Wells Fargo's projection assumes that there will only be two to three cuts in the fed funds rate and the 10- year Treasury will remain relatively stable in 2026, according to a company earnings presentation. Net interest income, a key metric for banks, is the difference between what a bank earns on interest-bearing assets and pays in interest on customer deposits. Wells Fargo said it expects net interest income to rise to about $50 billion in 2026 from approximately$47.5 billion in 2025 thanks to a growing ...