Wells Fargo, Net Interest Income and Cuts Guidance
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Wells Fargo is expanding its healthcare team within its commercial bank and aims to hire more people at a time when the $1.95 trillion asset cap on the bank has been lifted.
Shares of Wells Fargo & Co. fell in early Tuesday, after the bank reported second-quarter profit and revenue that rose above expectations but missed on net interest income (NII) and cut its full-year growth outlook.
Wells Fargo on Tuesday lowered its outlook net interest income, a key measure of profitability, sending shares lower.
Two more Wells Fargo customers got thousands of dollars back that they lost during an elaborate scheme. The Daily Show host had some important words for MAGA supporters upset with Donald Trump's reversal on releasing the Epstein files.
Wells Fargo only derived 56% of its Q2 2025 revenues from net interest income, highlighting the bank's topline resilience in the face of looming Fed
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Why Wells Fargo (WFC) Shares Are Falling TodayShares of financial services giant Wells Fargo (NYSE:WFC) fell 6.1% in the afternoon session after the bank cut its full-year guidance for net interest income. Despite beating Wall Street's second-quarter profit and revenue estimates,
Wells Fargo reported earnings of $1.60 per share on revenue of $20.8 billion for the second quarter, beating Wall Street estimates for profit of $1.41 and revenue of $20.7 billion. The bank said it benefited from a gain of $253 million,
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FOX 26 Houston on MSN2 more Wells Fargo customers get thousands back that they lost in an elaborate schemeThe schemes targeting 52-year-old Paul Schendel and Scott Merovitch are almost identical. Both got phone calls with caller ID that read Wells Fargo.
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