Wells Fargo Q3 EPS $1.66, revenue $21.4B, CET1 11.0%; Scharf named Chairman

WELLS FARGO & COMPANY/MN

2025-Q3 EPS reported $4.64

Net income $5.6B, EPS $1.66 (up 17% YoY), revenue $21.4B (+5% YoY).
Net interest income $11.95B (+2% YoY); noninterest income +9% on asset-based fees and investment banking.
CET1 ratio 11.0%; returned $6.1B in share repurchases and increased common dividend 12.5% in Q3.
Board appointed Charlie Scharf as Chairman, Steven Black as Lead Independent Director.
Credit quality improved: net charge-offs $954M (-14% YoY), nonaccrual loans 0.81% of total loans.

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