Wells Fargo shares rise 0.2% after results
The numbers from Wells Fargo's results, how they compared with forecasts, and the stock's reaction.
The short version
- WFC +0.20% after results.
- EPS $1.87 vs $1.85 expected.
Wells Fargo (WFC) reported results on Tuesday, 13 October, and the shares closed up 0.2% at $80.90 on Wednesday, 14 October.
What the company reported
Earnings per share came in at $1.87 against the $1.85 consensus, a +1.1% surprise, on the adjusted basis Zacks tracks (Nasdaq).
The results came in an 8-K filed 13 October. From the filing: Read it on SEC.gov.
“23Q26 Financial Results 14.7% 16.2% YTD25 YTD26 $13.8 $13.7 Revenue-related Expenses Non-revenue Related Expenses 3Q25 3Q26 211 194 Headcount 3Q25 3Q26 Clear progress on path to improved financial results and returns Earnings Per Share ($ per diluted share) $20.4 $21.4 $21.9 3Q24 3Q25 3Q26 Return on Average Tangible Common Equity (ROTCE)1 Noninterest Expense ($ in billions) and Headcount (# in '000s, period-end) YoY defined as year-over-year.”Over the 4 quarters in Nasdaq's surprise table before this report, Wells Fargo beat the consensus EPS estimate 3 times.
How the stock had been trading
Before the reaction, Wells Fargo closed at $80.74. The shares are down 13.2% in 2026 and 16.1% below their 52-week closing high of $96.39. Over the past month they are down 8.8%. Nasdaq puts the company's market value at about $244.2B.
The revenue trend before this report
The last quarter on file with the SEC before this release (ended 30 September 2020) showed revenue of $18.9B, -14.3% year over year.
Figures: Nasdaq earnings calendar (Zacks), SEC EDGAR 8-K and XBRL, Yahoo Finance and Nasdaq prices. Prices are closing prices unless marked.
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