Wells Fargo stock drops as credit loss costs surge 21%
Wells Fargo delivered a split decision in its first-quarter 2026 earnings report, posting a profit beat that failed to reassure investors as revenue and the bank’s most closely watched income metric both came in below Wall Street expectations. Shares opened down 4.33% today, April 14, underperforming a banking sector that itself slipped 0.15%. EPS clears […] The post Wells Fargo stock drops as credit loss costs surge 21% appeared first on Rolling Out.
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Wells Fargo delivered a split decision in its first-quarter 2026 earnings report, posting a profit beat that failed to reassure investors as revenue and the bank’s most closely watched income metric both came in below Wall Street expectations. Shares opened down 4.33% today, April 14, underperforming a banking sector that itself slipped 0.15%. EPS clears […]
The post Wells Fargo stock drops as credit loss costs surge 21% appeared first on Rolling Out.
