Wells Fargo 2Q24 Earnings Results July 2024

Wells Fargo reported second quarter 2024 earnings with net income of $4.9 billion and diluted EPS of $1.33. The bank achieved a 11.5% ROE and 13.7% ROTCE, with total revenue of $20.7 billion, though net interest income declined 9% while noninterest income rose 19% year-over-year.