WFC · News · 20260929N

Balance Sheet and Liquidity

WELLS FARGO & COMPANY/MN · 2026-09-29 · Importance 47 · Surprise 60 · In source text

S&P Global Ratings upgraded Wells Fargo’s long-term issuer credit rating to A- from BBB+. The upgrade followed improvements in governance, risk culture, and operational oversight. Termination of the Federal Reserve asset cap permits balance-sheet growth and increased client engagement. S&P expects Wells Fargo’s accelerated balance-sheet growth to moderate while maintaining a stable outlook.

Key facts

• Analysts are expecting Wells Fargo revenue of $22.34 billion for Q3. source
• Wells Fargo & Company is set to release its Q3 earnings before the opening bell on Tuesday, October 13th. source
• Wells Fargo recently named Scott Powell as its new chief risk officer. source
• Analysts are expecting Wells Fargo earnings of $1.85 per share for Q3. source
• S&P noted the termination of the Fed asset cap allows for balance sheet growth and increased client engagement at Wells Fargo. source
• S&P expects Wells Fargo's accelerated balance sheet growth to moderate while maintaining a stable outlook. source
• A report states Wells Fargo offers a 2.27% dividend yield. source
• One article cited Wells Fargo's current price at $83.15 and an analyst consensus price target of $100.46. source

Impact estimates