Wells Fargo & Co (WBO:WFC)

€ 73.08 -0.26 (-0.35%) Market Cap: 240.13 Bil Enterprise Value: 269.60 Bil PE Ratio: 15.84 PB Ratio: 1.55 GF Score: 68/100

Wells Fargo & Co at Credit Suisse Financial Services Forum Transcript

Feb 14, 2023 / 01:35PM GMT

Release Date Price: €44.98 (+0.67%)

Transcript 10-K

Susan Roth Katzke;dit Suisse AG

CrÃ;Research Division - MD & Senior Analyst

© -

So good morning, again, to everybody in the room. For those of you with us virtually, I'm Susan Katzke. I cover the large-cap banks for Credit Suisse. And our next presenting bank this morning is Wells Fargo, again, this year, a top pick in the bank space, given both the progress and the increasingly clear potential for this bank to materially improve the returns that you generate.

I'm pleased to be joined once again by CFO, Mike Santomassimo, year 3 in this role at this conference. So we're going to jump right in. We've got a lot of ground to cover over the next 40 minutes here.

Questions & Answers

Susan Roth Katzke;dit Suisse AG;Michael P.

CrÃ;Research Division - MD & Senior Analyst

© -

And let's start really by level setting around the macro. Let's talk about the operating environment and what, if anything, has changed in your view around the macro in the 4 to 5 weeks since earnings.

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