WELLS FARGO & COMPANY/MN (WFC) Form 8-K — Jul 14, 2026
Wells Fargo reported second quarter 2026 net income of $6.4 billion, or $2.00 per diluted share, up 25% from the prior year. Total revenue increased 9% to $22.6 billion, driven by growth in both net interest income and noninterest income across all operating segments. The bank demonstrated strong operating discipline with an efficiency ratio of 60% and a return on tangible common equity (ROTCE) of 17.7%. Average loans grew 12% to $1.0 trillion and average deposits increased 10% to $1.5 trillion, reflecting balance sheet expansion after years of asset caps.
Key figures
- Eps
- 2
- Roe
- 15.0%
- Rotce
- 17.7%
- Eps Beat
- 25% YoY increase
- Revenue
- 22622
- Cet1 Ratio
- 10.3%
- Net Income
- 6407
- Revenue Yoy
- 9%
- Average Deposits
- 1465.6
- Efficiency Ratio
- 60%
- Net Interest Income
- 12317
- Noninterest Income
- 10305
- Provision For Credit Losses
- 914
- Dividend Increase
- 11%
- Shares Repurchased
- 37.4
- New Dividend Per Share
- 0.5
- Share Repurchase Value
- 3000
Price after filing
Close on the filing date to close N calendar days later (from $86.91). Historical, not a forecast.
AI analysis
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