Wells Fargo & Company Earnings Recaps
Q1 2026
Apr 14, 2026
Wells Fargo delivered a solid Q1 with 15% EPS growth, driven by sustained revenue expansion and disciplined expense management amidst ongoing strategic repositioning.
Key takeaways
- Revenue increased 6% year-over-year, fueled by a 5% rise in net interest income and an 8% uptick in noninterest income across all segments.
- Loans grew 11%, deposits up 7%, supporting a 14% rise in pre-tax, pre-provision profit, while credit quality remains stable with a net charge-off ratio of 45 basis points.
- The bank returned $5.4 billion to shareholders, including $4 billion in share repurchases, while maintaining strong excess capital.
- Reached key milestone with the finalization of all 14 terminated risk and control compliance obligations since 2019, allowing a sharper focus on growth initiatives.
- Momentum in retail and commercial client acquisition continues, with new account growth up nearly 60% and auto originations more than doubled, supported by digital innovations and targeted marketing.
Q3 2025
Oct 14, 2025
Wells Fargo reported strong third quarter 2025 results, with net income and diluted earnings per share significantly higher year-over-year, driven by revenue growth and enhanced capital returns as the company gains momentum following the lifting of its asset cap.
Key takeaways
- Revenue increased by 5% year-over-year, supported by higher net interest income and a 25% rise in investment banking fees.
- Loan growth accelerated, contributing to improved credit performance.
- Raised common stock dividend and doubled share repurchases compared to the previous quarter.
- Continued strategic focus on diversifying revenue streams, leading to nearly $5 billion increase in revenue from targeted investments since 2019.
- Successful reduction of expenses totaling $3.6 billion since 2019, while enhancing risk and control infrastructure.