WFC · News · 20261017N
Quarterly Earnings and Dividend
WELLS FARGO & COMPANY/MN · 2026-10-17 · Importance 44 · Surprise 24 · In source text
Wells Fargo reported quarterly EPS of $1.87, exceeding analyst estimates. Quarterly revenue was $21.87 billion, below expectations and representing a material earnings-period revenue figure. The company increased its dividend to $0.50 per share. Analysts cited slower trading activity, potential consumer-credit deterioration, and regulatory issues as concerns affecting the outlook.
Key facts
- Wells Fargo's reported revenue was $21.87 billion (which fell short of estimates). source
- Wells Fargo announced a dividend increase to $0.50 per share. source
- Wells Fargo recently beat earnings estimates with $1.87 EPS. source
- The average 12-month price target for Wells Fargo & Company (NYSE:WFC) is $98.08. source
- Wells Fargo & Company (NYSE:WFC) has received a "Moderate Buy" consensus rating from 25 brokerages. source
- Wells Fargo & Company's current share price is $83.82 (as cited in the article). source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | unclear | realized | — | Wells Fargo's reported revenue was $21.87 billion (which fell short of estimates). |
| liability | negative | committed | — | Wells Fargo announced a dividend increase to $0.50 per share. |
| cash | negative | committed | — | Wells Fargo announced a dividend increase to $0.50 per share. |