Wells Fargo CFO Says Given We Are Modestly Asset Sensitive, We Expect Q4 Net Interest Income, Excluding Markets, To Benefit From The Higher Interest Rate Environment

Wells Fargo's CFO indicated during a conference call that the company is modestly asset sensitive and anticipates a positive impact on Q4 net interest income, excluding markets, due to the higher interest rate environment. This suggests an expectation for increased revenue from interest-earning assets as rates rise.