.3% from a year earlier and slightly less than the $12.3 billion analysts expected.