Wells Fargo CFO says trading to be bigger driver of NII

In This Article:

Wells Fargo (WFC) CFO Mike Santomassimo, at the Morgan Stanley US Financials, Payments & CRE Conference 2025, says it is “hard to get too excited” on loan growth changes. The CFO says the bank is not seeing any deterioration in the consumer portfolios and wouldn’t expect too much commercial loan growth for the rest of the year. The executive adds that Wells is seeing a lot of green shoots in the deal business.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See Insiders’ Hot Stocks on TipRanks >>

Read More on WFC:

Disclaimer & DisclosureReport an Issue