NEW YORK (MarketWatch) -- Wachovia Corp. said on Wednesday it lost a stunning $23.9 billion in the third quarter, taking a massive impairment charge tied to its acquisition by Wells Fargo & Co., and added more than $6 billion to its credit-loss provisions.

The company WB, -3.74% reported a net loss of $23.9 billion, or $11.09 a share. In the year-ago third quarter, Wachovia posted net income of $1.7 billion, or 90 cents a share.