Wells Fargo & Company

WFC

US9497461015

Banks

Market Closed - Nyse Other stock markets 04:00:02 2025-12-16 pm EST			5-day change	1st Jan Change
92.19 ^USD	-0.76%		+3.71%	+31.25%

10:35pm	Shares meander after US jobs data, oil jumps on Venezuela blockade	RE
Dec. 16	Freddie Mac Names Kenny M. Smith as Next Chief Executive -- Update	DJ

Wells Fargo Sees Strength in US Consumer, CFO Says

Published on 01/15/2025 at 04:47 pm EST - Modified on 01/15/2025 at 05:02 pm EST

MT Newswires

Wells Fargo & Company

-0.76%

Wells Fargo (WFC) Chief Financial Officer Mike Santomassimo speaks about what is driving the company's growth and loan demand. He says the US consumer in strong and they'll be hiring client-facing roles. The bank reported net interest income for the fourth quarter that beat the average analyst estimate. He appears on "Bloomberg The Close."

Bloomberg videos, provided by MT Newswires

Latest news about Wells Fargo & Company

10:35pm	Shares meander after US jobs data, oil jumps on Venezuela blockade	RE
Dec. 16	Freddie Mac Names Kenny M. Smith as Next Chief Executive -- Update	DJ
Dec. 16	Freddie Mac Selects Kenny M. Smith as Board Member, Effective December 17	CI
Dec. 16	FTSE 100 dips as BP and Shell fall amid oil slide	AN
Dec. 16	Gap shares rise 2% premarket after Wells Fargo upgrade	RE
Dec. 15	U.S. Home-Builder Sentiment Inches Up Again	DJ
Dec. 15	US homebuilder sentiment inches up to eight-month high December	RE
Dec. 15	Evercore ISI Adjusts PT on Wells Fargo & Co. to $107 From $101, Maintains Outperform Rating	MT
Dec. 12	Overall Spreads Remain Tight Even As Oracle Debt Risk Jumps	MT
Dec. 12	Wells Fargo & Company Announces Redemption of Its Floating Rate Junior Subordinated Deferrable Interest Debentures	CI
Dec. 12	RBC Raises Price Target on Wells Fargo to $100 From $88, Keeps Outperform Rating	MT
Dec. 12	Wells Fargo hiring spree fuels investment banking ambitions	RE
Dec. 11	Apollo Weighs Sale or IPO of Membership Club Operator Invited	MT
Dec. 11	Apollo explores $3 billion-plus exit of membership club operator Invited, sources say	RE
Dec. 10	US bank regulator says large banks engaged in 'debanking' of disfavored industries	RE
Dec. 10	HNI Corporation completed the acquisition of Steelcase Inc..	CI
Dec. 10	MoneyGram Appoints Marc Winniford as Chief Financial Officer, Effective February 2026	CI
Dec. 09	US bank executives say AI will boost productivity, cut jobs	RE
Dec. 09	Sector Update: Financial Stocks Decline Late Afternoon	MT
Dec. 09	Sector Update: Financial Stocks Decline Tuesday Afternoon	MT
Dec. 09	Sector Update: Financial	MT
Dec. 09	Wells Fargo expects more job cuts, will roll out AI gradually in 2026	RE
Dec. 09	Wells Fargo CEO Charlie Scharf Expects Company Headcount to Decline; Partly Caused by AI	MT
Dec. 09	Piper Sandler Adjusts Wells Fargo Price Target to $100 From $93, Maintains Overweight Rating	MT
Dec. 09	Wells Fargo & Company Presents at Goldman Sachs 2025 U.S. Financial Services Conference, Dec-09-2025 08:00 AM

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

210,821

Sector

Banks

Calendar

Jan. 14 - Q4 2025 Earnings Release

More about the company