Wells Fargo Board approved CEO Charles Scharf’s total comp of $40M for 2025: $2.5M base; $37.5M variable (…
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Wells Fargo Board approved CEO Charles Scharf’s total comp of $40M for 2025: $2.5M base; $37.5M variable ( $9.375M cash; $28.125M equity — 65% PSAs, 35% RSRs). More detail to appear in the 2026 proxy. $WFC 💼 #CEOComp #WellsFargo
Board pointed to regulatory progress: closed 7 consent orders and Fed asset‑cap removal. Returned ~ $23B to shareholders (dividend +13%, $18B buybacks) and set medium‑term ROTCE target of 17–18%. $WFC 📈 #ShareholderReturns #Banking
2025 results cited: net income $21.3B; diluted EPS +17% YoY; fee‑based revenue +5%; ROE 12.4% (vs 11.4% in 2024). Company says multi‑year investments drove account, deposit & loan growth and improved market share. $WFC 🔍 #Earnings #BankStocks