Wells Fargo & Co
WFC: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ?f | LOCK|$$L | LOCK|D!#&$l |
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.
