Wells Fargo (WFC) Q2 2025 Earnings Call Transcript
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Wells Fargo (NYSE:WFC) reported sequential and annual gains in net income and earnings per share in Q2 2025, supported by expense discipline and diversified loan growth. Management highlighted that the removal of the asset cap provides significant new capacity for deposit and balance sheet expansion, which had been constrained in previous years, including since 2019. The company intends to use this flexibility for both targeted growth strategies and continued shareholder returns, including a planned dividend increase and newly authorized $40 billion share repurchase program. Investment banking and fee-based revenue momentum offset lower net interest income attributable to capital reallocation toward markets activity.
Source Fool.com
