[Vicinity9635]

>$549 million

Big headline grabbing number. But what % of their quarterly profit is that?

Slap on the wrist, I suspect.

[mulmen]

Net income for Q2 of 2023 was reported as (this is Wells Fargo...) $4,938,000,000 so $549,000,000 is a little over 10%.

https://www08.wellsfargomedia.com/assets/pdf/about/investor-...