Wells Fargo, interest income
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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. In 2025, the size of the team grew by more than 30% as it added more than five employees across the country.
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
Wells Fargo on Tuesday lowered its outlook net interest income, a key measure of profitability, sending shares lower.
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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Investors are eager to learn more about the bank’s growth plans and priorities since the Fed's punitive asset cap has been lifted.
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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.
The bank’s financial report revealed that Wells Fargo’s total allowance for credit losses (ACL) increased modestly by $16 million, yet the allowance coverage ratio for total loans declined slightly by three basis points from the second quarter of 2024 and one basis point from the first quarter of 2025.
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