BRIEF-Wells Fargo Expects 2026 Net Interest Income +/- $50 Billion

Reuters
Jan 14
BRIEF-<a href="https://laohu8.com/S/EOD">Wells Fargo</a> Expects 2026 Net Interest Income +/- $50 Billion

Jan 14 (Reuters) - Wells Fargo &amp; Co WFC.N:

  • 2026 NII EXCLUDING MARKETS IS EXPECTED TO INCREASE FROM 2025

  • Q4 RESULTS INCLUDED $612 MILLION, OR $0.14 PER SHARE, OF SEVERANCE EXPENSE

  • ACHIEVED OUR PRIOR ROTCE TARGET OF 15% AND HAVE SET A NEW MEDIUM-TERM TARGET OF 17-18%

  • Q4 NET INCOME, EXCLUDING A NOTABLE ITEM, OF $5.8 BILLION, OR $1.76 PER DILUTED SHARE

  • 2026 MARKETS NII IS EXPECTED TO INCREASE ON LOWER SHORT-TERM FUNDING COSTS AND GROWTH IN THE BALANCE SHEET

  • OUTLOOK 2026 EXPENSES ABOUT $55.7B - PRESENTATION

  • OUTLOOK 2026 MARKETS NII ABOUT +/- $2B - PRESENTATION

  • OUTLOOK 2026 NET INTEREST INCOME EX-MARKETS +/- $48B - PRESENTATION

  • IN Q3, MOVED ABOUT $8 BILLION LOANS, $6 BILLION DEPOSITS FROM COMMERCIAL BANKING OPERATING UNIT TO CONSUMER & SMALL BUSINESS BANKING

  • OUTLOOK 2026 NET INTEREST INCOME +/- $50B - PRESENTATION

((Reuters.Briefs@thomsonreuters.com;;))

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