Call reports 2024
WELLS FARGO BANK, NATIONAL ASSOCIATION — 2024
What WELLS FARGO BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 1,743,283,000,000 | 1,719,839,000,000 | 1,698,675,000,000 | 1,705,538,000,000 |
| Total loans | 889,240,000,000 | 886,400,000,000 | 877,915,000,000 | 879,490,000,000 |
| Allowance for loan losses | 14,426,000,000 | 14,367,000,000 | 14,338,000,000 | 14,194,000,000 |
| Securities available for sale | 131,438,000,000 | 142,364,000,000 | 159,500,000,000 | 156,484,000,000 |
| Securities held to maturity | 258,806,000,000 | 250,833,000,000 | 243,241,000,000 | 235,043,000,000 |
| Trading assets | 53,007,000,000 | 61,752,000,000 | 64,717,000,000 | 63,971,000,000 |
| Total deposits | 1,414,352,000,000 | 1,403,197,000,000 | 1,397,345,000,000 | 1,416,882,000,000 |
| Interest-bearing deposits | 1,021,357,000,000 | 1,014,656,000,000 | 982,701,000,000 | 997,226,000,000 |
| Noninterest-bearing deposits | 392,995,000,000 | 388,541,000,000 | 414,644,000,000 | 419,656,000,000 |
| Equity capital | 163,345,000,000 | 165,821,000,000 | 170,296,000,000 | 166,189,000,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 20,914,000,000 | 41,748,000,000 | 62,600,000,000 | 82,813,000,000 |
| Interest expense | 7,829,000,000 | 15,665,000,000 | 23,516,000,000 | 30,494,000,000 |
| Net interest income | 13,085,000,000 | 26,083,000,000 | 39,084,000,000 | 52,319,000,000 |
| Noninterest income | 5,691,000,000 | 11,321,000,000 | 17,340,000,000 | 22,928,000,000 |
| Noninterest expense | 11,326,000,000 | 21,712,000,000 | 31,877,000,000 | 42,891,000,000 |
| Provision for loan losses | 971,000,000 | 2,214,000,000 | 3,296,000,000 | 4,370,000,000 |
| Pretax income | 6,456,000,000 | 13,493,000,000 | 20,837,000,000 | 27,062,000,000 |
| Income tax | 1,090,000,000 | 2,433,000,000 | 3,827,000,000 | 4,419,000,000 |
| Net income | 5,363,000,000 | 11,054,000,000 | 17,002,000,000 | 22,633,000,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 142,959,000,000 | 145,522,000,000 | 149,051,000,000 | 145,651,000,000 |
| Total capital | 166,353,000,000 | 168,892,000,000 | 172,326,000,000 | 167,936,000,000 |
| Risk-weighted assets | 1,128,621,434,000 | 1,125,557,275,000 | 1,123,335,619,000 | 1,113,189,520,000 |