Wells Fargo & Company ( WFC ) The BancAnalysts Association of Boston Conference November 6, 2025 8:10 AM EST Company Participants Michael Santomassimo - Senior EVP & CFO Conference Call Participants Dick Manuel Betsy Graseck - Morgan Stanley, Research Division Presentation Dick Manuel Good morning, everyone. Thank you, Gerard, for that introduction.
WFC lifts its medium-term ROTCE target to 17-18%, signaling stronger profitability as it exits regulatory constraints.
Wells Fargo (WFC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Wells Fargo delivered strong Q3 results, with robust net interest income, lower loan loss provisions, and excellent coverage of preferred dividends. WFC.PR.Z preferred shares offer a 5.9% yield at current prices, with less than 5% of net profit needed to cover all preferred dividends. Preferred shares provide attractive risk-reward, benefiting from lower interest rates and offering potential for both income and capital gains.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Wells Fargo & Company NYSE: WFC delivered third-quarter financial results on Oct. 14, 2025, which significantly outpaced market expectations and triggered a notable response from investors.
Wells Fargo only derived 56% of its Q3 2025 revenue from net interest income, a key benefit amid ongoing Fed rate cuts. The bank's preferred shares enjoy robust coverage in terms of net income and common equity market capitalization. Despite solid returns for WFC common stock this year, the Series DD preferred shares have recently declined in value, losing close to 5% in a single month.
A little over four months after the removal of an asset cap that had been imposed by the Federal Reserve, Wells Fargo aims to shift the conversation from the improvements it made to earn that achievement to the work it has done to improve growth and returns.
WFC's Q3 profit tops estimates as fee income and loan growth lifted results despite rising expenses.
Wells Fargo & Company (NYSE:WFC ) Q3 2025 Earnings Call October 14, 2025 10:00 AM EDT Company Participants John Campbell - Director of Investor Relations Charles Scharf - President, CEO & Chairman Michael Santomassimo - Senior EVP & CFO Conference Call Participants Kenneth Usdin - Bernstein Autonomous LLP Ebrahim Poonawala - BofA Securities, Research Division John McDonald - Truist Securities, Inc., Research Division Robert Siefers - Piper Sandler & Co., Research Division L. Erika Penala - UBS Investment Bank, Research Division Betsy Graseck - Morgan Stanley, Research Division Matthew O'Connor - Deutsche Bank AG, Research Division John Pancari - Evercore ISI Institutional Equities, Research Division Gerard Cassidy - RBC Capital Markets, Research Division Christopher McGratty - Keefe, Bruyette, & Woods, Inc., Research Division Presentation Operator Welcome, and thank you for joining the Wells Fargo Third Quarter 2025 Earnings Conference Call.
Wells Fargo & Co (NYSE:WFC, ETR:NWT) stock jumped 6.4% after the financial services firm reported stronger-than-expected results for the third quarter. Net income of $5.6 billion, or $1.66 per diluted share, surpassed Wall Street expectations of $1.55 per share.
Although the revenue and EPS for Wells Fargo (WFC) give a sense of how its business performed in the quarter ended September 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.