Wells Fargo misses Q4 revenue estimates

Watch on YouTube ↗  |  January 14, 2026 at 12:13  |  1:49  |  CNBC
Speakers
Leslie Picker — Chief Correspondent, CNBC
Charlie Scharf — CEO, Wells Fargo

Summary

CNBC's Leslie Picker reports that Wells Fargo missed Q4 revenue and net interest income estimates, with shares moving lower. The quarter showed a slight noninterest income miss, lighter-than-expected provisions, and 2026 NII guidance implying a slight increase over 2025. CEO Charlie Scharf highlighted strong 2025 results, removal of the Fed asset cap, terminated consent orders, and greater ability to grow the balance sheet.

  • Wells Fargo released Q4 results with a slight top-line miss.
  • Net interest income missed estimates, and shares moved lower.
  • Noninterest income rose about 5% but also slightly missed estimates.
  • Provisions for credit losses were lighter than expected.
  • 2026 NII guidance is around $50 billion, implying a slight increase over 2025.
  • CEO Charlie Scharf cited removal of the Fed asset cap and consent-order terminations.
  • The company said it can now compete on a level playing field and grow its balance sheet.
Ideas
Leslie Picker Chief Correspondent, CNBC 0:20
Wells Fargo mixed quarter, asset-cap growth optionality
Wells Fargo reported Q4 revenue and net interest income misses, with shares lower as the market digested results; noninterest income rose about 5% but also slightly missed, while provisions were lighter than expected. Management guidance implies 2026 NII around $50 billion, a slight increase over 2025, and CEO comments cite removal of the Fed asset cap, termination of multiple consent orders, stronger consumer and commercial growth, and ability to grow the balance sheet. This creates a mixed near-term setup but improving regulatory and growth optionality.
WFC MED
Charlie Scharf CEO, Wells Fargo 1:10
Wells Fargo can grow after asset-cap removal
Scharf says strong 2025 results, removal of the Federal Reserve's asset cap, termination of multiple consent orders, and stronger consumer and commercial growth let Wells Fargo compete on a level playing field and dedicate more resources to growth, including the ability to grow the balance sheet.
WFC HIGH
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This CNBC video, published January 14, 2026, features Leslie Picker, Charlie Scharf discussing WFC. 2 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Leslie Picker, Charlie Scharf  · Tickers: WFC