Wells Fargo reports third-quarter results on Tuesday
Analysts look for EPS of 1.88 USD on revenue of 22.61 billion USD
Wells Fargo & Company is scheduled to report its third-quarter results on Tuesday, 13 October 2026, before the market opens. The reporting date was confirmed by the bank.
The consensus estimate calls for diluted earnings of 1.88 USD per share on revenue of 22.61 billion USD for the third quarter of 2026. Separately, consensus estimates compiled by Zacks Investment Research project earnings of 1.85 USD per share and revenue of 22.13 billion USD. Over the last four quarters, Wells Fargo beat earnings per share estimates three times and missed once, posting a 15.2% beat in the second quarter of 2026.
Wells Fargo & Company: estimated vs. reported EPS
Per share, in USD. Oldest quarter first.
Source: Finnhub
Executive changes, credit rating, and annual guidance
Corporate guidance monitored by Hudson Labs shows Wells Fargo management holding its full-year 2026 noninterest expense outlook at 55.70 billion USD and full-year net interest income guidance at around 50.00 billion USD. The bank also raised its prime rate to 7.00%, effective 17 September 2026.
Since its previous earnings report, Wells Fargo launched Get Money Ready on 22 September 2026, a free financial education platform. On 23 September 2026, the company announced that Chief Risk Officer Derek Flowers will retire in mid-January, with Chief Operating Officer Scott Powell taking over the role. On 29 September 2026, the bank expanded its agreement with Intercontinental Exchange to service its home loan portfolio on the MSP platform. S&P Global Ratings upgraded Wells Fargo to 'A-' from 'BBB+' on 1 October 2026, citing balance sheet expansion, higher profitability, and better risk oversight. On 7 October 2026, the stock dropped up to 2.2% after reports of a federal probe into lending initiatives for Black homeowners. Most recently, on 9 October 2026, reports emerged that Wells Fargo is discussing crypto trading liquidity with Payward, the parent company of Kraken.
Share prices can rise and fall. Past performance does not guarantee future results. This article is news, not investment advice.
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