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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 profit beats estimates, cut to interest income forecast weighs on shares
The bank has closed seven regulatory punishments, known as consent orders, this year and 13 since 2019. It still has one ...
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 ...
Wells Fargo stock slips after lower 2025 NII guidance
Wells Fargo (WFC) stock dipped 2.1% in Tuesday premarket trading after the bank trimmed its 2025 net interest income guidance ...