Wells Fargo Q1 2026 net income $5.3B, EPS $1.60 up 15% YoY; revenue $21.4B

WELLS FARGO & COMPANY/MN

2026-Q1 EPS reported $1.60

Diluted EPS $1.60 vs $1.39 Q1 2025 (+15%); total revenue $21.4B (+6%).
Net interest income $12.1B (+5%); noninterest income $9.35B (+8%).
CET1 ratio 10.3% (down from 11.1% a year ago); repurchased 46.3M shares for $4.0B.
Consumer Banking & Lending rev +7%, Commercial Banking +7%, CI Banking +11%, Wealth & Inv Mgmt +14%.
Net charge-offs stable at 0.45% of avg loans; provision for credit losses $1.14B (+22% YoY).

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

WELLS FARGO & COMPANY/MN reported Quarter ended Mar 31, 2026 results: revenue $ 21,446, net income 5,253, EPS 1.60.

Period: Quarter ended Mar 31, 2026
Revenue: $ 21,446
Net income: 5,253
EPS: 1.60
Result: reported results

Exact text from the filing

Quarter ended Mar 31, 2026 Mar 31, 2025 Selected Income Statement Data ($ in millions except per share amounts) Total revenue $ 21,446 20,149 Noninterest expense 14,330 13,891 Provision for credit losses 1 1,135 932 Net income 5,253 4,894 Diluted earnings per common share 1.60 1.39

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Source: SEC EDGAR

accession 0000072971-26-000213

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