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Benzinga
Benzinga
Business
Vandana Singh

Wells Fargo's Net Interest Income Shrinks In Q2, Bank Trims Outlook

Wells Fargo WFC Markets
Wells Fargo Bank

Wells Fargo & Company (NYSE:WFC) reported a net interest income of $11.71 billion on Tuesday, down 2% year over year in the second quarter of 2025.

Lower net interest income was driven by the impact of lower interest rates on floating rate assets and deposit mix changes, partially offset by lower market funding and deposit pricing.

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