Wells Fargo is at a turning point post-asset cap removal, with Q2 2025 results broadly meeting expectations but guidance disappointing on net interest income. WFC must demonstrate positive core NII ...
NEW YORK/TORONTO, Nov 5 (Reuters) - Wells Fargo (WFC.N), opens new tab CEO Charlie Scharf said on Wednesday he expects the U.S. bank's workforce to decline further as it focuses on efficiency. "It's ...
Wells Fargo's asset cap removal unlocks growth, enabling expansion beyond $2 trillion and boosting future cash flow and shareholder returns. Earnings remain strong with $5.5 billion net income, ...
In an interview, Charlie Scharf covers everything from the asset cap lifting to Wells Fargo's impact in the community.
Wells Fargo (NYSE:WFC) Chief Financial Officer Mike Santomassimo said the lender still expects to post full-year 2025 net interest income roughly in line with 2024's $47.7B, which compares with the ...
Wells Fargo & Company (NYSE:WFC) is one of the stocks Jim Cramer recently expressed his thoughts on. Cramer highlighted that he is “sticking with it for the trust,” as he commented: “Wells Fargo’s up ...
CEO Charles Scharf stated that "we're very happy with our third quarter results. The momentum we are building across our businesses drove strong financial results, with net income and diluted earnings ...
On June 4, the Federal Reserve lifted the long-standing asset cap on Wells Fargo & Company (NYSE:WFC), signaling a significant turning point for the bank after more than seven years under regulatory ...
Wells Fargo WFC reported a good set of numbers, resulting in third-quarter earnings of $1.66 per share, equating to an annualized return on total equity of 15.2%. While earnings were strong, the main ...