美国富国银行Wells Fargo ＆ Company (WFC) 2024年第四季度业绩报告（英文版）（25页）.pdf

1、4Q24 Financial Results January15,2025 2025 WellsFargo Bank,N.A.All rights reserved.4Q24 results Financial Results ROE:11.7%ROTCE:13.9%1 Efficiency ratio:68%2 Credit Quality Net income of$5.1 billion,or$1.43 per diluted common share,included:($in millions,except EPS)Pre-tax Income EPS Discrete tax be

2、nefits related to the resolution of prior period matters Severance expense Net losses on debt securities related to a repositioning of the investment portfolio$863(647)(448)$0.26(0.15)(0.10)Revenue of$20.4 billion,down slightly Net interest income of$11.8 billion,down 7%Noninterest income of$8.5 bil

3、lion,up 11%Noninterest expense of$13.9 billion,down 12%Pre-tax pre-provision profit3 of$6.5 billion,up 38%Effective income tax rate of 2.3%4 and included$863 million of discrete tax benefits Average loans of$906.4 billion,down 3%Average deposits of$1.4 trillion,up 1%Provision for credit losses5 of$1

4、.1 billion Total net loan charge-offs of$1.2 billion,down$41 million,with net loan charge-offs of 0.53%of average loans(annualized)Allowance for credit losses for loans of$14.6 billion,down 3%Common Equity Tier 1(CET1)capital6 of$134.6 billion CET1 ratio6 of 11.1%under the Standardized Approach Liqu

5、idity coverage ratio(LCR)7 of 125%Capital and Liquidity CET1 ratio:11.1%6 LCR:125%7 TLAC ratio:24.8%8 Comparisons in the bullet points are for 4Q24 versus 4Q23,unless otherwise noted.Endnotes are presented starting on page 21.4Q24 Financial Results 2 4Q24 earnings Quarter ended$Change from Year ende

6、d$Change from$in millions,except per share data 4Q24 3Q24 4Q23 3Q24 4Q23 2024 2023 2023 Net interest income$11,836 11,690 12,771$146(935)Noninterest income 8,542 8,676 7,707(134)835 Total revenue 20,378 20,366 20,478 12(100)Net charge-offs 1,188 1,111 1,258 77(70)Change in the allowance for credit l