Wells Fargo & Co (MIL:1WFC)

€ 58.7 -2.19 (-3.61%) Market Cap: 195.05 Bil Enterprise Value: 223.72 Bil PE Ratio: 13.24 PB Ratio: 1.29 GF Score: 52/100

Wells Fargo & Co at Morgan Stanley US Financials, Payments, and CRE Conference Transcript

Jun 13, 2023 / 12:00PM GMT

Transcript

Betsy Lynn Graseck

Morgan Stanley, Research Division - MD

Okay. Great. Thanks, everyone. I have a disclosure to reason that we'll get started. For important disclosures, please see Morgan Stanley research disclosure website at morganstanley.com/researchdisclosures. The taking of photographs and use of recording devices is also not allowed. If you have any questions, please reach out to your Morgan Stanley sales representative. Okay. With that out of the way, I'm delighted to kick us off here in this room today with Mike Santomassimo, CFO of Wells Fargo. Mike, thanks so much for joining us.

Michael P. Santomassimo

Wells Fargo & Company - Senior EVP & CFO

Thanks for having us again.

Questions & Answers

Betsy Lynn Graseck

Morgan Stanley, Research Division - MD

So I did want to kind of go through the balance sheet first, if you don't mind. There's been a lot of questions here about deposits so far in the conference. And maybe you could give us an update on how deposit flows are trending this quarter

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