NEW YORK, Jan 10, 2026, 14:06 EST — Market closed
- Shares of Wells Fargo ended Friday up 0.37%, closing at $95.95.
- Next week brings a U.S. inflation report alongside a batch of major bank earnings.
- Traders have their eyes on net interest income and credit signals heading into 2026.
Wells Fargo & Company shares edged higher on Friday, closing up 0.37% at $95.95. The stock finished the week on a stronger note as investors looked ahead to upcoming catalysts. Year-to-date, Wells Fargo has gained roughly 0.8%. (Nasdaq)
The timing is critical: a major inflation report drops just as U.S. banks roll out their earnings. JPMorgan Chase kicks off the reporting season on Tuesday, with Citigroup, Bank of America, and Wells Fargo following the next day. Traders will be scanning these results for clues on consumer demand. (Reuters)
Friday’s mood was clearly risk-on. U.S. stocks hit record highs following a December payrolls report that came in softer than expected. Meanwhile, two-year Treasury yields climbed to 3.538%, underscoring how quickly rate forecasts can shift—and how those swings often ripple through bank stocks. “Payrolls were a little bit light relative to consensus, but still fairly strong numbers,” noted Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder in New York. (Reuters)
Wells Fargo plans to report its fourth-quarter 2025 earnings on Jan. 14, according to its investor relations page. Investors will be focused on the bank’s outlook for loan growth, cost management, and credit conditions as it approaches 2026. (Wellsfargo)
Analysts are anticipating a strong quarter, driven by a rebound in investment-banking activity and more stable interest income, even as forecasts rise. A Reuters look at estimates cited by The Economic Times suggests Wells Fargo’s earnings per share could jump roughly 17.5% compared to last year. The report also highlights a resurgence in dealmaking and trading that’s buoying the sector. Sean Dunlop, an analyst at Morningstar, told Reuters: “We still expect solid U.S. GDP growth in nominal terms and do not pencil in a recession,” but noted inflation remains the key variable.
Net interest income reflects the gap between what a bank earns from loans and securities versus what it shells out for deposits and other funding. This figure can swing rapidly as yields fluctuate or as banks face pressure to raise deposit rates amid competition for funding.
Traders on earnings calls will zero in on credit costs and delinquencies — late payments providing a snapshot of household health. Fee lines also draw attention, particularly in wealth management and investment banking, where sentiment can quickly shift if markets falter.
Wells Fargo touched $97.76 earlier this month but dropped to close at $94.29 just two sessions later, creating a narrow range that traders are watching closely. The stock’s next move—whether it breaks above that early-January peak or slips back toward the mid-$94s—could depend more on guidance than the headline earnings. (StockAnalysis)
Still, the situation works both ways. A strong CPI reading might push investors to question rate cuts and weigh on banks. On the flip side, any slip in credit or expenses could trigger a bigger reaction, especially with so much positive news already priced in.
Coming next: the U.S. CPI figures on Jan. 13, then Wells Fargo’s quarterly earnings on Jan. 14.
