WFC · News · 20261014N
Quarterly Earnings Performance
WELLS FARGO & COMPANY/MN · 2026-10-14 · Importance 29 · Surprise 22 · In source text
Wells Fargo reported third-quarter 2026 net income of $5.95 billion and diluted EPS growth of 13% year over year. Revenue increased 2% across all operating segments to $21.87 billion. Return on average tangible common equity improved toward management’s 17%–18% target. Broad-based loan and deposit growth supported results despite slower trading and investment-banking activity.
Key facts
- Q3 net income: $5.95B and Q3 revenue: $21.87B reported for Wells Fargo. source
- Wells Fargo reported a 13% increase in diluted EPS and 2% revenue growth across all operating segments in Q3. source
- Wells Fargo noted improved Return on Tangible Common Equity (ROTCE) approaching its 17-18% target. source
- Wells Fargo reported EPS of $1.87 per share for the third quarter. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | — | Q3 net income: $5.95B and Q3 revenue: $21.87B reported for Wells Fargo. |
| net_income | positive | realized | — | Q3 net income: $5.95B and Q3 revenue: $21.87B reported for Wells Fargo. |