Wells Fargo stock today: WFC wobbles after earnings miss, interest-income outlook back in the spotlight
Wells Fargo shares slipped 0.3% to $89.00 Thursday morning after a 4.6% drop Wednesday, triggered by weaker-than-expected Q4 profit and net interest income. The bank took a $612 million severance charge and projected 2026 interest income below analyst estimates. Wells Fargo repurchased $5 billion in shares in Q4 and outlined new profitability targets. Investors remain focused on credit card rate policy risks.