WELLS FARGO & COMPANY/MN (WFC) Form 8-K — Oct 13, 2026
Wells Fargo reported third quarter 2026 net income of $6.0 billion, or $1.87 per diluted share, up 13% from $1.66 a year ago. Total revenue rose 2% year-over-year to $21.9 billion, with net interest income up 5% to $12.5 billion. Average loans and average deposits each grew 11% from a year ago, and ROTCE improved to 16.3% from 15.2%. CEO Charlie Scharf highlighted broad-based growth across all four operating segments, including Wealth and Investment Management revenue up 12% and M&A revenue up 30%.
Key figures
- Eps
- 1.87
- Revenue
- 21870000000
- Guidance
- No formal quantitative guidance provided; management cited broad-based growth, higher earnings, and stronger returns.
- Net Income
- 5951000000
- Total Debt
- 182851000000
- Total Assets
- 2253291000000
- Cash Position
- 40556000000
- Shares Outstanding
- 3001600000
- Lcr
- 122%
- Roe
- 13.8%
- Rotce
- 16.3%
- Cet1 ratio
- 10.0%
- Average loans
- $1,033.4 billion, up 11% YoY
- Share buyback
- $2.5 billion / 28.6 million shares in 3Q26
- Average deposits
- $1,482.9 billion, up 11% YoY
- Efficiency ratio
- 63
- Dividend per share
- $0.50 (up from $0.45)
- Net interest income
- 12517000000
- Net interest margin
- 2.43%
- Noninterest expense
- 13743000000
- Provision credit losses
- 1029000000
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