Wells Fargo's said average loans outstanding in Q3 rose 2% from a year ago to $928.7 billion, the first time the portfolio grew since Q2 2023. Among the drivers of the growth was higher commercial and ...
Mortgage borrowers filed a third amended class action complaint against the bank over modification issues from 2010 to 2015.
Wells Fargo remains one of the largest and most recognized banks in the United States, with a presence in all 50 states and more than 4,700 branch locations. The bank offers a broad suite of financial ...
Management stated, "We currently expect net interest income for 2025 to be roughly in line with full year 2024 net interest income of $47.7 billion." The CFO explained that the main driver for the ...
Wells Fargo continues to whittle away at its pile of shaky office loans while beating earnings estimates, but Wall Street investors aren’t impressed. The bank cut the value of its nonaccruing ...
NEW YORK (Reuters) -U.S. consumer loan growth is likely to remain muted for the rest of the year and could potentially slide, Wells Fargo Chief Financial Officer Mike Santomassimo said on Tuesday. "I ...
The regulatory shackles are off at Wells Fargo, but that new reality doesn't necessarily mean that rapid growth is in the offing. Though the bank's assets climbed above their longtime $1.95 trillion ...
Wells Fargo is closing all of its existing personal lines of credit, sparking outrage from consumers and advocates. A spokesperson for the bank said Wells Fargo made the decision last year as part of ...
Wells Fargo will pay a $1 billion fine to settle claims that it had taken advantage of mortgage and auto loan customers. Federal regulators also... Wells Fargo Fined $1 Billion Over Mortgage And Auto ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Wells Fargo plans to spend less ...
Wells Fargo reported Q4 and full-year 2025 results, missing both revenue and NII consensus estimates, despite strong ...
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