PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Wells Fargo Bank, Ltd.

Los Angeles, CA · Cert 25890

FDIC · 1 branch

Q1 2020

$835.1MAssets
n/aLoans
n/aDeposits
$801.1MEquity
Deposit mix
0%Interest-bearing $0100%Noninterest $0Q1 2019Q1 2020

NIM

1.07%Q1 ’181.72%Q1 ’191.26%Q1 ’20+61%-26%

Non-interest income vs. expense

38.37%Q1 ’1846.89%Q1 ’190.91%Q1 ’20+275%-98%

Market Position · Los Angeles-Long Beach-Anaheim, CA · 2019 SOD (annual) · 0.0% share · #104 of 119 inst. · $0.0B of $568.5B

Executive Summary

  • Earnings: ROA of 0.87%, up 296 bps year over year; NIM at 1.26%.
  • Capital: tier 1 leverage ratio of 95.11%, up 2,230 bps from a year ago.

Financial Results

Return on Assets (YTD, annualized)

0.87%+296 bps YoY

Net Interest Margin (YTD, annualized)

1.26%-45 bps YoY

Efficiency Ratio (YTD, annualized)

45.37%-7,320 bps YoY

Tier 1 Leverage Ratio

95.11%+2,230 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2019Q2 2019Q3 2019Q4 2019Q1 2020YoY ΔTrend
Earnings
Return on Assets-2.10%0.87%4.59%14.06%0.87%+296 bps
Return on Equity-2.58%1.06%5.66%16.75%0.91%+348 bps
Net Interest Margin1.72%1.73%1.57%1.54%1.26%-45 bps
Efficiency Ratio118.58%101.60%91.15%72.29%45.37%-7,320 bps
Non-Interest Burden9.06%2.50%-3.42%-15.45%0.17%-889 bps
Growth
Asset Growth (YoY)11.13%10.61%16.73%-3.77%5.47%-567 bps
Loan Growth (YoY)n/an/an/an/an/an/an/a
Deposit Growth (YoY)8.94%13.10%12.03%13.51%-100.00%-10,894 bps
Asset Quality
Nonperforming Loans / Loansn/an/an/an/an/an/an/a
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loansn/an/an/an/an/an/an/a
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio72.81%83.90%80.23%93.41%95.11%+2,230 bps
Total Risk-Based Capital339%347%256%450%456%+11,651 bps
Equity / Assetsn/an/an/an/an/an/an/a
Liquidity & Funding
Loans / Deposits0.00%0.00%0.00%0.00%n/an/a
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a