The earnings call reflects a positive sentiment overall, with significant progress in financial performance, removal of the asset cap, and strategic growth initiatives. However, there are challenges in certain segments like auto revenue and commercial banking revenue.

Company Guidance

During the Wells Fargo Second Quarter 2025 Earnings Conference Call, the company provided several key metrics indicating its financial health and strategic direction. Net income for the second quarter was reported at $5.5 billion, or $1.60 per diluted common share, showcasing an increase from both the previous quarter and year. The company also highlighted a 23% reduction in headcount over five years, improving operational efficiency. Notably, Wells Fargo's asset cap was removed, allowing more flexibility in capital allocation, which is expected to bolster growth in loans and deposits. The bank's return on tangible common equity improved, and a significant reduction in net loan charge-offs was achieved, reflecting strong credit performance. Additionally, the expected stress capital buffer will decrease by 120 basis points starting in the fourth quarter, reducing the required CET1 regulatory minimum plus buffers to 8.5%. The company announced a proposed 12.5% increase in its third-quarter dividend to $0.45 per share, pending board approval. Wells Fargo also committed to a $40 billion stock repurchase program, having already repurchased over $6 billion in the first half of the year. These metrics underscore the bank's ongoing focus on enhancing shareholder value and financial resilience while pursuing strategic growth initiatives.

Net Income and Earnings Growth

Net income for the second quarter was $5.5 billion, or $1.60 per diluted common share, up from both the first quarter and a year ago.

Asset Cap Removal

The asset cap was removed, marking a pivotal milestone in the company's transformation, allowing for more flexibility in capital allocation.

Investment Banking Fees Increase

Investment banking fees increased by 16% during the first half of the year, indicating strong growth in corporate investment banking.

Credit Performance Improvement

Credit performance improved with lower net loan charge-offs compared to both the previous quarter and a year ago.

Dividend Increase

The company expects to increase its third-quarter common stock dividend by 12.5% to $0.45 per share, subject to board approval.

Wells Fargo (IT:1WFC) Earnings, Revenues Date & History

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IT:1WFC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 14, 2025	2025 (Q3)	1.30 / -	1.213	―	―	―
Jul 15, 2025	2025 (Q2)	1.20 / 1.37	1.136	20.30% (+0.23)
Apr 11, 2025	2025 (Q1)	1.05 / 1.19	1.025	15.83% (+0.16)
Jan 15, 2025	2024 (Q4)	1.16 / 1.22	0.735	66.28% (+0.49)
Oct 11, 2024	2024 (Q3)	1.10 / 1.21	1.264	-4.05% (-0.05)
Jul 12, 2024	2024 (Q2)	1.10 / 1.14	1.068	6.40% (+0.07)
Apr 12, 2024	2024 (Q1)	0.91 / 1.03	1.051	-2.44% (-0.03)
Jan 12, 2024	2023 (Q4)	0.73 / 0.73	0.572	28.36% (+0.16)
Oct 13, 2023	2023 (Q3)	1.06 / 1.26	0.726	74.12% (+0.54)
Jul 14, 2023	2023 (Q2)	0.99 / 1.07	0.632	68.92% (+0.44)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

IT:1WFC Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 15, 2025	€70.60	€67.48	-4.42%
Apr 11, 2025	€56.34	€53.09	-5.77%
Jan 15, 2025	€68.14	€72.76	+6.78%
Oct 11, 2024	€52.16	€54.84	+5.13%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.