June 12, 2019 / 1:51 PM / 3 months ago

CORRECTED-Wells Fargo sees net interest income at low end of guidance

(Corrects headline to say net interest income, not revenue will be down)

June 12 (Reuters) - Wells Fargo & Co's annual net interest income will likely come in at the lower range of its expectations, a bank executive said.

Speaking at an investor conference on Wednesday, Treasurer Neal Blinde said the current rate environment was already baked into the bank's guidance of a 2 to 5% decline, but downward pressure on interest rates moves sentiment to the lower end of the range. (Reporting by Imani Moise Editing by Chizu Nomiyama)

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