Welcome, and thank you for joining the Wells Fargo fourth-quarter 2024 earnings conference call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator instructions] Please note that today's call is being recorded.

Wells Fargo posted mixed Q4 earnings, with revenue lagging while EPS gained, highlighting revenue growth challenges.

Wells Fargo (NYSE:WFC) stock rose 3.8% in Wednesday premarket trading after the banks turned in mixed Q4 results, but expects net interest income to rise and noninterest expenses to decline in 2025. The San Francisco-based bank expects 2025 net interest income to rise ~1%-3% from 2024's $47.

Wells Fargo & Company (NYSE: WFC) reported a robust performance for the fourth quarter of 2024, culminating in a year marked by significant progress. The company achieved a net income of $5.1 billion,

Fourth quarter net income for Wells Fargo increased to $5.08 billion from $3.45 billion compared to the same period in the previous year, the US financial services company said on Wednesday. Earnings per share were $1.

Shares of Wells Fargo & Company WFC jumped 4.6% in the pre-market trading session today as the company reported its fourth-quarter 2024 adjusted earnings per share of $1.42, which surpassed the Zacks Consensus Estimate of $1.