The bank paired better-than-expected results with a more optimistic profit outlook.
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We think that Wednesday's drop in shares of Wells Fargo is more reflective of profit-taking than concerns about the year ahead.
Analyst David George downgraded the bank.
Wells Fargo revealed its top picks coming out of earnings.
The Federal Reserve lifted its total asset restrictions on Wells Fargo last June, allowing the bank to chase growth.
"Not a great quarter." That's how Jim Cramer on Tuesday summed up another lackluster quarter from Wells Fargo.
Private credit risks, mass AI adoption and the U.S.-Iran war have all weighed on banks in 2026.
