Wells Fargo stock rose 3.8% in premarket trading after reporting mixed Q4 earnings, with expectations of rising net interest income and lower expenses

The lender expects 2025 net interest income, a key measure of what a bank makes on lending, to be 1% to 3% higher than 2024’s number of $47.7 billion.

Wells Fargo's profit beat expectations in the fourth quarter, powered by a rebound in dealmaking activity and forecast it would earn more from interest payments this year, sending shares up 6%. The bank said that it has a solid pipeline in its investment banking business while its net interest income,

Wells Fargo (NYSE:WFC) shares climbed more than 2% in premarket trading Wednesday after the US bank reported better-than-expected earnings per share (EPS) and net interest income for the fourth quarter of fiscal 2024.