Wells Fargo (Wells Fargo) Net Interest Income (for Banks) : $51,266.00 Mil (As of Dec. 2023)

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What is Wells Fargo Net Interest Income (for Banks)?

Net interest income is the income earned by banks from the fund they have on their balance sheet. Wells Fargo's net interest income for the three months ended in Dec. 2023 was $12,771.00 Mil. Its net interest income for the trailing twelve months (TTM) ended in Dec. 2023 was $51,266.00 Mil.

Wells Fargo's quarterly net interest income declined from Jun. 2023 ($13,163.00 Mil) to Sep. 2023 ($13,105.00 Mil) and declined from Sep. 2023 ($13,105.00 Mil) to Dec. 2023 ($12,771.00 Mil).

Wells Fargo's annual net interest income increased from Dec. 2021 ($35,779.00 Mil) to Dec. 2022 ($44,950.00 Mil) and increased from Dec. 2022 ($44,950.00 Mil) to Dec. 2023 ($52,375.00 Mil).

Wells Fargo Net Interest Income (for Banks) Historical Data

The historical data trend for Wells Fargo's Net Interest Income (for Banks) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Wells Fargo Net Interest Income (for Banks) Chart

Wells Fargo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Interest Income (for Banks)

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47,303.00

39,956.00

35,779.00

44,950.00

52,375.00

Wells Fargo Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Interest Income (for Banks)	Get a 7-Day Free Trial															13,336.00	13,163.00	13,105.00	12,771.00	12,227.00

Wells Fargo Net Interest Income (for Banks) Calculation

Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.

Net Interest Income (for Banks) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $51,266.00 Mil.

Wells Fargo (Wells Fargo) Business Description

Industry

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Address

420 Montgomery Street, San Francisco, CA, USA, 94104

Website

https://www.wellsfargo.com

Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company has four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management. It is almost entirely focused on the U.S.