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Wells Fargo shares tumble after net interest income falls short of estimates

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Wells Fargo shares tumble after net interest income falls short of estimates

Wells Fargo bank signage is seen on Broadway on April 12, 2024 in New York City. 

Michael M. Santiago | Getty Images

Wells Fargo on Friday reported a 9% decline in net interest income, even though its second-quarter earnings and revenue exceeded Wall Street expectations.

Here’s what the bank did compared to Wall Street estimates, based on a survey of analysts by LSEG:

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