Wells Fargo Shares Fall After Fourth Quarter Profit Misses Analyst Estimates
Wells Fargo reported fourth-quarter earnings that fell short of expectations due to high severance costs. The bank issued cautious 2026 interest income guidance.
Insights:
Wells Fargo & Company shares dropped 4.6% to close at $89.25 on Thursday, marking the largest single-day percentage decline in six months for the major lender. The sell-off followed the bank's announcement of fourth-quarter 2025 results that failed to meet Wall Street estimates. Net income for the period reached $5.36 billion, or $1.62 per share, trailing the consensus expectation of $1.67 per share.
