Wells Fargo (WFC)
NYSE:WFC
Earnings Data
Report Date
Jul 14, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.71Last Year’s EPS
1.6Same Quarter Last Year
Moderate Buy
Based on 14 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented multiple strong operational and financial positives: double-digit EPS growth, broad-based revenue increases across segments, loan and deposit growth, robust consumer and wealth flows, active capital returns, and completion of legacy regulatory orders. Offsetting these positives are near-term margin pressure (NIM compression), higher expenses due to strategic investments and revenue-related compensation, a few specific business weaknesses (home lending and CRE comparables), and the need to monitor a large NDFI exposure and an isolated fraud-related loss. Management expressed confidence in execution, reiterated 2026 guidance (including $50B+ NII and ~$55.7B noninterest expense), and views proposed capital rule changes as constructive. On balance, the highlights materially outweigh the lowlights and management’s tone is constructive and forward-looking.Company Guidance
Strong Earnings and Revenue Growth
Diluted EPS increased 15% year-over-year; revenue rose 6% year-over-year, driven by a 5% increase in net interest income and an 8% increase in noninterest income.
Balance Sheet Growth
Period-end loans grew 11% year-over-year and exceeded $1.0 trillion for the first time since 2020; deposits increased 7% year-over-year.
Broad-Based Segment Momentum
All operating segments increased revenue year-over-year: Consumer Banking & Lending +7%, Commercial Banking +7%, Banking revenue in CIB +11%, Markets revenue +19%, Wealth & Investment Management +14%.
Pre-Tax, Pre-Provision Profit Expansion
Pre-tax, pre-provision profit grew 14% year-over-year as revenue grew faster than expenses.
Strong Consumer Product Traction
Credit card new account growth nearly +60% year-over-year; credit card revenue +5% year-over-year; consumer checking account openings +15% year-over-year; mobile active users surpassed 33 million.
Auto Financing Acceleration
Auto originations more than doubled versus a year ago and auto revenue increased 24% year-over-year, benefiting from preferred relationships with Volkswagen and Audi.
Wealth and Asset Growth
Wealth & Investment Management client assets grew 11% year-over-year to $2.2 trillion; company-wide net asset flows reached highest level in over ten years.
Capital Return and Capital Position
Returned $5.4 billion to shareholders in the quarter, including $4.0 billion in common share repurchases; CET1 ratio at 10.3% (within stated 10.0%-10.5% target) and common shares outstanding down ~6% year-over-year.
Regulatory Progress
Closed final outstanding consent order in March, completing termination of 14 orders since 2019, allowing focus on accelerating growth and returns.
Constructive Regulatory Rule Outlook
Preliminary analysis of proposed capital rules suggests risk-weighted assets could decline by ~7% under current proposals and G-SIB surcharge expected to remain around 1.5%, which management views as constructive.
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 |
|---|---|---|---|
Apr 14, 2026 | $86.64 | $81.70 | -5.70% |
Jan 14, 2026 | $93.10 | $88.81 | -4.61% |
Oct 14, 2025 | $78.12 | $83.71 | +7.15% |
Jul 15, 2025 | $82.11 | $77.61 | -5.48% |
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 Jul 14, 2026, Before Open (Confirmed).
What is Wells Fargo (WFC) earnings time?
Wells Fargo (WFC) earnings time is at Jul 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 (Q2) is 1.71.
