Welcome to our dedicated page for Wells Fargo & news (Ticker: WFC), a resource for investors and traders seeking the latest updates and insights on Wells Fargo & stock.
Wells Fargo & Company reports developments across a diversified financial services business that provides banking, investment and mortgage products and services, plus consumer and commercial finance. Company updates commonly reference its four operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management.
Recurring news includes quarterly earnings releases, common stock dividends, credit card rewards and travel-transfer partnerships, digital banking features such as the Wells Fargo Mobile app and Fargo virtual assistant, and community investments tied to housing, workforce training and small business growth. Wells Fargo also publishes consumer finance research through its Money Study.
Wells Fargo (WFC) announced it is decreasing its prime rate to 6.75% from 7.00%, effective Dec. 11, 2025. The change was announced Dec. 10, 2025, and takes effect the next day.
This is a bank-level adjustment to the published prime rate; customers with products tied to prime should consult their loan or account terms for any impact.
Wells Fargo Investment Institute (WFC) released its 2026 Outlook: Trendlines over headlines, forecasting macro and market targets and favored portfolio themes.
Key numeric forecasts: U.S. GDP 2.4% (2026), consumer price inflation 2.8% (2026), S&P 500 price target 7,400–7,600 (2026), and federal funds rate 3.00%–3.25% (2026). WFII favors U.S. large- and mid-cap equities, industrials, precious metals, a full international equity allocation, intermediate (3–7 year) investment-grade bonds, select alternatives and private capital, and continued tech/AI exposure with valuation discipline.
The report highlights potential tailwinds from tax incentives, Fed rate cuts, deregulation, and rising tech spending while warning about market volatility and investment risks.
Wells Fargo (NYSE: WFC) survey (Oct 30–Nov 3, 2025; n=2,010) finds younger generations driving a shift to digital holiday gifts and tips.
Key findings: Gen Z (32%) and Millennials (28%) lead in preferring to give digital cash; 45% of Gen Z and 42% of Millennials prefer receiving digital payments. Overall, 65% prefer to give physical gifts; 54% give gift cards. 60% plan year-end bonuses/tips for service workers; median tip is $50. The release highlights Zelle as a common digital payment option.
EquipmentShare closed a $2.75 billion asset-based senior secured revolving credit facility on December 3, 2025 with Wells Fargo as administrative agent and lead lender.
The facility replaces the prior asset-based credit facility, extends maturity to 2030, and was arranged by a syndicate including Citibank, Truist, Citizens, Fifth Third, SMBC and others, with Wells Fargo highlighting support for EquipmentShare's growth, technology investment, and strategic plans.
Wells Fargo (NYSE: WFC) announced that Chairman and CEO Charlie Scharf will present at the Goldman Sachs Financial Services Conference on Tuesday, Dec. 9, 2025 at 8:00 a.m. ET. The presentation will be available via a live webcast and a replay will be accessible for three months after the event.
Wells Fargo reported approximately $2.1 trillion in assets and operates four reportable segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. The company ranked No. 33 on Fortune’s 2025 list of America’s largest corporations.
Wells Fargo (NYSE:WFC) named Saul Van Beurden, currently CEO of Consumer and Small Business Banking, to lead Artificial Intelligence across the company and appointed Kleber Santos, currently CEO of Consumer Lending, as co-CEO of Consumer Banking and Lending with Van Beurden effective November 20, 2025.
The move formally combines Consumer Banking and Consumer Lending leadership while allowing Van Beurden to dedicate a meaningful portion of time to AI. Management highlights include training over 90,000 employees and deploying AI tools to over 180,000 desktops.
Wells Fargo (NYSE: WFC) declared quarterly cash dividends on six series of preferred stock, each payable on Dec. 15, 2025 to holders of record as of the close of business on Nov. 28, 2025.
- Series L (7.50% convertible): $18.75 per share; trading symbol WFCPrL.
- Series Y (5.625%): $351.56 per share (equals $0.35156 per depositary share); trading symbol WFCPrY.
- Series Z (4.75%): $296.88 per share (equals $0.29688 per depositary share); trading symbol WFCPrZ.
- Series AA (4.70%): $293.75 per share (equals $0.29375 per depositary share); trading symbol WFCPrA.
- Series CC (4.375%): $273.44 per share (equals $0.27344 per depositary share); trading symbol WFCPrC.
- Series DD (4.25%): $265.63 per share (equals $0.26563 per depositary share); trading symbol WFCPrD.
Wells Fargo (NYSE:WFC) announced that JetBlue is now a Rewards Points Transfer partner, effective November 4, 2025. Eligible Wells Fargo credit cardholders can link a JetBlue TrueBlue® account and transfer points at a 1:1 ratio with no minimum balance and no waiting period.
The transfer feature is available exclusively online and applies to the Wells Fargo Autograph® Card, Wells Fargo Autograph Journey℠ Card and select legacy consumer points-based cards and advisor Visa Signature cards. Once transferred, points are subject to JetBlue TrueBlue participating transfer partner terms.
For linking and transfer instructions, visit https://www.wellsfargo.com/rewards/.
Wells Fargo (NYSE: WFC) announced on November 3, 2025 a 10-year milestone for its Sponsored Vehicle Donation Program supporting veterans. Since 2015, Wells Fargo Auto and Commercial Auto have donated more than 135 vehicles and provided family and financial mentoring valued at over $4.5 million to veterans, Gold Star families, and veteran nonprofits. Program graduates have paid down an average of $50,000 in pre-existing debt; total debt paid off by Transportation4Heroes graduates is $3,226,386. The company highlighted dealer and nonprofit partnerships and pointed to ongoing mentoring and community support efforts.
Wells Fargo (NYSE: WFC) announced that Chief Financial Officer Mike Santomassimo will present at the BancAnalysts Association of Boston Conference on Thursday, Nov. 6, 2025 at 8:10 a.m. ET. The presentation will be webcast live and a replay will be available for three months after the event. Investors can access the live webcast via the company's investor relations events page.