WFC Wells Fargo & Company

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Wells Fargo Beat Expectations

Tuesday, July 14, 2026 · 6:49 AM ET

Wells Fargo (WFC) reported earnings of $1.96 per share on revenue of $33.59 billion for the second quarter ended June 2026. The consensus earnings estimate was $1.73 per share on revenue of $21.80 billion. The Earnings Whisper number was $1.76 per share. The company beat expectations by 11.36% while revenue grew 10.37% on a year-over-year basis.

Chairman and Chief Executive Officer Charlie Scharf commented, “We generated strong second quarter results with diluted earnings per share growing to $2.00, up 25% from a year ago. Revenue increased 9% from a year ago with net interest income up 5% and noninterest income up 13%. Continued expense discipline drove positive operating leverage. Total expenses were up 2% from a year ago and non-revenue related expenses were lower. Consumer and commercial credit quality remained strong across all portfolios and net loan charge-offs declined 10 basis points from a year ago."

Wells Fargo & Co is a diversified financial services company. It provides retail, corporate and commercial banking services through banking stores and offices, the internet and other distribution channels to individuals, businesses and institutions.

Earnings Whisper Grade —
Power Rating—
Reported Earnings
$1.96
Earnings Whisper®
$1.76
Consensus Estimate
$1.73
Earnings Surprise
Earnings Growth27.3 %
Reported Revenue
$33.59B
Revenue Estimate
$21.80B

Consensus estimates for banks and some financial institutions are for net interest income, which may not be comparable to reported revenue.

Revenue Surprise
Revenue Growth10.4 %

Wells Fargo Reports Second Quarter 2026 Financial Results

Tuesday, July 14, 2026 · 6:49 AM ET Business Wire

SAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo & Company (NYSE: WFC) has released its second quarter 2026 financial results. The financial results are available online at https://www.wellsfargo.com/about/investor-relations/quarterly-earnings/ and on a Form 8-K filed by the company with the Securities and Exchange Commission (SEC) on July 14, 2026, and available on the SEC’s website at https://www.sec.gov/.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260713183510/en/

Exterior of a Wells Fargo branch in New York City.

Exterior of a Wells Fargo branch in New York City.

Conference call

The company will host a live conference call on Tuesday, July 14, at 10:00 a.m. Eastern time. You may listen to the call by dialing 1-888-673-9782 (U.S. and Canada) or 312-470-7126 (International/U.S. Toll) and entering passcode: 8320644#. The call will also be available online at https://www.wellsfargo.com/about/investor-relations/quarterly-earnings/.

A replay of the conference call will be available from approximately 1:00 p.m. Eastern time on July 14 through Tuesday, July 28. Please dial 1-800-835-4112 (U.S. and Canada) or 203-369-3829 (International/U.S. Toll) and enter passcode: 1524#. A webcast replay will also be available online at https://www.wellsfargo.com/about/investor-relations/quarterly-earnings/.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $2.3 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 38 on Fortune’s 2026 rankings of America’s largest corporations. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.

Additional information may be found at www.wellsfargo.com
LinkedIn: https://www.linkedin.com/company/wellsfargo

News Release Category: WF-CFH

Media
Beth Richek, 980-308-1568
beth.richek@wellsfargo.com

Investor Relations
John Campbell, 415-396-0523
john.m.campbell@wellsfargo.com

Source: Wells Fargo & Company