jetcityimageWells Fargo (NYSE:WFC) beat average predictions for its top and bottom line for its second fiscal quarter earnings on July 12, 2024, yet missed on net interest income, a key measure for financial institutions. Wells Fargo’s net interest income, which measures the difference between its interest income earned from its loans and its interest expenses, dropped 9% year over year and the bank now expects an 8-9% decrease in net interest income this year. The lender did report stable balance sheet ...