S&P 500 EPS growth is expected to come in at 4.8% for Q2, which would be the lowest growth rate since Q4 2023.

Wells Fargo beat Q2 earnings estimates with $1.60 EPS, lifted by strong fee income, while net interest income declined and guidance was lowered.

The CBJ will recognize top projects in commercial real estate completed between July 1, 2024 to June 30, 2025 in the Charlotte region. The entire team - from developer to architect to law firm to financier - will be recognized in a special report and celebrated at an awards dinner in October. Submit your nomination today!

Wells Fargo (NYSE:WFC) stock dipped 2.1% in Tuesday premarket trading after the bank trimmed its 2025 net interest income guidance. Q2 earnings beat, while revenue meet the consensus estimate. The bank expects 2025 net interest income to be roughly in line with 2024's $47.

JPMorgan Chase and Wells Fargo saw a surge in mortgage originations in Q2 2025, but the gains in volume came with lower margins.

Revenue came in at $20.8 billion, up about 1% from the same time last year. That modest gain was mostly thanks to a 4% increase in noninterest income. Net interest income, on the other hand, slipped a bit, something that’s becoming a trend across banks with tighter margins.

Michael Santomassimo, Wells Fargo CFO, joins 'Money Movers' to discuss the company’s earnings, the change in interest rates impact on business and loan growth.