Wells Fargo’s asset cap removal, strong earnings, and $40B buyback plan position it for growth and higher returns despite ...

When the Federal Reserve in June lifted the $1.95 trillion asset cap it imposed on Wells Fargo back in 2018 as punishment for a widespread scandal involving the creation of fake customer accounts, CEO ...

Wells Fargo said its profit rose in the second quarter, in which a years-long restriction on growth at the bank was lifted by ...

A jump in fee income helped the San Francisco-based bank boost second-quarter earnings per share by 20% from a year ago.

Bank leaders pose at their first earnings call since federal regulators ended the $2 trillion asset cap tied to a bank sales ...

Wells Fargo beat second-quarter profit estimates on Tuesday but cut its 2025 guidance for net interest income, dropping ...

Wells Fargo & Co. just did something it hasn’t been able to do for more than seven years: Cross the $1.95 trillion asset mark ...

Wells Fargo reported a rise in profits for the second quarter as it allocated less for potential bad loans. Despite a setback ...

The asset cap cost Wells Fargo 2.2% of aggregate bank deposits, said Siddharth Vij, assistant professor of finance at Terry College of Business at the University of Georgia.

The asset cap was Wells Fargo 's biggest penalty stemming from the 2016 scandal. From 2002 to 2016, hundreds of thousands of Wells Fargo 's Community Bank employees opened millions of unauthorized ...

On June 3, the Federal Reserve lifted Wells Fargo’s asset cap tied to 2018 consent order. Goldman Sachs estimates up to 19% EPS upside through 2026. From tariffs to inflation, macro risks are ...