New York, Jan 31, 2026, 14:26 ET — The market has closed.
- Wells Fargo shares ended Friday at $90.49, slipping 0.17%.
- A recent SEC filing revealed CEO Charlie Scharf’s 2025 compensation will total $40 million.
- Monday’s focus: traders eye rates and U.S. data that could shift bank margins.
Wells Fargo & Company shares edged down 0.17% on Friday, finishing at $90.49. The stock fluctuated between $89.75 and $91.05 during the session, with roughly 18.3 million shares traded. (Yahoo Finance)
Heading into next week, investors are weighing two key factors: if the bank’s cleanup efforts will translate into stronger earnings, and how shifts in interest rates will impact the margins of major lenders. Timing is crucial—proxy season is just around the corner, and bank stocks are once again reacting sharply to rate moves, sometimes minute by minute.
Wells Fargo disclosed in an 8-K on Thursday that its independent directors have signed off on $40 million in total compensation for Chairman and CEO Charles W. Scharf for the 2025 performance year. The filing detailed the package and included the board’s reasoning, highlighting advancements in regulatory matters and shareholder returns. (Securities and Exchange Commission)
Reuters noted the award marked a 28% jump from the previous year, placing Scharf’s pay in line with other top Wall Street executives after a strong sector performance. Goldman Sachs CEO David Solomon saw his compensation climb 21% to $47 million for 2025, while JPMorgan Chase CEO Jamie Dimon earned just over a 10% increase, reaching $43 million, Reuters reported. (Reuters)
Stocks slid Friday as President Donald Trump announced Kevin Warsh as Jerome Powell’s successor to lead the Federal Reserve. The move prompted a quick rethink on interest rate expectations and the dollar’s trajectory. (Reuters)
Rate talk remains the key risk factor for banks. Fed Vice Chair for Supervision Michelle Bowman said she continues to expect borrowing costs to drop and called the labor market “fragile.” She also suggested any pause in rate cuts will likely be short-lived. (Reuters)
The upcoming catalysts are macroeconomic, not tied to any company. Investors will focus on U.S. labor-market data and other reports next week that could shift Treasury yields. These yields directly affect the spread banks earn—what they make on loans minus what they pay on deposits—a key driver of net interest income. (Trading Economics)
Friday’s session saw mixed results among the big banks, highlighting the selective approach investors are taking. JPMorgan slipped, Bank of America nudged up, and Morgan Stanley posted gains, while Wells Fargo drifted down, according to MarketWatch data. (MarketWatch)
Wells Fargo’s stock remains spread out, having oscillated between $58.42 and $97.76 in the last 52 weeks. Despite a recent bounce in some financial shares this month, it hasn’t reached the upper range yet. (Investing)
However, the pay filing highlights potential risks. Large compensation packages may trigger shareholder backlash, while the bank’s earnings outlook is vulnerable to quicker-than-anticipated rate cuts or shifts in credit costs should growth slow down.
Investors are eyeing April 14, 2026, marked on Wells Fargo’s investor relations page as the day the bank plans to release its first-quarter results. (Wellsfargo)
Monday’s open will hinge on rates and risk appetite: if yields stabilize following the Fed-chair nomination shock, and if economic data either support or challenge the market’s expectations for cuts.
