$WFC Wells Fargo Q3 Earnings

13 Oct 2026 10:35US Indexes US Stocks
  • EPS $1.87
  • Rev. $21.87B, est. $22.31B
  • Corporate and Investment Banking rev. $5.01B
  • Commercial Banking rev. $3.24B
  • Investment banking fees $894M, est. $901.2M
  • Net interest income $12.52B, est. $12.59B
  • Net interest margin 2.43%, est. 2.41%
  • Provision for credit losses $1.03B, est. $1.14B
  • Non-interest expenses $13.74B, est. $13.87B
  • Efficiency ratio 63%, est. 62.2%
  • Net charge-offs $983M, est. $1.05B
  • Total average deposits $1.48T, est. $1.5T
  • Total average loans $1.03T, est. $1.04T
  • Non-performing assets $7.36B, est. $8.04B
  • Quarterly non-interest expense fell 1%
  • Cites 8% cut in headcount and lower severance expense
  • Scharf: Revenue partially offset by VC and rail car lease sale
  • Sees Q4 net interest income about $13B, est. $12.86B
  • Still sees FY net interest income about $50B, est. $49.92B