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Posted by
Two Blokes Jul 16 -
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Wells Fargo only derived 56% of its Q2 2025 revenues from net interest income, highlighting the bank's topline resilience in the face of looming Fed rate cuts. Preferred dividends only accounted for 5.1% of Wells Fargo's net income before preferred distributions, reinforcing the high safety profile of preferred dividends. Fed funds futures price in 1% in rate cuts by July 2026, ahead of the Fed's own assessment for a 3.4% Fed funds rate at the end of 2027.