Wells Fargo & Co (MIL:1WFC)
€ 58.7 -2.19 (-3.61%) Market Cap: 196.18 Bil Enterprise Value: 223.72 Bil PE Ratio: 13.24 PB Ratio: 1.29 GF Score: 52/100

Wells Fargo & Co at Credit Suisse Financial Services Forum Transcript

Feb 17, 2022 / 01:50PM GMT
Susan Roth Katzke;dit Suisse AG
CrÃ;Research Division - MD & Senior Analyst

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Good morning, again. For those of you who are with us virtually, not enjoying the sunshine in Florida, I'm Susan Katzke, I cover the large-cap banks for Crédit Suisse. Our next presenting bank is Wells Fargo, a top pick in the bank space for us, given both the progress that we've observed and what I would call, increasingly clear potential for this bank to materially improve its return profile. I'm pleased to be joined once again by CFO, Mike Santomassimo, [you're 2] in this role at this conference. So let's jump in, because we've got a lot to cover with you.

Questions & Answers

Susan Roth Katzke;dit Suisse AG
CrÃ;Research Division - MD & Senior Analyst

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So why we start kind of where we always start? And I realize it's a very dynamic environment. But let's start with a bit of a macro update just so we level set and talk about the macro and the operating environment because a lot seems to change in a 4-week

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