Welcome, and thank you for joining the Wells Fargo fourth-quarter 2024 earnings conference call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator instructions] Please note that today's call is being recorded.

Wells Fargo posted mixed Q4 earnings, with revenue lagging while EPS gained, highlighting revenue growth challenges.

Wells Fargo (NYSE:WFC) stock rose 3.8% in Wednesday premarket trading after the banks turned in mixed Q4 results, but expects net interest income to rise and noninterest expenses to decline in 2025. The San Francisco-based bank expects 2025 net interest income to rise ~1%-3% from 2024's $47.