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AI brief of an SEC Form 8-K · Wells Fargo (WFC)

Wells Fargo Q3 2026 Net Income $6.0 Billion, EPS $1.87, Up 13% From a Year Ago

Positive Impact 3 of 5 earnings Written later

Wells Fargo reported third quarter 2026 net income of $5,951 million, or $1.87 per diluted share, compared with $5,589 million and $1.66 a year earlier. Revenue rose 2% from a year ago to $21,870 million, but fell 3% from the second quarter, when EPS was $2.00, and the provision for credit losses rose 51% from a year ago.

Key points

  • Diluted EPS of $1.87 rose 13% from $1.66 a year ago but fell 6% from $2.00 in the second quarter of 2026.
  • Total revenue was $21,870 million, up 2% from a year ago; noninterest expense fell 1% to $13,743 million.
  • Provision for credit losses rose to $1,029 million from $681 million a year ago; CET1 ratio was 10.0%, down from 11.0%.
  • The company repurchased 28.6 million shares, or $2.5 billion, of common stock in the third quarter.

The filing

CompanyWells Fargo (WFC)
Form8-K, current report
Filed with the SECOct 13, 2026, 6:28 AM ET
Accession number0000072971-26-000318

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 2:16 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 13, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.