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Home Commercial Wells Fargo Sees Losses in Commercial Real Estate Loan Portfolio, Anticipates More in 2024
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Wells Fargo Sees Losses in Commercial Real Estate Loan Portfolio, Anticipates More in 2024

January 17, 20242 Mins read592
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By Kate Snyder Though commercial real estate wasn’t the only subject discussed during Wells Fargo’s recent earnings call, bank representatives noted the losses that its loan portfolio experienced in the fourth quarter of 2023. The firm saw an increase in commercial net loan charge-offs that reflected the higher losses in the office market, however losses […]

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