WFC · News · 20260808N
Revenue Performance and Mix
WELLS FARGO & COMPANY/MN · 2026-08-08 · Importance 24 · Surprise 14
Wells Fargo reported quarterly earnings of $1.96 per share, exceeding analyst estimates. Revenue increased 8.6% year over year, according to third-party reporting. The bank also raised its quarterly dividend to $0.50 per share.
Key facts
- Abner Herrman & Brock LLC reduced its stake in Wells Fargo by 31.3% in the second quarter, selling 82,358 shares and retaining 180,453 shares valued at approximately $14.9 million. source
- Wells Fargo reported quarterly earnings of $1.96 per share, surpassing analyst estimates, and an 8.6% increase in revenue. source