More on Wells Fargo (WFC) Q4 earnings: The margin squeeze continues with net interest income of...

|About: Wells Fargo & Co. (WFC)|By:, SA News Editor

More on Wells Fargo (WFC) Q4 earnings: The margin squeeze continues with net interest income of $249M, -2% Y/Y thanks to a 10 bp decline to 3.56% in net interest margins. Net charge-offs of 1.05% of loans vs. 1.21 in Q3 were higher than otherwise thanks to just-issued OCC guidance. Tier 1 common equity ratio of 8.18% under Basel III. 42M shares repurchased in Q4. Shares -0.8% premarket. (PR)