Wells Fargo’s Asset Cap Lifted by Federal Reserve

Wells Fargo ( (WFC) ) has shared an update.

On June 3, 2025, Wells Fargo announced that the Federal Reserve has lifted the asset growth limits imposed on the company under a 2018 consent order. This decision followed comprehensive improvements in board effectiveness and operational risk programs, verified by independent and Federal Reserve reviews. The lifting of the asset cap is seen as a pivotal milestone in Wells Fargo’s transformation journey, with CEO Charlie Scharf highlighting the company’s strengthened position and future growth plans. In recognition of the employees’ contributions to this achievement, Wells Fargo is awarding a special $2,000 stock grant to all full-time employees.

The most recent analyst rating on (WFC) stock is a Buy with a $70.00 price target. To see the full list of analyst forecasts on Wells Fargo stock, see the WFC Stock Forecast page.

Spark’s Take on WFC Stock

According to Spark, TipRanks’ AI Analyst, WFC is a Outperform.

Wells Fargo’s stock is supported by solid financial performance, strong earnings growth, and an attractive valuation. While technical analysis shows mixed signals, and there are challenges in cash flow efficiency and economic uncertainties, the company’s strategic progress and robust balance sheet position it well in the diversified banking industry.

To see Spark’s full report on WFC stock, click here.

More about Wells Fargo

Wells Fargo & Company is a leading financial services company with approximately $1.9 trillion in assets. It provides a diversified set of banking, investment, and mortgage products and services, as well as consumer and commercial finance through its four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management.

Average Trading Volume: 18,345,546

Technical Sentiment Signal: Buy

Current Market Cap: $243.2B

See more data about WFC stock on TipRanks’ Stock Analysis page.