Wells Fargo & Company

WFC

US9497461015

Banks

Market Closed - Nyse Other stock markets 02:31:21 17/01/2026 am IST			5-day change	1st Jan Change
88.38 ^USD	-0.65%		-7.89%	-5.17%

03:16am	S&P 500 Posts Slight Weekly Drop as Banks Report Weaker-Than-Expected Q4 Revenue	MT
03:13am	US Equity Indexes Fall This Week Amid Mixed Bank Earnings, Concern Over Fed Independence	MT

Wells Fargo CFO Says Delinquencies Are Trending Down

Published on 10/15/2025 at 01:49 am IST

MT Newswires

Wells Fargo & Company

-0.65%

Wells Fargo (WFC) CFO Mike Santomassimo discusses the bank's earnings and cost-cutting plans on "Bloomberg The Close." Wells Fargo aims to achieve return on tangible common equity of 17% to 18% in the medium term, an increase from its prior guidance of 15%, which the bank has reached.

Bloomberg videos, provided by MT Newswires

Latest news about Wells Fargo & Company

03:16am	S&P 500 Posts Slight Weekly Drop as Banks Report Weaker-Than-Expected Q4 Revenue	MT
03:13am	US Equity Indexes Fall This Week Amid Mixed Bank Earnings, Concern Over Fed Independence	MT
03:06am	Kkr - Global Atlantic and units enters credit agreement with Wells Fargo Bank N.A - SEC filing	RE
02:02am	TREASURIES-US yields rise, set for weekly climb as investors gauge economy, rate path	RE
11:10pm	Homebuilder Confidence Logs Surprise Drop Amid Affordability Concerns, Rising Construction Costs	MT
09:38pm	TREASURIES-US yields climb, poised for weekly rise as investors gauge economic strength	RE
08:46pm	U.S. Home-Builder Sentiment Falls Unexpectedly on Affordability Concerns	DJ
08:31pm	US home builder sentiment eases in January amid affordability constraints	RE
06:59pm	Autonomous Research Adjusts Price Target on Wells Fargo to $107 From $109, Maintains Outperform Rating	MT
04:55pm	Wall Street banks' fourth-quarter earnings in five charts	RE
16/01	Financials Up After Goldman, Morgan Stanley Earnings -- Financials Roundup	DJ
16/01	US Equity Markets Rise on Bank Earnings, AI-Driven Chip Optimism	MT
16/01	Investors bank on US earnings strength as policy noise grows louder	RE
16/01	Wall St Week Ahead-Investors bank on US earnings strength as policy noise grows louder	RE
16/01	Sector Update: Tech Stocks Gain Late Afternoon	MT
16/01	Sector Update: Tech	MT
16/01	DraftKings Shares Rise After Wells Fargo Upgrade	MT
16/01	Lam Research Shares Rise After Wells Fargo Upgrade	MT
16/01	KLA Shares Rise After Morgan Stanley, Wells Fargo Upgrades	MT
16/01	Monolithic Power Systems Shares Rise After Wells Fargo Upgrade	MT
16/01	Analog Devices Shares Rise After Wells Fargo Upgrade	MT
15/01	Goldman Logs Surprise Increase to Fourth-Quarter Profit Amid Investment Banking, Trading Revenue Gains	MT
15/01	Morgan Stanley Fourth-Quarter Results Top Street Views Amid Investment Banking Revenue Surge	MT
15/01	Wells Fargo Launches US Dollar Bond Offering	MT
15/01	Wells Fargo Launches US Dollar Bond Offering	MT

Chart Wells Fargo & Company

Duration

Period

WFC: Dynamic Chart

Company Profile

Wells Fargo & Company is one of the leading American banking groups. Revenues (including intra-group eliminations) break down by activity as follows: - retail banking (43%): sale of standard and specialized banking products and services (mortgage lending, real estate credit, consumer credit, insurance, etc.); - corporate, investment, and market banking (23%); - profit management, brokerage, and pension fund management (18.4%). - commercial banking (15.2%); - other (0.4%). At the end of 2024, the group managed USD 1,371.8 billion in current deposits and USD 912.7 billion in current loans.

Employees

2,05,198

Sector

Banks

Calendar

10/02 - UBS Financial Services Conference

More about the company