$WFC RESULTS: Q4
๐ธ Net interest income $11.84B, EST $11.7B
๐ธ Revenue $20.38B, EST $20.59B
๐ธ Commercial banking revenue $3.17B
๐ธ Corporate and investment banking revenue $4.61B
๐ธ Wealth & investment management total revenue $3.96B
๐ธ EPS $1.43
๐ธ Total average loans $906.4B
๐ธ Efficiency ratio 68%, EST 64.9%
๐ธ Mortgage banking non-interest income $294M, EST $278.3M
๐ธ Net interest margin 2.7%, EST 2.67%
๐ธ Total avg. deposits $1.35 trillion, EST $1.35 trillion
๐ธ Return on assets 1.05%
๐ธ Return on equity 11.7%, EST 11%
๐ธ Common equity Tier 1 ratio 11.1%, EST 11.2%
๐ธ Non-interest expenses $13.90B, EST $13.29B
๐ธ Return on tangible common equity 13.9%, EST 13%
๐ธ Consumer banking and lending total revenue $8.98B
๐ธ Provision for credit losses $1.10B, EST $1.22B
๐ธ Personnel expenses $9.07B, EST $8.66B