美国富国银行Wells Fargo ＆ Company (WFC) 2023年年度报告「NYSE」.pdf

1、2023Annual ReportCEO Letter Dear Shareholders:2023 was a year of continued progress for Wells Fargo.We delivered stronger financial performance versus 2022 and we continued to execute on our strategic priorities.Our results benefited from the strong economic environment,higher interest rates,our con

2、tinued focus on efficiency and strong credit discipline.In addition,we are just beginning to see the impacts of investments weve made to better serve our customers and grow more quickly.We are moving forward with our risk and control work,and we are investing to build a faster-growing and a higher-r

3、eturning company,while we in parallel work to become more efficient.We effectively managed through an uncertain economic environment in 2023 and a period of stress for certain banks.Our franchise allowed us,along with other large banks,to be a source of strength for the U.S.economy during an unsettl

4、ed period.All in all,I feel very good about what we accomplished in 2023 and continue to be optimistic as we look forward.Financial performance In 2023,Wells Fargo generated$19.1 billion in net income,or$4.83 per diluted common share.We grew net income and diluted earnings per share from a year ago,

5、with higher revenue and lower expenses.Our revenue increased 11%from the previous year.The higher rate environment drove strong growth in net interest income,which was up 17%from a year ago.We also grew noninterest income,with strong growth in trading activities,investment banking fees,and commissio

6、ns and brokerage service fees,reflecting market conditions as well as the investments weve been making in our wholesale businesses.This growth was partially offset by a decline in mortgage banking,primarily driven by our efforts to simplify the home lending business,as well as lower deposit-related