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WFC · Q2 2026

Archived report (Q2 2026). Latest deep dive →

US GAAP · $M · vs Q2 2025 · reported 07/14/2026

WFC — Wells Fargo & Company is a financial services company offering banking, mortgage, investment, and insurance services to individuals and businesses.

More about the company

It is headquartered in San Francisco, California.

All figures in $M.

Revenue

$22,622

+8.6%

Net income

$6,645

+20%

Sankey diagram of WFC earnings report for Q2 2026: revenue, costs and profitNet Interest Income$12,317 · +5.2%Noninterest (Fee) Income$10,305 · +13.1%Total Revenue$22,622 · +8.6%NoninterestExpense$13,661 · +2.1%efficiency 60%Provision forCredit Losses$914charge-offs 0.34%Pre-Tax Income$8,047 · +25%PTPP $9.0B, +20%Income Tax$1,402 · ETR 17.4%Net Income(before NCI)$6,645 · +20%NCI & Preferred Dividends$485Net Income to Common$6,160 · +18%$2.00/sh · ROTCE 17.7%

Verdict: the first clean growth quarter after the asset cap came off — revenue +9% with fee income +13% and loans +12%, pre-tax pre-provision profit +20% as expenses grew just 2%; the efficiency ratio hit 60% and ROTCE 17.7%, showing the operating leverage the cap had suppressed for years.

ROE 15.0%, ROTCE 17.7%, efficiency ratio 60%. CET1 ratio 10.3%. Net charge-offs $876M (0.34% of loans, down $121M). $132M of discrete tax benefits added $0.04 to EPS. Diluted EPS $2.00.

Source and notation

* marks non-cash / ≈ estimated. Bank layout: net interest income + fee income → revenue → expenses, provision, tax. Source: Wells Fargo press release 8-K EX-99.3 (SEC EDGAR).

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How this page was made: the figures come from the company's own report on SEC EDGAR; the summary and nuances were drafted by our model from that report; the short company description was also written by our model. Figures checked against the filing on 08/26/2026. How we make the breakdowns · Report an error

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Q3 2026latestA steady quarter — revenue rose 2% to $21.9B as net interest income grew 5% while fee income slipped 1% on lower…
Q2 2026The first clean growth quarter after the asset cap came off — revenue +9% with fee income +13% and loans +12%, pre-tax…

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