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Earnings preview

Wells Fargo reports Tuesday: the numbers to know before WFC earnings

Consensus is $1.85 a share vs $1.73 a year ago. Last quarter's revenue: $18.9B, -14.3% year over year.

The short version

  • Reports before the open on Tuesday, 13 October; consensus EPS $1.85 vs $1.73 a year ago.
  • Last quarter: revenue $18.9B (-14.3% YoY), net income $6.4B.
  • Stock down 10.4% in 2026.
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Wells Fargo (WFC) reports results for its quarter ending September 2026 before the open on Tuesday, 13 October. The consensus forecast is earnings of $1.85 a share, based on 8 analyst estimates compiled by Zacks and published by Nasdaq. A year earlier the company reported $1.73 for the same quarter, so the forecast implies EPS growth of +6.9%.

Shares closed at $83.55 on Friday, 9 October, up 1.85% on the day, for a market value of about $248.06B according to Nasdaq. The stock is down 10.4% so far in 2026, and sits 13.3% below its 52-week closing high of $96.39 from 6 January.

The earnings track record

Wells Fargo has topped the consensus EPS estimate in 3 of the last 4 quarters, according to Nasdaq's earnings-surprise data. (These EPS figures are on the adjusted basis Zacks tracks, which can differ from the GAAP diluted EPS in the SEC filing.) Most recently, for the quarter ending June 2026, it reported $1.96 a share against a $1.73 forecast, a +13.3% surprise.

Reported EPS Consensus
$1.73
$1.55
Sep 2025
$1.76
$1.66
Dec 2025
$1.56
$1.58
Mar 2026
$1.96
$1.73
Jun 2026
Wells Fargo: EPS vs. consensus Source: Nasdaq (Zacks)

Measured from the close before each report date to the close of the next session after it, the shares moved an average of 5.5% (in either direction) around the last 4 releases. The biggest swing was +9.6% around the report dated 14 October 2025.

What the forecast implies

The $1.85 consensus sits 5.6% below the $1.96 Wells Fargo reported for the previous quarter.

WFC daily close, 1 year Source: Yahoo Finance

Figures: SEC EDGAR (10-Q/10-K XBRL), Nasdaq earnings calendar and surprise history (Zacks), Yahoo Finance prices. Prices are closing prices unless marked.

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