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flag Wells Fargo's stock surged 10% in October 2025 after strong earnings and removal of a Fed asset cap, signaling a shift to aggressive growth.

flag Wells Fargo's stock rose up to 10% in October 2025 after reporting strong third-quarter earnings, driven by improved financial performance and the removal of a seven-year Federal Reserve asset cap. flag The bank, now targeting a 17% to 18% return on tangible common equity, is shifting from rebuilding to aggressive growth, focusing on credit cards, investment banking, and wealth management. flag Improved efficiency and CEO Charles Scharf’s strategy have helped lift its ROTCE to 15% year to date, signaling a potential challenge to JPMorgan Chase’s dominance in profitability and market share.

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