Wells Fargo Trading Volume Plummets 43% to 33rd Rank

On July 16, 2025, Wells Fargo (WFC) saw a significant drop in trading volume, with a total of $2.43 billion in shares traded, marking a 43.06% decrease from the previous day. This decline placed Wells Fargo at the 33rd position in terms of trading volume for the day.

Wells Fargo reported a net interest income of $11.71 billion for the second quarter, slightly below the estimated $11.83 billion. The net interest margin stood at 2.68%, reflecting the impact of lower interest rates on the bank's earnings.

Despite beating earnings and revenue estimates, Wells Fargo's stock faced downward pressure due to the bank's decision to lower its full-year guidance for net interest income. This adjustment was driven by the impact of lower interest rates on the bank's revenue streams.

Wells Fargo's adjusted earnings per share for the second quarter of 2025 were $1.60, surpassing analyst forecasts by 14%. The bank's net income for the quarter was $5.49 billion, representing a 20% year-over-year increase. However, the positive earnings report was overshadowed by the bank's revised outlook for net interest income, which weighed on investor sentiment.