With the odds of a potential rate cut gathering steam in September, Wells Fargo said that it favors high-quality investments that are not dependent on rate cuts, such as U.S. intermediate term taxable ...
Wells Fargo & Co.’s head muni strategist Vikram Rai says the tax-exempt status of bonds sold by state and local governments could be in jeopardy regardless of who wins the US elections in November.
Wells Fargo Investment Institute’s strategy team has raised forecast targets for U.S. economic growth, global fixed income, and several equity indices. In addition, extra economic strength, and new ...
High interest rates were expected to weigh on demand from borrowers Credit loss provisions drop, boosting quarterly profit growth Investment banking fees rise 9% due to higher advisory fees Firm plans ...
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 approximately ...
Wells Fargo & Company WFC has reported its first-quarter 2025 adjusted earnings per share of $1.27, which surpassed the Zacks Consensus Estimate by 3.3%. In the prior-year quarter, the company ...
July 12 (Reuters) - Wells Fargo's (WFC.N), opens new tab second-quarter profit declined and the lender missed analysts' estimates for interest income on higher deposit costs amid intense competition ...
Wells Fargo & Company’s WFC second-quarter 2025 adjusted earnings per share of $1.54 surpassed the Zacks Consensus Estimate of $1.41. In the prior-year quarter, the company reported earnings per share ...