Wells Fargo & Company (NYSE:WFC – Get Free Report) is expected to be posting its Q3 2026 results before the market opens on Tuesday, October 13th. Analysts expect Wells Fargo & Company to post earnings of $1.85 per share and revenue of $22.31 billion for the quarter. Individuals may visit the company’s upcoming Q3 2026 earnings summary 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 posted its quarterly earnings data on Tuesday, July 14th. The financial services provider reported $1.96 earnings per share for the quarter, beating analysts’ consensus estimates of $1.73 by $0.23. The firm had revenue of $22.62 billion for the quarter, compared to analyst estimates of $21.86 billion. Wells Fargo & Company had a net margin of 17.55% and a return on equity of 13.85%. Wells Fargo & Company’s quarterly revenue was up 8.6% on a year-over-year basis. During the same period last year, the firm posted $1.60 EPS. 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 Stock Performance
Shares of WFC opened at $83.67 on Friday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.90 and a current ratio of 0.90. The stock has a market capitalization of $253.01 billion, a P/E ratio of 12.16, a P/E/G ratio of 0.89 and a beta of 0.96. The company’s fifty day moving average is $85.83 and its two-hundred day moving average is $83.18. Wells Fargo & Company has a 1 year low of $72.78 and a 1 year high of $97.76.
Wells Fargo & Company Increases Dividend
Key Stories Impacting Wells Fargo & Company
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.
Analysts Set New Price Targets
WFC has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. dropped their price target on shares of Wells Fargo & Company from $95.50 to $91.50 and set a “neutral” rating on the stock in a research note on Friday, October 2nd. UBS Group reduced their price objective on shares of Wells Fargo & Company from $104.00 to $102.00 and set a “buy” rating for the company in a research report on Monday, October 5th. Wall Street Zen raised Wells Fargo & Company from a “sell” rating to a “hold” rating in a report on Sunday, June 14th. Truist Financial boosted their target price on Wells Fargo & Company from $94.00 to $95.00 and gave the stock a “buy” rating in a research report on Thursday, October 1st. Finally, The Goldman Sachs Group cut their target price on Wells Fargo & Company from $107.00 to $96.00 and set a “buy” rating for the company in a research note on Monday, October 5th. Two analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $99.47.
Check Out Our Latest Report on WFC
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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