Wells Fargo(WFC) - 2024 Q1 - Earnings Call Presentation
1Q24 Financial Results April 12, 2024 © 2024 Wells Fargo Bank, N.A. All rights reserved. 1Q24 results ROE: 10.5% ROTCE: 12.3%1 Efficiency ratio: 69%2 Financial Results Credit Quality • Net income of $4.6 billion, or $1.20 per diluted common share, included: – ($284) million, or ($0.06) per share, of additional expense for the estimated Federal Deposit Insurance Corporation (FDIC) special assessment3 • Revenue of $20.9 billion, up 1% – Net interest income of $12.2 billion, down 8% – Noninterest income of $8. ...