Interest rate cuts can be a double-edged sword, and the latest quarterly earnings reports from Wells Fargo and Bank of America provide evidence for that maxim with lower revenue from some property loans.
These banks are generating less revenue from property loans with floating interest rates
Wells Fargo, Bank of America results highlight effects of rate cuts on financing
By Andy Peters
CoStar NewsJanuary 14, 2026 | 9:30 P.M.
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IN THIS ARTICLE
- Companies
- Wells Fargo & Company
Finance and Insurance
- Bank of America Corporation
Finance and Insurance