Wells Fargo's asset cap was lifted in early 2026, unlocking balance sheet growth for the first time in eight years. Commercial banking and credit card growth resume now that deposit gathering is unconstrained. Credit normalization is well-progressed without recession-level losses. Buyback pace accelerates as capital requirements ease. Multi-year operating leverage story.
Thesis reviewed May 29, 2026
Wells Fargo & Company is headquartered in United States, which is currently showing elevated risk signals.
🇺🇸United States82EXITView United States risk detail →🏦Financials100NEUTRAL| Ticker | Company | Score | Gap | Signal Δ | Action |
|---|---|---|---|---|---|
| MELI | MercadoLibre | 90 | -14% | ↓86% | AVOID |
| GGAL | Grupo Financiero Galicia S.A. | 90 | +13% | ↓86% | ENTRY |
| BBAR | BBVA Banco BBVA Argentina SA | 90 | +21% | ↓86% | ENTRY |
| BBD | Banco Bradesco S.A. (preferred ADR) | 90 | +5% | ↓86% | NEUTRAL |
| VIV | Telefonica Brasil (Vivo) | 90 | +8% | ↓86% | ENTRY |
| UBS | UBS Group AG | 90 | +17% | ↓86% | ENTRY |
| CIB | Bancolombia S.A. | 90 | +9% | ↓86% | NEUTRAL |
Investors who hold WFC may also have indirect exposure through these country funds.
Fed formally lifts $1.95T asset cap on Wells Fargo
WFC card spend up 8% YoY as marketing investments resume
Commercial loan pipeline reaches multi-year high
Estimates · Yahoo Finance · Not audited figures
| Politician | Party | Type | Amount | Trade Date | Return |
|---|---|---|---|---|---|
| Alan Armstrong | Buy | $1k–$15k | Mar 27, 26 | ||
| A. Mitchell McConnell, Jr. | Buy | $1k–$15k | Jun 1, 26 | ||
| Tim WalbergMI | Buy | Unknown amount | Feb 7, 25 | ||
| Donald J. TrumpFL | R | Buy | Unknown amount | Mar 18, 26 | |
| Lloyd K. SmuckerPA | R | Sell | Unknown amount | Apr 23, 26 | |
| Donald J. TrumpFL | R | Buy | $50k–$100k | Mar 18, 26 | |
| Gilbert CisnerosCA | D | Sell | $1k–$15k | Mar 13, 26 | |
| A. Mitchell McConnell, Jr. | Buy | $1k–$15k | Mar 1, 26 | ||
| Julie JohnsonTX | D | Buy | $1k–$15k | Dec 18, 25 | |
| Julia LetlowLA | R | Buy | $1k–$15k | Oct 23, 24 | |
| John Boozman | Buy | $1k–$15k | Dec 17, 25 | ||
| A. Mitchell McConnell, Jr. | Buy | $1k–$15k | Dec 1, 25 | ||
| A. Mitchell McConnell, Jr. | Buy | $1k–$15k | Sep 1, 25 | ||
| Shelley M Capito | Sell | $1k–$15k | Jun 18, 25 | ||
| A. Mitchell McConnell, Jr. | Buy | $1k–$15k | Jun 1, 25 | ||
| A. Mitchell McConnell, Jr. | Buy | $1k–$15k | Mar 3, 25 | ||
| A. Mitchell McConnell, Jr. | Buy | $1k–$15k | Dec 2, 24 | ||
| A. Mitchell McConnell, Jr. | Buy | $1k–$15k | Sep 1, 24 | ||
| John JamesMI | R | Buy | $1k–$15k | Sep 4, 24 | |
| John JamesMI | R | Buy | $1k–$15k | Nov 10, 23 |