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Wells Fargo Raises Estimates of 2025 Noninterest Expenses
富国银行富国银行(US:WFC) Barrons·2025-10-14 19:16

A sign is posted in front of a Wells Fargo bank office in San Rafael, California. (Justin Sullivan/Getty Images) Wells Fargo raised expectations for 2025 noninterest expenses, which the bank now anticipates will be about 54.6billion.Thatsupfrompriorguidanceofabout54.6 billion. That's up from prior guidance of about 54.2 billion, according to earnings presentation materials posted to the company's website Tuesday. The change reflects higher severance expenses of about 200millionandhigherrevenuerelatedcompensationexpensesofapproximately200 million and higher revenue-related compensation expenses of approximately 2 ...