After beating earnings and providing strong 2025 guidance, Wells Fargo's shares experience a jump.

On Wednesday, Wells Fargo's stock price increased following the release of better-than-anticipated earnings and optimistic forecasts regarding net interest income for the upcoming year.

Based on a survey of analysts by LSEG, the bank's fourth quarter results differed from Wall Street's expectations.

• Adjusted earnings per share: $1.42 vs. $1.35 expected
• Revenue: $20.38 billion versus $20.59 billion expected

The net income for the fourth quarter was $3.44 billion, or $0.98 per diluted common share, which is 47% lower than the previous year's figure.

The lender based in San Francisco anticipates that its net interest income in 2025 will be between 1% and 3% higher than the $47.7 billion earned in 2024.

The price of Wells Fargo shares increased by 3% during premarket trading on Wednesday after the company released its earnings report.

"Wells Fargo's CEO, Charlie Scharf, stated that the bank's solid performance this quarter marks a year of significant progress, with earnings continuing to improve and investments being made to increase growth and improve customer service. The bank maintained a strong balance sheet, returned approximately $25 billion of capital to shareholders, and made significant progress on risk and control work."

In the fourth quarter, Wells Fargo's investment banking fees increased by 59% to $725 million compared to the same period the previous year.

In the fourth quarter of 2024, the bank repurchased 57.8 million shares, or $4.0 billion, of common stock.

In 2024, the bank's shares surged nearly 43%, and the stock has increased by 1.4% in January.