Wells Fargo & Company (NYSE:WFC – Get Free Report) is projected to announce its Q3 2026 results before the market opens on Tuesday, October 13th. Analysts expect the company to post earnings of $1.85 per share and revenue of $22.31 billion for the quarter. Interested persons may review the information on the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Tuesday, October 13, 2026 at 10:00 AM ET.
Wells Fargo & Company (NYSE:WFC – Get Free Report) last announced its quarterly earnings data on Tuesday, July 14th. The financial services provider reported $1.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.73 by $0.23. Wells Fargo & Company had a return on equity of 13.85% and a net margin of 17.55%. The firm had revenue of $22.62 billion during the quarter, compared to analysts’ expectations of $21.86 billion. During the same period last year, the business posted $1.60 earnings per share. The company’s revenue for the quarter was up 8.6% compared to the same quarter last year. On average, analysts expect Wells Fargo & Company to post $7.27 EPS for the current fiscal year and $8.04 EPS for the next fiscal year.
Wells Fargo & Company Trading Up 0.1%
Shares of NYSE:WFC opened at $83.67 on Monday. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 1.09. Wells Fargo & Company has a 52-week low of $72.78 and a 52-week high of $97.76. The stock has a market cap of $253.01 billion, a price-to-earnings ratio of 12.16, a PEG ratio of 0.89 and a beta of 0.96. The business has a 50-day moving average price of $85.83 and a 200-day moving average price of $83.22.
Wells Fargo & Company Increases Dividend
Wall Street Analyst Weigh In
Several equities analysts recently weighed in on WFC shares. Keefe, Bruyette & Woods cut their price target on shares of Wells Fargo & Company from $98.00 to $94.00 and set a “market perform” rating on the stock in a report on Wednesday, July 15th. JPMorgan Chase & Co. decreased their price objective on shares of Wells Fargo & Company from $95.50 to $91.50 and set a “neutral” rating for the company in a research note on Friday, October 2nd. Truist Financial lifted their price objective on shares of Wells Fargo & Company from $94.00 to $95.00 and gave the company a “buy” rating in a research note on Thursday, October 1st. The Goldman Sachs Group dropped their price objective on shares of Wells Fargo & Company from $107.00 to $96.00 and set a “buy” rating on the stock in a report on Monday, October 5th. Finally, HSBC began coverage on shares of Wells Fargo & Company in a research note on Monday, September 28th. They issued a “buy” rating and a $108.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, Wells Fargo & Company currently has an average rating of “Moderate Buy” and an average target price of $99.47.
Wells Fargo & Company News Roundup
Here are the key news stories impacting Wells Fargo & Company this week:
- Positive Sentiment: Potential crypto-trading partnership: Wells Fargo is reportedly in discussions with Payward, the parent of Kraken, to source liquidity for institutional crypto trading. A deal could expand WFC’s digital-asset services and wealth-management offering, although negotiations remain unconfirmed. WFC Eyes Crypto Trading Expansion: Will It Boost Digital Strategy?
- Positive Sentiment: Constructive earnings outlook: Analysts expect third-quarter 2026 results to benefit from higher net interest income, investment-banking fees and asset-based fees. Investors will also watch asset quality and credit costs when WFC reports. Wells Fargo Q3 Earnings on the Deck
- Positive Sentiment: Analyst support: TD Cowen initiated coverage with a Buy rating and a $95 price target, while WFC was included among financial stocks receiving strong EPS-revision grades. These signals suggest improving earnings expectations and potential upside from current levels. Wells Fargo Among Financial Stocks With Strong EPS Revision Grades
- Neutral Sentiment: Options activity: Trading in WFC call options was unusually heavy, indicating increased speculative interest and potentially bullish positioning, but it does not by itself establish a fundamental change in the company’s outlook.
- Negative Sentiment: Federal housing review: HUD and the Trump administration are examining whether Wells Fargo’s mortgage approvals, pricing and outreach programs treated Black borrowers differently. A formal discrimination investigation could create legal, compliance and reputational costs and represents a setback to the bank’s regulatory-recovery narrative. Wells Fargo Faces Regulator Probe Over Black Homeownership Efforts
- Negative Sentiment: Rate and credit concerns: Analysts note that sharply rising bond yields can pressure bank securities portfolios, funding costs and loan demand, while investors remain alert to potential asset-quality deterioration ahead of earnings.
About Wells Fargo & Company
Wells Fargo & Company (NYSE: WFC) is a diversified financial services company that provides banking, lending, investment, and wealth management services to individuals, businesses, institutions, and government entities. Its offerings include checking and savings accounts, credit cards, personal and commercial loans, mortgages, payment services, and other deposit and credit products.
The company also provides investment banking, capital markets, brokerage, advisory, asset management, and retirement services through its corporate and investment banking and wealth and investment management businesses.
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