financetom
Business
financetom
/
Business
/
Wells Fargo says net interest income to be in low end of 2025 range
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Wells Fargo says net interest income to be in low end of 2025 range
Apr 11, 2025 7:56 AM

By Arasu Kannagi Basil

NEW YORK, April 11 (Reuters) - Wells Fargo ( WFC )

expects net interest income could be in the low end of the 2025

forecast, its chief financial officer told an analysts call.

"We currently expect our full year 2025 net interest income

to be in the low end of the range, still early in the year, and

clearly we are entering a period with more volatility," Michael

Santomassimo said.

Wells Fargo ( WFC ) in its presentation had earlier reiterated its

prior forecast that annual interest income would rise between 1%

and 3% in 2025.

(Reporting by Saeed Azhar and Arasu Kannagi Basil)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
United Parks' Shareholders Approve $500 Million Share Buyback Plan
United Parks' Shareholders Approve $500 Million Share Buyback Plan
Sep 5, 2025
09:28 AM EDT, 09/05/2025 (MT Newswires) -- United Parks & Resorts ( PRKS ) said Friday its shareholders have approved a $500 million repurchase program. The buyback plan is subject to the qualification that United Parks will not repurchase more shares if Hill Path's stake in the company would, as a result of any repurchase, equal or surpass 70%, the...
TIFF 2025: Carney, Canadian actors honor hometown comedy legend John Candy
TIFF 2025: Carney, Canadian actors honor hometown comedy legend John Candy
Sep 5, 2025
TORONTO, Sept 5 (Reuters) - At a time of heightened patriotism in Canada, the Toronto International Film Festival kicked off its 50th edition with a documentary honoring Canadian comedian John Candy. The world premiere of John Candy: I Like Me on Thursday evening had the audience, including Prime Minister Mark Carney, rolling with laughter remembering the comedy legend's classic characters...
Greece-based Imperial Petroleum's Q2 revenue falls 22.8%
Greece-based Imperial Petroleum's Q2 revenue falls 22.8%
Sep 5, 2025
Overview * Imperial Petroleum Q2 25' rev declines 22.8% yr/yr due to weaker market rates * Co expands fleet from 12 to 19 vessels, boosting operational capacity Outlook * Company expects favorable market rates for tankers and drybulk carriers in H2 2025 * Company plans to utilize fleet at full speed in H2 2025 Result Drivers * FLEET EXPANSION -...
Aurion to Sell Units to Kinross in Over $743,000 Placement, Kinross to Maintain 9.99% Stake
Aurion to Sell Units to Kinross in Over $743,000 Placement, Kinross to Maintain 9.99% Stake
Sep 5, 2025
09:42 AM EDT, 09/05/2025 (MT Newswires) -- Aurion Resources ( AIRRF ) said Friday it will sell 885,000 units to Kinross Gold ( KGCRF ) (K.TO, KGC) in a non-brokered private placement for $743,400, allowing Kinross to maintain its ownership position of 9.99% on a partially diluted basis. Aurion earlier announced a non-brokered placement of 11.1 million units at $0.84...
Copyright 2023-2026 - www.financetom.com All Rights Reserved