PodcastSquawk on the StreetOctober 13, 2026
CNBC Investing Club: Cramer’s Morning Take on Wells Fargo 10/13/26
Cramer says Wells Fargo's stabilizing NIM and strong Q4/2027 guidance outweigh its revenue miss, backing CEO Sharf's "undervalued" view.
- Revenue miss, EPS beat: Wells Fargo missed revenue estimates by about $430 million but beat on EPS, with ROTCE at 16.3%.
- NIM stabilizes: Net interest margin stabilized for the first time in many quarters, better than expected, while expenses fell 1% year-over-year.
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Themes, sentiment and reasons are AI-written paraphrases, checked so they never quote an episode. They may contain errors. Not investment advice. Episodes remain the property of their creators.
