Wells Fargo & Company reported third quarter 2026 net income of $6.0 billion and diluted earnings per common share of $1.87; first-nine-month net income was $17.6 billion and diluted EPS was $5.47.
Wells Fargo & Company reported third-quarter EPS of $1.87, up 13% from a year ago, with average loans and deposits both up 11%. Full-year 2026 net interest income guidance remains 50 billion plus or minus.
Wells Fargo reported third-quarter 2026 net income of $6.0 billion, or $1.87 per diluted share, up 13% from a year ago; ROTCE was 16.3%, and average loans and deposits each increased 11%.
Wells Fargo & Company issued $2,500,000,000 of 5.366% Senior Redeemable Fixed-to-Floating Rate Notes due September 24, 2030 and $3,500,000,000 of 5.832% Senior Redeemable Fixed-to-Floating Rate Notes due September 24, 2037.
Wells Fargo & Company appointed Scott E. Powell as Chief Risk Officer effective January 15, 2027, after which he will no longer serve as Chief Operating Officer.
TL;DR.Wells Fargo delivered 13% EPS growth, stronger returns, 11% loan and deposit growth, broad segment revenue gains, lower expenses, favorable consumer credit indicators, and unchanged full-year NII and expense guidance. Sequentially, earnings fell and credit costs and commercial charge-offs increased; NIM was lower than a year ago, CET1 declined, Markets and Home Lending weakened, and credit-card new accounts fell 7%.
Bullish
+Average loans and deposits each grew 11% year over year.
+Consumer credit indicators remained favorable, with the charge-off ratio down from both the prior quarter and prior year and early-stage delinquencies at historically low levels.
Bearish
−Credit-card new accounts declined 7% year over year.
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
2,614 of 2,904 funds reported for Sep 30 · net +12.0M sh shares · +116 new
Insider flowFlat
No net insider activity over 90 days
Short interestRising
1.07% of shares out · ▲ +19.9% MoM · 2.3 days cover
Volume signalNormal
Volume near normal
Institution breadthMulti-yr high
2,904 holders — near 3-yr high, broad support
Squeeze score56
elevated · 0–100
Fundamentals
Strong
Revenue growth−2%
Y/Y
EPS growth+17%
Y/Y
ValuationP/E 12.2
below peers
Buyback$20.2B
remaining
Balance sheet$20.4B
net debt
Quant / Vol
risk profile
Moderate
Volatility26%
annualized · 1-yr
Max drawdown−24%
past year
ATR2.2%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
what management promised — and delivered
Latest guidance
· from the 8-K filed Oct 13, 2026
2026
Net interest income (NII)
Maintained
$50B
Jul 14, 2026$50B→changed toOct 13, 2026$50B
Noninterest expense
Maintained
$55.7B
Jul 14, 2026$55.7B→changed toOct 13, 2026$55.7B
4Q26
Net interest income (NII)
$13B
Net interest income
$13B
Previous outlook
earlier release· from the Earnings Call filed Apr 14, 2026
Still-open targets the latest release did not restate under the same label.
G-SIB surcharge
· for the foreseeable future1.5%
Net interest income
· 2026$50B
Markets NII
· 2026$2B
ROTCE
· in a reasonable amount of time17% – 18%
NII
· through the rest of the year$50B
Expenses
· $55.7B
Prior guidance
period ended· from the 8-K filed Jul 14, 2026
Common stock dividend
· Third quarter 2026$0.50
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holdersBuy
0 · 4 · 3
50 / 200-day cross
No crossNeutral
Price vs 200-day avg
+3%Bullish
Price vs 50-day avg
+2%Bullish
RSI (14)
57Neutral
MACD trend
PositiveBullish
52-week position
55%Neutral
Volume (OBV)
ConfirmsNeutral
Market signals — smart money & positioning
Bullish · 2 of 6
Trend (MA cross)No cross
50d $84 › 200d $83 — 50d above 200d
Institutional flowAccumulating
2,614 of 2,904 funds reported for Sep 30 · net +12.0M sh shares · +116 new
Insider flowFlat
No net insider activity over 90 days
Short interestRising
1.07% of shares out · ▲ +19.9% MoM · 2.3 days cover
Volume signalNormal
Volume near normal
Institution breadthMulti-yr high
2,904 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low$73Now $86 · 55%Range high$96
vs 200-day avg +3%vs 50-day avg +2%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Wells Fargo & Company reported third quarter 2026 net income of $6.0 billion and diluted earnings per common share of $1.87; first-nine-month net income was $17.6 billion and diluted EPS was $5.47.
Dividends per share over the trailing 365 days by ex-date · buyback figures as last
reported in SEC filings ("spent" derived as authorized − remaining; when several
programs run concurrently, authorized is their combined total per the newest filing) ·
components shown separately — trailing-year buyback spend isn't tracked, so no
combined shareholder yield is derived.
