Wells Fargo (WFC): FY24 Q4 earnings call, Jan 15, 2025

No Kalshi or Polymarket word markets were listed for Wells Fargo’s Jan 15, 2025 earnings call (FY24 Q4). The transcript is searchable below (quotes of at most 25 words).

Updated

Transcript

quotes of at most 25 words

Speaker-labelled transcript · Source and credits · Used to count words; quotes of at most 25 words.

6 matches for “Severance”; 5 quoted, at least 25 words apart.

Charlie Scharfcompanyprepared · 3:46Hear it 3:41, Charlie Scharf

…Overall, expenses declined from a year ago, benefiting from lower FDIC and severance expenses as well as the impact of our efficiency initiatives, which have…

Mike Santomassimocompanyprepared · 13:11Hear it 13:06, Mike Santomassimo

…benefit was largely offset by $647 million or $0.15 per share of severance expense and $448 million or $0.10 per share of net losses on…

Mike Santomassimocompanyprepared · 15:30Hear it 15:26, Mike Santomassimo

…FDIC special assessment. Excluding this assessment, expenses were relatively stable as lower severance expense and the impact of our efficiency initiatives was largely offset by…

Mike Santomassimocompanyprepared · 25:55Hear it 25:49, Mike Santomassimo

…$54.6 billion of noninterest expense in 2024, which includes $647 million of severance expense in the fourth quarter that was not contemplated in our guidance.…

Ebrahim Poonawalaanalystqa · 38:43Hear it 38:41, Ebrahim Poonawala

…for running through the expense investment priorities. As we think about the severance charge in the fourth quarter, and run way to extract additional efficiencies…

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