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Wells Fargo Investment Institute’s strategy team has raised forecast targets for U.S. economic growth, global fixed income, and several equity indices.
Christopher Harvey, head of equity strategy for Wells Fargo Securities LLC, has left the firm.
Wells Fargo's net interest income (NII) fell about 7% to $11.84 billion in the quarter compared with a year earlier, hurt by lower rates on floating rate assets and lower loan balances.
Stock Ideas Long Ideas Financials Wells Fargo: Outrage Is Not A Strategy Sep. 15, 2016 7:32 AM ETWells Fargo & Company (WFC) StockWFC81 Comments Ivan K. Wu 1.22KFollowers ...
Wells Fargo & Co. lowered its full-year guidance for net interest income after another quarter of tepid growth amid the ongoing trade war. The bank’s shares slumped.
Wells Fargo now expects 2025 net interest income to be “roughly in line” with 2024 net interest income of $47.7 billion, compared with previous guidance provided in April of about 1% to 3% growth.
Wells Fargo said Tuesday that it expects 2025 net interest income to be roughly in line with the $47.7 billion of net interest income it brought in 2024. The bank previously expected an ...
July 15 (Reuters) - Wells Fargo (WFC.N) beat second-quarter profit estimates on Tuesday but cut its 2025 guidance for net interest income, dropping shares of the lender by more than 5%.