WFC Wells Fargo & Company

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Wells Fargo Missed Expectations

Tuesday, October 13, 2026 · 6:50 AM ET

Wells Fargo (WFC) reported earnings of $1.87 per share on revenue of $33.26 billion for the third quarter ended September 2026. The consensus earnings estimate was $1.85 per share on revenue of $22.15 billion. The Earnings Whisper number was $1.93 per share. The company missed expectations by 3.11% while revenue grew 4.25% on a year-over-year basis.

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
$1.87
Earnings Whisper®
$1.93
Consensus Estimate
$1.85
Earnings Surprise
Earnings Growth8.1 %
Reported Revenue
$33.26B
Revenue Estimate
$22.15B

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

Revenue Surprise
Revenue Growth4.3 %

Wells Fargo Reports Third Quarter 2026 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo & Company (NYSE: WFC) has released its third quarter 2026 financial results. The financial results are available online on our Investor Relations webpage and on a Form 8-K filed by the company with the Securities and Exchange Commission (SEC) on Oct. 13, 2026, and available on the SEC’s website.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261012283148/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, Oct. 13, 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 on our Investor Relations webpage.

A replay of the conference call will be available from approximately 1:00 p.m. Eastern time on Oct. 13 through Tuesday, Oct. 27. Please dial 1-800-835-4112 (U.S. and Canada) or 203-369-3829 (International/U.S. Toll) and enter passcode: 9911#. A webcast replay will also be available online on our Investor Relations webpage.

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