Wells Fargo & Company Reports Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2018; Reports Consolidated Net Loan Charge-Offs for the Fourth Quarter Ended December 31, 2018
For the year, the company reported total interest income of $64,647 million compared to $58,909 million a year ago. Net interest income was $49,995 million compared to $49,557 million a year ago. Net income was $22,393 million or $4.31 per basic share and $4.28 per diluted share compared to $22,183 million or $4.14 per basic share and $4.10 per diluted share a year ago.
For the quarter, the company's net loan charge-offs was $721 million against $751 million a year ago.