Wells Fargo & Co (MEX:WFC)
MXN 1,470 (0%) Market Cap: 4.50 Tn Enterprise Value: 5.51 Tn PE Ratio: 12.94 PB Ratio: 1.58 GF Score: 65/100

Wells Fargo & Co at Goldman Sachs U.S. Financial Services Conference Transcript

Dec 09, 2025 / 01:00PM GMT
Release Date Price: MXN1623 (-1.64%)
Unidentified Participant

Okay, so good morning, everybody. Welcome to the 36th Goldman Sachs Annual Financial Services Conference. Delighted that you could all be with us here this morning. There's about a thousand clients that are attending this event. That's up 10 % compared to last year. And there's 125 companies participating. We just added up the market cap. It's almost close to $6 trillion market cap, which is obviously ahead of where we were last year.

I am delighted to welcome Charlie Scharf to kick off the conference. Charlie needs no introduction. He is chairman and CEO of Wells Fargo. He has presented this conference every year since you have been CEO. And actually you kicked off this conference pretty much every year. So I guess this is a tradition and we really, really appreciate you being with us this morning.

Questions & Answers

Unidentified Participant

So maybe we can just start off with a discussion about the macro backdrop. You've been very consistent in saying that the consumer remains resilient that spend trends have been steady. What have

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