Wells Fargo sees 2024 NII down 9% from 2023 level of $52.4B - InvestingChannel

Wells Fargo sees 2024 NII down 9% from 2023 level of $52.4B

Previous guidance was down 8%-9% y/y. Expects 2024 noninterest expense to be ~$54B, unchanged from prior guidance. Comments taken from slides being presented on the Q3 earnings conference call.

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