WFC · Financials
WELLS FARGO & COMPANY/MN
Ranked earnings events from SEC filings, earnings calls, press releases and news. Full Picture: what to focus on this earnings window
News · 2026-09-23
- Management ChangesImportance 31 · Surprise 42Chief Risk Officer Derek Flowers will retire in mid-January 2027 after nearly three decades with Wells Fargo. Scott E. Powell, currently Chief Operating Officer, will become Chief Risk Officer effective January 15,…
- Digital Financial Coaching LaunchImportance 31 · Surprise 42Wells Fargo introduced “Get Money Ready,” a digital financial education and coaching platform available to both Wells Fargo customers and non-customers in the United States. The platform provides personalized guidance…
- Tokenized Deposit CompetitionImportance 23 · Surprise 24Wells Fargo is identified alongside Citi and JPMorgan as developing tokenized deposit services in the United States. These offerings are intended to support faster, more efficient payments and compete with…
- Tokenized Deposit LaunchImportance 23 · Surprise 24Wells Fargo is among U.S. banks developing tokenized deposit services to compete with cryptocurrency companies and improve payment efficiency. The initiatives are intended to support faster and more programmable…
News · 2026-09-22
- Quarterly Dividend IncreaseImportance 26 · Surprise 24Wells Fargo increased its quarterly dividend to $0.50 per share. The dividend increase was reported alongside quarterly EPS of $1.96, which exceeded the $1.73 brokerage consensus estimate. The company’s institutional…
News · 2026-09-21
- Loan and Deposit GrowthImportance 35 · Surprise 48Wells Fargo’s deposits in the Charlotte market declined 27% in 2026, the largest decrease among the area’s major banks. Total deposits across Charlotte’s five largest banks fell by nearly $45 billion during the period.…
- Competition and Market ShareImportance 35 · Surprise 48Wells Fargo’s deposits in the Charlotte market declined 27% in 2026, the largest decrease among the city’s major banks. Total deposits across Charlotte’s five largest banks fell by nearly $45 billion during the year,…
News · 2026-09-17
- Interest Rate EnvironmentImportance 33 · Surprise 50Wells Fargo Bank raised its prime rate to 7.00% from 6.75%, effective September 17, 2026. The increase followed the Federal Reserve’s first rate hike in three years. Higher rates may support net interest income for…
News · 2026-09-16
- Guidance / OutlookImportance 57 · Surprise 60Wells Fargo raised its 2026 loan-growth outlook above prior guidance, citing resilient U.S. economic activity and stable credit trends. CFO Mike Santomassimo said stronger loan growth is supported by solid consumer and…
- Interest Rate EnvironmentImportance 39 · Surprise 50Wells Fargo Bank raised its prime rate to 7.00% from 6.75%, effective September 17, 2026. The 25-basis-point increase followed the Federal Reserve’s first rate hike since 2023. The change raises borrowing costs on…
- Workforce ReductionImportance 37 · Surprise 42Wells Fargo CFO Mike Santomassimo expects additional layoffs as artificial intelligence improves operating efficiency. The bank anticipates AI-driven productivity gains will reduce headcount further beyond current…
- Loan Growth TrendsImportance 26 · Surprise 24Wells Fargo expects stronger loan growth in fiscal 2026 than previously anticipated. CFO Mike Santomassimo cited resilient U.S. economic activity, stable credit trends, improving margins, and business momentum. The…
News · 2026-09-15
- Guidance / OutlookImportance 80 · Surprise 68CFO Mike Santomassimo expects Wells Fargo’s 2026 loan growth to be stronger than previously forecast after the asset-cap removal. The bank expects full-year net interest income of approximately $50 billion and expenses…
- Net Interest Income TrendsImportance 75 · Surprise 60Wells Fargo expects approximately $50 billion of net interest income for the full year. Third-quarter net interest margin guidance improved, indicating a more favorable near-term spread outlook than previously…
- Loan Growth TrendsImportance 40 · Surprise 42Wells Fargo reported strong consumer spending and expanding business activity after the removal of its asset cap. CFO Mike Santomassimo said the bank expects stronger U.S. loan growth in 2026 than previously forecast.…
- Macroeconomic Factors ImpactImportance 17 · Surprise 24Wells Fargo CFO Mike Santomassimo said consumer spending remains strong and U.S. business activity is expanding after the removal of the bank’s asset cap. He cited healthy credit trends, good debt-to-income levels, and…
- Interest Rate EnvironmentImportance 13 · Surprise 6Wells Fargo’s reported third-quarter net interest margin guidance improved ahead of an expected Federal Reserve interest-rate decision. The decision was expected to include a 25-basis-point hike, creating a relevant…
News · 2026-09-14
- Distribution ChannelsImportance 31 · Surprise 42Wells Fargo launched mobile international money transfers for customers sending funds to 12 countries on September 14, 2026. The service expands the bank’s digital remittance capabilities and provides an additional…
- Management ChangesImportance 25 · Surprise 42John Manning, executive vice president and head of Wells Fargo’s commercial banking market coverage, will retire at the end of 2026 after more than 30 years with the bank. Rob Biodrowski will succeed him beginning in…
News · 2026-09-13
- Quarterly Earnings and DividendImportance 36 · Surprise 6Wells Fargo reported quarterly earnings of $1.96 per share. Quarterly revenue was $22.62 billion, exceeding the materiality threshold of $679 million. The company increased its quarterly dividend to $0.50 per share.
News · 2026-09-12
- Interest Rate EnvironmentImportance 7 · Surprise 6U.S. financial stocks were affected during the week by a significant increase in the 10-year Treasury yield. The report also cited inflation reports as a market factor. Wells Fargo was nevertheless listed among the…
News · 2026-09-11
- Wealth Management CompetitionImportance 17 · Surprise 24Wells Fargo is competing with Goldman Sachs, Bank of America, Bank of New York Mellon, and JPMorgan Chase to manage the wealth of Anthropic PBC employees ahead of the AI company’s anticipated IPO. Anthropic has…
News · 2026-09-10
- ESG and SustainabilityImportance 31 · Surprise 42Wells Fargo is expanding its neurodiversity hiring program to cover 23 job roles in the United States. The company reports an 82% one-year retention rate for neurodivergent hires. The initiative continues despite…
- Quarterly Earnings and DividendImportance 11 · Surprise 24Wells Fargo reported quarterly earnings per share of $1.96. Quarterly revenue was $22.62 billion. The company increased its quarterly dividend, although the reported coverage does not specify the new per-share amount.
- Debt Issuance Underwriting ActivityImportance 6 · Surprise 6Wells Fargo Securities is serving as a joint book-running manager for Simon Property Group’s $800 million senior-notes offering. The issuance comprises notes due in 2032 and 2036 with a weighted average coupon of…
News · 2026-09-08
- Advisor Gateway LaunchImportance 52 · Surprise 42Wells Fargo Advisors experienced a second trading disruption in less than one week, requiring brokers to enter orders manually. The outage was attributed to a problem at an external vendor that processes trades,…
- Revenue Performance and MixImportance 48 · Surprise 32Wells Fargo reported quarterly revenue of $22.62 billion, up 8.6% year over year. Quarterly EPS was $1.96, exceeding analyst estimates. The reported results surpassed consensus expectations for both revenue and earnings.
- Distribution ChannelsImportance 34 · Surprise 42Wells Fargo Advisors experienced its second trading disruption in less than a week, requiring brokers to enter orders manually. The outage was attributed to an issue with an outside vendor that processes trades. The…
News · 2026-09-07
- Distribution ChannelsImportance 34 · Surprise 42Wells Fargo Advisors experienced its second trading disruption in less than a week, requiring brokers to enter orders manually. The outage was attributed to an issue with an outside vendor that processes trades. The…
News · 2026-09-06
- Revenue Performance and MixImportance 48 · Surprise 32Wells Fargo reported quarterly revenue of $22.62 billion, up 8.6% year over year. Quarterly EPS was $1.96, exceeding analyst estimates. The reported results surpassed consensus expectations for both revenue and earnings.
- Quarterly Dividend IncreaseImportance 44 · Surprise 58Wells Fargo increased its quarterly dividend from $0.45 to $0.50 per share. The higher dividend was reported alongside quarterly EPS of $1.96 and revenue growth of 8.6% year over year. The $0.50 quarterly payment…
- Distribution ChannelsImportance 34 · Surprise 42Wells Fargo Advisors experienced its second trading disruption in less than a week, requiring brokers to enter orders manually. The outage was attributed to an issue with an outside vendor that processes trades. The…
News · 2026-09-04
- Quarterly Dividend IncreaseImportance 44 · Surprise 58Wells Fargo increased its quarterly dividend from $0.45 to $0.50 per share. The higher dividend was reported alongside quarterly EPS of $1.96 and revenue growth of 8.6% year over year. The $0.50 quarterly payment…
- Distribution ChannelsImportance 34 · Surprise 42Wells Fargo Advisors experienced its second trading disruption in less than a week, requiring brokers to enter orders manually. The outage was attributed to an issue with an outside vendor that processes trades. The…
News · 2026-09-03
- Revenue Performance and MixImportance 48 · Surprise 32Wells Fargo reported quarterly revenue of $22.62 billion, up 8.6% year over year. Quarterly EPS was $1.96, exceeding analyst estimates. The reported results surpassed consensus expectations for both revenue and earnings.
- Quarterly Dividend IncreaseImportance 44 · Surprise 58Wells Fargo increased its quarterly dividend from $0.45 to $0.50 per share. The higher dividend was reported alongside quarterly EPS of $1.96 and revenue growth of 8.6% year over year. The $0.50 quarterly payment…
News · 2026-09-01
- Quarterly Dividend IncreaseImportance 40 · Surprise 42Wells Fargo raised its quarterly dividend to $0.50 per share. The increase was reported alongside quarterly earnings that exceeded EPS estimates. The digest did not state the prior dividend rate, declaration date, or…
- Revenue Performance and MixImportance 36 · Surprise 14Wells Fargo’s latest quarterly revenue increased 8.6% year over year. The quarterly earnings report exceeded analysts’ EPS estimates. The digest did not provide segment revenue, geographic revenue, or sequential…
- Stablecoin Issuance PartnershipImportance 31 · Surprise 42Wells Fargo joined 20 other financial institutions backing a new company that plans to issue a stablecoin. The initiative is expected to launch in the first half of 2027 with an initially U.S.-dollar-denominated…
- Stablecoin Payments ExpansionImportance 31 · Surprise 42Wells Fargo is among six major U.S. banks and 21 financial institutions backing a new company that plans to launch a U.S. dollar-denominated stablecoin in the first half of 2027. The initiative is intended to provide a…
News · 2026-08-28
- Wealth Management GrowthImportance 31 · Surprise 42Wells Fargo is expanding its wealth management business by recruiting hundreds of independent financial advisers. The hiring effort targets stronger relationships with affluent and high-net-worth clients. The…
- Wealth Advisor RecruitingImportance 31 · Surprise 42Wells Fargo is recruiting hundreds of independent financial advisers to expand its wealth management business. The initiative supports a multi-year effort to strengthen the Wealth & Investment Management (WIM)…
News · 2026-08-27
- Wealth Advisor RecruitingImportance 31 · Surprise 42Wells Fargo is making a new push to recruit hundreds of financial advisors into its wealth management division, according to Bloomberg News reporting published August 27, 2026. The effort follows several years of…
News · 2026-08-26
- Quarterly Dividend IncreaseImportance 44 · Surprise 58Wells Fargo increased its quarterly dividend from $0.45 to $0.50 per share. The increase represents an additional $0.05 per share each quarter, or approximately 11.1% growth from the prior dividend. The new dividend…
- Revenue Performance and MixImportance 42 · Surprise 14Wells Fargo reported second-quarter revenue of $22.62 billion, up 8.6% year over year. Second-quarter EPS was $1.96, exceeding the $1.73 analyst consensus. The reported results indicate quarterly profitability…
News · 2026-08-25
- Regulatory Asset Cap RemovalImportance 44 · Surprise 60The Federal Reserve lifted Wells Fargo’s asset cap after the bank closed its final consent order. The removal allows Wells Fargo to expand its balance sheet and is expected by third-party analysts to support higher…
- Quarterly Dividend IncreaseImportance 34 · Surprise 42Wells Fargo increased its quarterly dividend to $0.50 per share. The new dividend implies $2.00 in annualized dividends per share. The dividend equates to a reported 2.4% yield based on the article’s cited share price.
- Discrimination SettlementImportance 28 · Surprise 42The 4th U.S. Circuit Court of Appeals dismissed most claims in a disability-discrimination case against Wells Fargo. The court vacated punitive damages and emotional-distress awards from a $22.1 million jury verdict…
- Net Income and ProfitabilityImportance 17 · Surprise 24Wells Fargo reached a 17.7% return on tangible common equity (ROTCE) in the second quarter of 2026. The result exceeded the bank’s 17%-18% ROTCE target range. Reported drivers included removal of the Federal Reserve…
- Debt Issuance Underwriting ActivityImportance 6 · Surprise 6Wells Fargo Securities co-underwrote Tractor Supply Company’s $500 million offering of 5.200% senior notes due January 30, 2032. Tractor Supply intends to use the proceeds to repay borrowings under its senior credit…
News · 2026-08-24
- Strategic InitiativesImportance 16 · Surprise 42Wells Fargo is one of the only U.S. megabanks positioned to acquire a large regional bank because it remains below the 10% national deposit cap. CEO Charlie Scharf has said he is open to a transformative transaction,…
- Interest Rate EnvironmentImportance 10 · Surprise 6Wells Fargo interest-rate strategists said U.S. Treasury bond buybacks are unlikely to materially reduce long-term Treasury yields. Ten- and 30-year Treasury rates briefly declined after the buyback announcement but…
- Revenue Performance and MixImportance 6 · Surprise 6Wells Fargo reported second-quarter 2026 earnings of $1.96 per share. The result exceeded analyst estimates, according to multiple third-party reports. The digest provides no quantified revenue, margin, expense,…
News · 2026-08-23
- Quarterly Dividend IncreaseImportance 34 · Surprise 42Wells Fargo increased its quarterly dividend to $0.50 per share. The dividend increase was reported alongside second-quarter 2026 earnings of $1.96 per share. The digest does not state the prior dividend rate,…
- Acquisition / Partnership / DivestitureImportance 20 · Surprise 24Wells Fargo is identified as one of the only U.S. megabanks positioned to acquire a large regional bank because it remains below the 10% national deposit cap. CEO Charlie Scharf has indicated openness to a…
News · 2026-08-21
- Quarterly Dividend IncreaseImportance 40 · Surprise 42Wells Fargo raised its quarterly dividend to $0.50 per share following recent quarterly results. The bank reported quarterly EPS of $1.96 while exceeding analyst earnings and revenue expectations. The higher dividend…
- Discrimination LawsuitImportance 40 · Surprise 58The U.S. Court of Appeals for the Fourth Circuit reduced a former Wells Fargo Securities executive’s award from $22 million to approximately $18 million. The court upheld findings that Wells Fargo discriminated and…
News · 2026-08-20
- Quarterly Dividend IncreaseImportance 34 · Surprise 42Wells Fargo increased its quarterly dividend to $0.50 per share. The dividend increase was reported alongside quarterly earnings of $1.96 per share and revenue of $22.62 billion. The higher dividend represents a…
- Workforce ReductionImportance 34 · Surprise 42Wells Fargo announced 14 additional job cuts at its Jordan Creek campus in West Des Moines, Iowa, during August 2026. The cuts brought the 2026 total to 322 jobs in the Des Moines metropolitan area. Since April 2022,…
- Investment Banking CompetitionImportance 31 · Surprise 42Wells Fargo recruited Alex Gyde from Evercore as a managing director in its mergers-and-acquisitions group. Gyde will focus on industrial clients and report to global M&A head Jeff Hogan. The hire expands Wells Fargo’s…