Earnings ·
Wells Fargo Reports $6.0 billion Q3 Net Income, or $1.87 per Diluted Share
WFCWells Fargo & Company
Wells Fargo & Company reported third quarter 2026 net income of $5.95 billion, or $1.87 per diluted share, compared to $5.59 billion, or $1.66 per diluted share, in the prior year period. Total revenue was $21.87 billion, up 2% from a year ago, driven by a 5% increase in net interest income to $12.52 billion and a 1% decline in noninterest income to $9.35 billion. Noninterest expense decreased 1% to $13.74 billion, while the provision for credit losses rose 51% to $1.03 billion. The company repurchased $2.5 billion of common stock and increased its quarterly dividend to $0.50 per share. Wells Fargo operates as a diversified financial services holding company providing banking, investment, and mortgage products.