Wells Fargo sees little change in guidance despite spike in oil prices
The fourth-largest lender in the U.S. said its outlook for net interest income and noninterest expense in 2026 has remained unchanged
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Browse ArticlesThe fourth-largest lender in the U.S. said its outlook for net interest income and noninterest expense in 2026 has remained unchanged
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"They now intend to bill us for seven to eight months of storage fees."
JPMorgan beat earnings expectations amid record market revenue, but a downbeat outlook for net interest income hurt the stock.
The April FMS was eagerly awaited given the oil price shock caused by events in the Middle East. While sentiment darkened, though, investors seem reluctant...
Wells Fargo profit rises on interest income, trading boost