Wells Fargo Tops Profit Estimate on Interest Income Boost
Net income rose 17% to $6.41 billion as average loans jumped 12% and markets revenue climbed 24%, Wells Fargo said.
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Wells Fargo & Company (NYSE:WFC) Releases Earnings Results, Beats Estimates By $0.27 EPS
Wells Fargo & Company (NYSE:WFC - Get Free Report) announced its quarterly earnings results on Tuesday. The financial services provider reported $2.00 earnings per share for the quarter, beating the consensus estimate of $1.73 by $0.27. Wells Fargo & Company had a return on equity of 13.27% and a net margin of 17.26%.The company's revenue for the quarter was up 8.6% compared to the same quarter last year. During the same period last year, the fi…
Wells Fargo reported net profit of US$ 6.41 billion in the second quarter of 2026, a 17% increase compared to the same period in the previous year. The value corresponds to a profit per share of US$ 2, above the estimate of US$ 1.72 of the FactSet. The revenue was US$ 22.62 billion in the quarter, approximately 9% above the same period of 2025 and also above the market estimates. The initial reaction of the investors to the results of Wells Farg…
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