Wells Fargo benefited from a strong economic environment and higher interest rates in 2023. Wells Fargo CEO and President Charlie Scharf said Friday (Jan. 12) during the bank’s quarterly earnings call that the bank also benefited from its continuing focus on efficiency and credit discipline. “We grew net income and diluted earnings per share with higher revenue and lower expenses,” Scharf said during the call. “Revenue growth was driven by strong growth in net interest income as well as higher noninterest i ...