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Wells Fargo raised its 2026 loan-growth outlook, citing a resilient U.S. economy and healthy borrower demand. Despite the outlook increase, WFC shares fell about 1.8% to $88.16 based on Wednesday trading.
Wells Fargo & Company (NYSE: WFC ) shares gave up their earlier gains after CFO Mike Santomassimo said at the Barclays Conference that FY2026 loan growth is likely to exceed guidance on Tuesday. Santomassimo noted solid U.S. economic activity and stable credit delinquency trends, though middle-market clients remain cau