Education
About Us
Working with TipRanks
Follow Us
Wells Fargo (WFC)
NYSE:WFC
Earnings Data
Report Date
Apr 14, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
1.56Last Year’s EPS
1.39Same Quarter Last Year
Moderate Buy
Based on 18 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlights meaningful progress across profitability, revenue growth, capital returns and strategic transformation: strong full-year net income, EPS growth, improved ROTCE, loan and deposit growth, and continued cost-efficiency gains. Management provided constructive 2026 NII and business growth targets while also planning disciplined investments in technology, wealth and markets. Key challenges include near-term severance and higher operating investments driving expense growth, margin pressure if rates decline, and isolated credit stress in CRE office loans. On balance the company appears to be transitioning from constraint to growth with strong capital and clear priorities, while acknowledging execution and macro risks.Company Guidance
Recordable Profitability and EPS Growth
Full-year net income of $21.3 billion and diluted EPS growth of 17% year-over-year; fourth-quarter net income ~$5.4 billion and Q4 diluted EPS of $1.62, up 13% YoY (ex-severance EPS $1.76).
Improved ROTCE and Mid-Term Target
Return on tangible common equity (ROTCE) rose to 15% in 2025 (vs. 8% in late 2020). Management set a new medium-term ROTCE target of 17%–18%.
Revenue Growth and Fee-Based Momentum
Fee-based (noninterest) revenue increased ~5% YoY (+$419 million); investment advisory and brokerage/asset-based fees grew (investment advisory +8%) supported by higher market valuations and accelerating net asset flows.
Net Interest Income Expansion and 2026 Outlook
Net interest income (NII) of $47.5 billion in 2025; company expects total NII of ~$50 billion in 2026 and NII ex-markets to rise from $46.7 billion in 2025 to approximately $48 billion in 2026; markets NII targeted at ~$2 billion in 2026.
Balance Sheet and Loan Growth
Average loans increased by $49.4 billion (about +5% YoY); period-end loans grew ~5% linked quarter (strongest linked-quarter growth since Q1 2020); assets up 11% YoY since lifting of asset cap, reflecting broad-based loan growth and increased trading assets.
Deposit Growth and Lower Funding Cost
Average deposits rose $23.9 billion YoY while average deposit costs declined ~29 basis points YoY; management expects mid-single-digit average deposit growth in 2026 with stronger growth in interest-bearing deposits.
Capital Returns and Capital Position
Returned $23 billion of excess capital in 2025: dividend per share up 13% and $18 billion of share repurchases during the year (including $5 billion in Q4). CET1 ratio remained strong at 10.6% (well above regulatory minimum + buffers).
Consumer Product Momentum
Opened nearly 3 million new credit card accounts in 2025 (+21% YoY) with card balances up ~6% YoY; auto loan balances up 19% YoY and auto originations more than doubled YoY; mobile active customers grew by ~1.4 million (+4% YoY); 50% of consumer checking accounts opened digitally.
Commercial & Capital Markets Progress
Investment banking fees up 11% for the full year; M&A ranking improved to 8th in 2025 (from 12th in 2024); trading-related assets increased ~50% in 2025 to support markets and client financing activities.
Expense Discipline and Efficiency Savings
Noninterest expense declined ~$174 million YoY in 2025; management delivered roughly $15 billion in gross expense savings over five years and expects ~ $2.4 billion gross expense reductions in 2026 while continuing targeted investments.
WFC Earnings History
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
WFC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 14, 2026 | $93.56 | $89.25 | -4.61% |
Oct 14, 2025 | $78.51 | $84.12 | +7.15% |
Jul 15, 2025 | $82.51 | $77.99 | -5.48% |
Apr 11, 2025 | $62.07 | $61.48 | -0.95% |
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.
FAQ
When does Wells Fargo (WFC) report earnings?
Wells Fargo (WFC) is schdueled to report earning on Apr 14, 2026, Before Open (Confirmed).
What is Wells Fargo (WFC) earnings time?
Wells Fargo (WFC) earnings time is at Apr 14, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WFC EPS forecast?
WFC EPS forecast for the fiscal quarter 2026 (Q1) is 1.56.
