Wells Fargo CFO Projects Stronger 2026 Loan Growth
Wells Fargo expects 2026 loan growth to exceed previous forecasts amid healthy consumer spending and stable credit trends. CFO Mike Santomassimo noted that the economy continues expanding without any notable deterioration in delinquencies.
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Wells Fargo & Co projects higher loan growth for 2026 alongside strong consumer health in the United States, signaling robust economic expansion. CFO Mike Santomassimo delivered the upbeat outlook during a Tuesday morning investor conference. Shares rose 3% in morning trading as the comments eased concerns over elevated borrowing costs.
