Q2 Earnings Snapshot
Digest more
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
1d
Stocktwits on MSNWells Fargo Stock Tumbles After Tepid Q2 Results, Guidance Cut For Net Interest IncomeShares of Wells Fargo & Co. (WFC) tumbled on Tuesday morning after the bank posted tepid performance in the second quarter. Wells Fargo’s shares were down nearly 5% at the time of writing. The San Francisco-based bank reported earnings per share (EPS) of $ 1.
Wells Fargo beat Q2 earnings estimates with $1.60 EPS, lifted by strong fee income, while net interest income declined and guidance was lowered.
US banking giants beat Q2 forecasts as investment banking rebounds, though concerns remain over trade policy and macroeconomic conditions.
Wells Fargo & Company (NYSE:WFC) reported better-than-expected top and bottom line for the second quarter, but its net interest income (NII) fell short of expectations, pushing its shares slightly lower in the premarket trade Tuesday.
Wells Fargo cut its 2025 net interest income forecast after a Q2 miss on margin, despite posting better-than-expected earnings and revenue for the quarter.
JPMorgan Chase and Wells Fargo saw a surge in mortgage originations in Q2 2025, but the gains in volume came with lower margins.
US banking giant Wells Fargo said on Tuesday that profits had grown in Q2 but still opted to lower expectations for its annual interest income performance.
The CBJ will recognize top projects in commercial real estate completed between July 1, 2024 to June 30, 2025 in the Charlotte region. The entire team - from developer to architect to law firm to financier - will be recognized in a special report and celebrated at an awards dinner in October. Submit your nomination today!
Michael Santomassimo, Wells Fargo CFO, joins 'Money Movers' to discuss the company’s earnings, the change in interest rates impact on business and loan growth.