Wells Fargo & Co

WFC: XNYS (USA)
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Wells Fargo Earnings: Shares Down 6% As Management Revises 2025 NII Guidance Downward

Wells Fargo reported a decent set of numbers, resulting in second-quarter earnings of $1.60 per share, equating to an annualized ROTE of 15.2%. The bank reported for the first time since the asset cap was removed, but we haven't seen cap removal materialize into balance sheet growth yet.

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