Wells Fargo Says Customers, Economy Remain Resilient -- Market Talk

Dow Jones
01/15

1406 ET - Wells Fargo CEO Charlie Scharf says the bank is actively tracking credit metrics, such as early stage delinquencies, and consumer behaviors, including direct deposit amounts and overdraft activity, to monitor the health of its customers. Currently, everything looks good. "We've not observed meaningful shifts in trends," Scharf says on a call with analysts. "The economy and our customers remain resilient." The bank, America's third largest by market cap, had 4Q misses on both net income per share and revenue, and that's weighing on the stock. Wells Fargo is off 5%. (connor.hart@wsj.com)

(END) Dow Jones Newswires

January 14, 2026 14:06 ET (19:06 GMT)

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