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Wells Fargo Q3 Credit Performance Improves, CEO Calls US Economy Resilient
Benzinga· 2025-10-14 22:22
Wells Fargo & Company (NYSE:WFC) reported a net interest income of $11.95 billion on Tuesday, up 2% year over year in the third quarter of 2025.The growth was driven by fixed-rate asset repricing, improved results in the Markets business, and higher investment securities and loan balances, partially offset by changes in the deposit mix.Noninterest income increased 9% to $9.49 billion, driven by higher asset-based fees in Wealth and Investment Management, as well as increased market valuations and investment ...