S&P Upgrades Wells Fargo Credit Rating to A- on Risk Management Progress

Key Facts

1S&P Global Ratings upgraded Wells Fargo's credit rating to A- citing significant overhauls in its risk management framework.

S&P Global Ratings upgraded Wells Fargo's credit rating to A- citing significant overhauls in its risk management framework. According to investing.com, the upgrade reflects the bank's progress in resolving regulatory issues and strengthening internal controls following years of structural changes aimed at addressing previous governance failures.

WFC closed at $80.81 on September 28, 2026, reaching a session high of $82.89. In the broader banking sector, BAC closed at $55.47 and C closed at $131.34 on the same date, while JPM was trading at $334.4301 on September 29, 2026.