Wells Fargo & Company is rated Hold, as recent gains already price in improved capital, cost control, and asset cap removal. Q4 earnings showed $5.4B net income and 12.3% ROE, but revenue missed expectations and most operational improvements are now reflected. WFC trades at a premium—13.5x 2026E EPS and nearly 2x TBV—leaving little margin for error if growth or credit trends disappoint.
WFC beat Q4 EPS estimates on higher NII and fees, but rising non-performing assets and a pre-market slide affect the win.
Wells Fargo & Co (NYSE:WFC, XETRA:NWT) shares fell 4.5% in early trade after the bank reported mixed fourth quarter 2025 results that disappointed investors on several key metrics. The bank posted total revenue of $21.29 billion, up 4% from a year earlier but below Wall Street's forecast of $21.65 billion.
While the top- and bottom-line numbers for Wells Fargo (WFC) give a sense of how the business performed in the quarter ended December 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
In June 2025, the Fed finally lifted a $1.95 trillion asset cap imposed in 2018 after the Wells Fargo fake accounts scandal, where employees opened millions of unauthorized accounts to hit sales targets.
WFC's Q4 earnings likely show a rising NII and solid loan demand, but lower non-interest income and asset quality pressure may weigh on investor sentiment.
Beyond analysts' top-and-bottom-line estimates for Wells Fargo (WFC), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2025.
Wells Fargo (WFC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Wells Fargo (WFC) has transitioned from a credibility-rebuilding story to a premium-valued bank, now requiring disciplined execution to justify its elevated valuation. I have raised my target price for WFC to $110, reflecting the market's willingness to pay for consistent earnings visibility and structural execution. WFC's earnings quality is improving, driven by fee-based revenue growth in corporate and investment banking, reduced reliance on net interest income, and strong capital returns.
The latest trading day saw Wells Fargo (WFC) settling at $94.29, representing a -2.18% change from its previous close.
Wells Fargo (WFC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Wells Fargo (WFC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.