Wells Fargo expects net interest income to reach approximately $50 billion in 2026, up from $47.5 billion in 2025. The bank's NII rose 5.2% year over year to $24.4 billion in the first half of 2026, and management anticipates stronger growth in the second half. Consumer Banking and Lending generated $15.3 billion of NII in the first half, accounting for 62.6% of total NII. The removal of the asset cap in June 2025 and the closing of the final consent order in early 2026 allow more aggressive loan and deposit growth, with average loans and deposits both projected to grow at mid-single-digit rates in 2026. Peers Citigroup and PNC also reported NII growth, with PNC raising its 2026 NII growth guidance to 15-15.5% from 14.5%.
Wells Fargo & CompanyWells Fargo targets $50B NII in 2026, driven by loan and deposit growth.
PNC Financial Services Group IncPNC raised its 2026 NII growth guidance, showing strong loan demand.
Citigroup Inc.
PNC Process Systems Co Ltd