Wells Fargo (WFC) “Came in Way Too Hot,” Says Jim Cramer

Wells Fargo & Company (NYSE:WFC) is 1 of the biggest banks successful America. The shares are up by 13% implicit the past year. Bank of America started 2026 connected a beardown enactment for the slope arsenic it raised the stock terms people to $107 from $100 and kept a Buy rating. A cheaper valuation was astatine the bosom of the commentary arsenic BofA outlined that Wells Fargo & Company (NYSE:WFC) appeared to beryllium trading astatine a discount to its peers. BofA added that the banal could supply returns if the valuation spread narrowed. Cramer is simply a beardown believer successful the bank. Throughout 2025, helium continued to praise Wells Fargo & Company (NYSE:WFC)’s CEO, Charlie Scharf, and praised the bank’s quality to physique a coagulated squad and the tailwinds from the Federal Reserve lifting its plus cap. In this appearance, the CNBC TV big discussed the bank’s caller net numbers. The results saw Wells Fargo & Company (NYSE:WFC)’s nett involvement income of $12.33 cardinal miss expert estimates of $12.46 cardinal and its 2026 involvement income forecast of $50 cardinal besides fell abbreviated of $50.3 cardinal successful estimates. Here’s what Cramer said aft the earnings:

“Well I deliberation that, radical did not similar that Wells Fargo number, and I cognize Charlie felt, Charlie Scharf felt, very, I deliberation not aggrieved, but helium said good you cognize springiness maine a break.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.