Wells Fargo & Company · WFC · Next earnings

Wells Fargo & Company reports Tuesday, Oct 13, 2026

WFC reports before market open with consensus EPS at $1.85 and revenue at $22.37B. Last quarter: Wells Fargo Beats on EPS and Revenue, Reaffirms $50B NII as Balance Sheet Expands

Reports Before market open23 days awayDate estimated Financial Services

What the street expects

Consensus for the coming report
Consensus EPS $1.85 Calendar consensus
Consensus revenue $22.37B Calendar consensus
Report date Oct 13, 2026 Tuesday, date estimated
Session Before market open 23 days away

Where WFC left off: FY2026 Q2

Full report

Wells Fargo Beats on EPS and Revenue, Reaffirms $50B NII as Balance Sheet Expands

EPS surprise +13.3% Reported $1.96 vs $1.73
Revenue surprise +3.5% Reported $22.62B vs $21.86B
Stock move -2.7% Event window
Subsequent drift +2.3% Up to 20 sessions

Maintained. Management reaffirmed full-year net interest income guidance of approximately $50B and expressed continued confidence in achieving a 17-18% ROTE target. The CET1 ratio target remains 10-10.5% with compliance pending finalization of new capital rules. No changes to expense guidance or capital return cadence were indicated.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • NIM compression from growth in lower-margin markets financing.
  • Credit cycle risk despite current strong credit quality.
  • Interest-rate uncertainty affecting NII and NIM trajectory.
  • Regulatory capital rule changes pending finalization could affect CET1 buffers.
  • Lumpy non-interest income sources (e.g., venture capital equity gains) may not recur.

Questions analysts left open

  • Timing and magnitude of NIM stabilization in Q4.
  • Sustainability of expense discipline and future headcount reductions.
  • Impact of non-interest bearing deposit growth assumptions on net interest income.

Ask FN2 about WFC next report

Transcript, numbers and history already loaded
What should I watch for in WFC's next earnings report?How did WFC guide last quarter, and is consensus above or below that?Give me the bull and bear case going into WFC earnings.

Free account. Your question opens in FN2 with this report's transcript and numbers attached.

Get the WFC recap when the next report posts

One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.

Recent WFC quarters

All WFC earnings
-2.7%FY2026 Q2

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q2

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.