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 (NYSE: WFC) will report third quarter 2025 earnings on Tuesday, Oct. 14, 2025 with results posted at approximately 7:00 a.m. ET.
The company will hold a live conference call the same day at 10:00 a.m. ET (dial 1-888-673-9782 U.S./Canada or 312-470-7126 international; passcode 8320644#), with a replay available from 1:00 p.m. ET Oct. 14 through Oct. 28 (replay dial 1-800-835-4112 U.S./Canada or 203-369-3829 international; passcode 8792#).
Results, webcast, and replay will be available at Wells Fargo Investor Relations and on the SEC website. Wells Fargo reports about $2.0 trillion in assets and ranks No. 33 on Fortune’s 2025 list.
Wells Fargo Bank (NYSE:WFC) announced a reduction in its prime rate from 7.50% to 7.25%, effective September 18, 2025. The 25 basis point decrease in the prime lending rate reflects changes in the broader interest rate environment and will affect various consumer and business lending products tied to the prime rate.
Wells Fargo (NYSE:WFC) has established a $250 million debt facility with Aequum Capital Financial, a specialty finance lender backed by Castlelake. The strategic financing will bolster Aequum's asset-based lending platform, enabling the company to provide senior debt solutions ranging from $5 million to $35 million to small and medium-sized businesses across the United States.
The facility will support Aequum's expansion through organic growth opportunities, participations, and potential portfolio acquisitions in the specialty finance sector. This partnership validates Aequum's platform strength and institutional backing while positioning the company for continued growth.
Wells Fargo (NYSE:WFC) announced that CFO Mike Santomassimo will present at the Barclays Global Financial Services Conference on September 9, 2025 at 8:15 a.m. ET.
Investors can access the live presentation through Wells Fargo's investor relations website. A replay will remain available for three months after the event.
Wells Fargo (NYSE:WFC) and Aqua Finance have announced a new integrated retail financing program for recreational products. The collaboration involves major OEMs including Brunswick, E-Z-GO, KTM North America, and Winnebago Industries.
The program streamlines dealer operations by combining Aqua's retail financial services with Wells Fargo's inventory floorplan financing. Key features include prequalification links, soft credit checks, competitive pricing, and a digital platform that integrates the entire process from pre-qualification to automatic floor plan settlement.
Wells Fargo (NYSE: WFC) has declared quarterly cash dividends on six series of its preferred stock. The dividends will be paid on September 15, 2025, to stockholders of record as of August 29, 2025.
The declared dividends include: Series L at $18.75 per share (7.50% rate), Series Y at $351.56 per share (5.625% rate), Series Z at $296.88 per share (4.75% rate), Series AA at $293.75 per share (4.70% rate), Series CC at $273.44 per share (4.375% rate), and Series DD at $265.63 per share (4.25% rate).
iHeartMedia (NASDAQ:IHRT) hosted its eleventh annual Z100 Summer Bash, a free concert event presented by Wells Fargo at Public Square & Gardens at Hudson Yards in New York City on August 7, 2025. The event featured performances from notable artists including Lewis Capaldi, Julia Michaels, Dom Innarella, Magnus Ferrell, and Deleasa.
The event was hosted by Z100's on-air personalities, including Elvis Duran and the Z100 Morning Show team. The concert included sponsor activations with interactive booths and exclusive giveaways. Lewis Capaldi made his return to the stage after a two-year hiatus, performing his hits and debuting his new single "Survive" live for the first time.
Wells Fargo (NYSE:WFC) has announced a strategic collaboration with the National Center for the Middle Market (NCMM) at The Ohio State University. The partnership aims to enhance understanding of middle market companies, which generate over $10 trillion in annual revenue and represent one-third of U.S. employment and GDP.
The collaboration will contribute to NCMM's research reports, including their Middle Market Indicator (MMI). The latest MMI report reveals that while revenue growth remains strong, it's at its lowest since the pandemic, with decreased hiring needs and lower economic confidence. Key challenges identified include inflation, economic uncertainty, and trade policy impacts.
Wells Fargo (NYSE: WFC) has announced its Board of Directors' intention to appoint CEO Charlie Scharf as Chairman of the Board, with plans to name a Lead Independent Director to maintain independent oversight. The Board has also granted Scharf a significant one-time special equity award worth $30 million in Restricted Share Rights and 1,046,000 Stock Options.
The equity award recognizes Scharf's leadership in transforming Wells Fargo, including strengthening risk controls, improving reputation, achieving regulatory milestones, and delivering strong financial performance. The award will vest over the fourth, fifth, and sixth anniversaries of the grant date, aligning with long-term shareholder value creation.
Wells Fargo (NYSE:WFC) has announced a significant increase in its quarterly dividend payment. The company's board of directors has approved a quarterly common stock dividend of $0.45 per share, representing a 12.5% increase ($0.05 per share) from the previous quarter. The dividend will be paid on September 1, 2025, to stockholders of record as of August 8, 2025.