美国富国银行Wells Fargo ＆ Company (WFC) 2022年年度报告「NYSE」.pdf

1、2022 Annual Report Wells Fargo&Company CEO Letter Dear Shareholders,Im proud to report that Wells Fargo continued to make progress on our priorities in 2022.Our underlying financial performance is improving,we are moving forward on our risk,control and regulatory agenda,we are focusing on businesses

2、 where we can generate appropriate risk-adjusted returns,we continue to strengthen the leadership team,and we are executing on our strategic objectives.While we have made progress,our work is not complete and we remain focused on successful and timely execution of our multi-year journey to complete

3、our risk and control work and to move forward with our businesses.Stronger financial performance Our financial performance benefitted as we continued to drive improved efficiency,and it was positively impacted by both rising rates and a benign credit environment.In 2022,Wells Fargo generated$13.2 bi

4、llion in net income,or$3.17 per common share.Our results were significantly impacted by$7 billion of operating losses,primarily related to putting historical issues behind us,including litigation,regulatory matters,and customer remediations.However,our performance excluding those items was solid and

5、 demonstrates the continued progress we are making to improve returns.Our revenue decreased 6%from the previous year.The higher rate environment and good loan growth drove strong growth in net interest income,which was up 26%from a year ago.However,this growth was more than offset by lower net gains

6、 from equity securities,mortgage banking,and investment advisory and other asset-based fees reflecting market conditions,as well as the lost revenue related to businesses we sold in 2021.Expenses increased 6%from a year ago,reflecting higher operating losses primarily related to putting historical m