Wells Fargo Signals $50 Billion Net Interest Income Outlook as NIM Expected to Stabilize in Q4
Wells Fargo (NYSE: WFC) signaled a net interest income outlook of approximately $50 billion and expects its net interest margin (NIM) to stabilize by the fourth quarter. CEO Charles Scharf highlighted strong performance across all operating segments, with revenue up 9% and diluted earnings per share reaching $2 in Q2.
Tickers: $WFC
Topics: banking financials net_interest_income revenue_growth