Shares of Wells Fargo fell on Tuesday after the lender reported first-quarter net interest income that came in below Wall Street expectations, highlighting the near-term pressure from lower interest rates even as broader fundamentals remained stable. The stock dropped about 4.9% following the results, extending its year-to-date decline to roughly 13%.
Wells Fargo (WFC) came out with quarterly earnings of $1.56 per share, missing the Zacks Consensus Estimate of $1.58 per share. This compares to earnings of $1.27 per share a year ago.
Wells Fargo is positioned for a unique catalyst with the June 2025 asset cap removal, enabling significant balance sheet expansion. WFC guides for 2026 NII around $50B and 4-6% loan and deposit growth, with upside potential if rates remain higher than expected. Buybacks have accelerated post-asset cap, with $5B per quarter acting as a share price floor, but CET1 ratio and credit provisions must be monitored.
Evaluate the expected performance of Wells Fargo (WFC) for the quarter ended March 2026, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
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) closed the most recent trading day at $81.85, moving +1.55% from the previous trading session.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Wells Fargo (WFC) have what it takes?
Zacks.com users have recently been watching Wells Fargo (WFC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Markets may feel fragile amid the ongoing Iran conflict, but Wells Fargo CEO Charlie Scharf argues that Main Street's economic indicators tell a different story.
WFC faces near-term pressure from steady rates and inflation, but regulatory relief, AI investments and capital returns support a balanced long-term outlook.
In the closing of the recent trading day, Wells Fargo (WFC) stood at $77.19, denoting a -2.32% move from the preceding trading day.
Wells Fargo (WFC) closed at $77.6 in the latest trading session, marking a +1.58% move from the prior day.