Wells Fargo & CompanyWFC
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Wells Fargo beat Q2 CY2026 revenue and EPS estimates, with revenue and earnings surpassing analyst expectations.
Impact on stocks 1
Financials
Wells Fargo & CompanyWells Fargo reported second-quarter CY2026 results that exceeded market expectations, with revenue rising 8.2% year on year to $22.62 billion, surpassing analyst estimates of $21.85 billion. GAAP earnings per share came in at $2.00, 16.4% above the consensus estimate of $1.72. Net interest income grew 5.2% to $12.32 billion, in line with expectations, while the efficiency ratio improved to 60%, beating the 63.2% estimate. Tangible book value per share reached $46.13, a 6.5% increase from a year ago and slightly above forecasts. The stock rose 1.9% to $89.37 in immediate after-market trading.
Wells Fargo & CompanyWells Fargo beat Q2 CY2026 revenue and EPS estimates, with revenue and earnings surpassing analyst expectations.