Stronger lending activity and disciplined cost control helped Wells Fargo deliver quarterly results ahead of expectations. The bank reported a 6% rise in net income year over year, supported by robust interest margins and credit stability. Executives emphasized ongoing digital investments and efficiency initiatives aimed at sustaining profitability. Market reaction was positive, lifting the stock 4% during Friday trading. Analysts said the results demonstrate steady consumer confidence and continued recovery in core US banking operations amid moderating inflation conditions.