Wells Fargo stock: Wells Fargo reports third-quarter profit growth

Published on 10/20/2026 at 16:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Net income reached USD 5.95 billion in the third quarter, up 6.00 percent year over year. Wells Fargo stock costs EUR 73.15 on October 20, 2026.

Profit and valuation in view

Wells Fargo reported third-quarter net income of USD 5.95 billion on October 13, 2026.
Third-quarter diluted earnings per share rose 13.00 percent year over year to USD 1.87.
Wells Fargo stock costs EUR 73.15 at Lang & Schwarz on October 20, 2026 at 4:03 p.m. CEST.
The bank trades at a price-to-earnings ratio of 11.50 and has a USD 248.3 billion market capitalization.

Flatlay Aktienzertifikat mit ISIN-Karte und Geld, Wells Fargo & Co., US9497461015 — Flatlay mit Aktienzertifikat und ISIN-Karte veranschaulicht die Kapitalanlage in Wells Fargo & Co., US9497461015, Illustration mit AI erstellt.

Wells Fargo & Co. (ISIN US9497461015) reported third-quarter net income of USD 5.95 billion, up 6.00 percent from the year-earlier quarter. Reuters reported that net interest income rose 5.00 percent to USD 12.52 billion for the three months ended September 30, 2026. Wells Fargo stock was trading at EUR 73.15 at Lang & Schwarz on October 20, 2026 at 4:03 p.m. CEST.

Earnings beat, revenue missed

The quarter delivered a split result. Diluted earnings per share increased 13.00 percent year over year to USD 1.87, above the USD 1.85 consensus estimate, while revenue rose 2.00 percent to USD 21.87 billion and fell short of the USD 22.31 billion forecast. CNBC reported the earnings and revenue comparison on October 13, 2026.

Loans grew faster than revenue

Average loans and deposits each increased 11.00 percent from the year-earlier quarter, according to the company release carried by MarketScreener on October 13, 2026. The faster balance-sheet expansion compared with 2.00 percent revenue growth leaves net interest income and fee businesses as the key operating measures for the next report.

Valuation and reporting dates

Wells Fargo had a price-to-earnings ratio of 11.50 and a USD 248.3 billion market capitalization as of October 20, 2026. Its USD 72.78 to USD 97.76 52-week range puts the euro quotation within the current market frame, while trading volume reached 2,642,330 shares in the US session. Wells Fargo is listed on the NYSE under ticker WFC, as identified in the company profile carried by Investing.com.

The third-quarter report was published on October 13, 2026. The same release maintained full-year 2026 net interest income guidance of USD 50.0 billion, plus or minus, giving investors a second dated operating benchmark alongside the quarterly result.

Stock price and investor view

The immediate picture combines stronger earnings with slower revenue growth. That mix makes the 13.00 percent earnings-per-share increase more informative than the headline net-income gain alone, because the revenue miss shows that loan and deposit growth did not translate one-for-one into sales.

Wells Fargo stock was trading at EUR 73.15 at Lang & Schwarz on October 20, 2026 at 4:03 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Wells Fargo stock.