Topic
Latest reporting and analysis tagged with Wells Fargo.
Wells Fargo's net income rose 5.5% to $5.4 billion in 2025, though severance costs impacted results. CEO Charlie Scharf said the bank can now compete on a level playing field after the Fed's asset cap was removed.
Wells Fargo CFO Mike Santomassimo says the bank had strong loan momentum this quarter but warns a presidential proposal would reduce consumer credit access.
Wells Fargo raised BNY Mellon's price target to $122 from $119, maintaining an Equal Weight rating, citing the company's Q4 2025 top-line beat and 2026 guidance of 5% revenue growth.
Wells Fargo added Antero Resources to its Q1 2026 Tactical Ideas list on January 5, maintaining a Buy rating with a $49 price target, citing strategic benefits from a recent acquisition.
Bank of America and Wells Fargo reported increased quarterly and annual profits, with their CEOs expressing optimism about the U.S. economy and future growth.