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.
For more on this story, please see: https://www.bloomberg.com/news/articles/2024-04-12/wells-fargo-sees-nii-drop-as-pressure-from-depositors-mounts
