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Wells Fargo profit beats estimates, cut to interest income forecast weighs on shares
Wells Fargo beat second-quarter profit estimates on Tuesday but cut its 2025 guidance for net interest income, dropping ...
Wells Fargo Stock Slides as Bank Lowers Its Outlook for a Key Measure of Profitability
Wells Fargo on Tuesday lowered its outlook net interest income, a key measure of profitability, sending shares lower.
Wells Fargo snaps streak of revenue misses, but the stock is falling. Here’s why.
Wells Fargo’s stock was falling Tuesday after the bank missed expectations for net interest income and lowered its full-year growth outlook, offsetting profit and revenue beats.
Wells Fargo signals aggressive growth in deposits and loans after asset cap removal while maintaining 2025 net interest income target
termination of 13 orders since 2019, including 7 this year alone." He emphasized that the bank can now allocate more capital to grow deposits and loans, noting, "We now have the flexibility to ...
Wells Fargo snaps streak of revenue misses, but here's why the stock is falling
Wells Fargo's stock (WFC) dropped 3.7% in premarket trading, putting it on track to suffer the first loss in seven sessions. Citigroup shares (C) rose 0.9%, while JPMorgan Chase's stock (JPM) lost 0.8 ...