secwatch.observer — SEC 8-K summary
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Issuer:     WELLS FARGO & COMPANY/MN (WFC)
CIK:        0000072971
Form:       8-K
Filed at:   2026-10-13T10:28:19+00:00
Accession:  0000072971-26-000318
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Wells Fargo Q3 2026 net income $6.0B, EPS $1.87 (+13% YoY); revenue $21.9B up 2%, CET1 10.0%
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- Net income $5,951M, diluted EPS $1.87 vs $1.66 a year ago; total revenue $21,870M rose 2% YoY but fell 3% from Q2's $22,622M.
- Provision for credit losses jumped 51% YoY to $1,029M on higher C&I and auto allowances; net charge-offs 0.38% of average loans, NPAs $7,359M, down $585M QoQ.
- Noninterest expense $13,743M, down 1% YoY with an 8% headcount reduction; net interest income $12,517M (+5%); ROTCE 16.3% vs 15.2%, ROE 13.8%.
- Segment revenue: Wealth & Investment Management +12%, Commercial Banking +6%, Consumer Banking and Lending +5%, CIB +3%; M&A revenue +30%, equities +21%, FICC -7%.
- Repurchased 28.6M shares for $2.5B in Q3; CET1 10.0% vs 11.0% a year ago; average loans and deposits both up 11%, to $1,033.4B and $1,482.9B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/72971/000007297126000318/0000072971-26-000318-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/72971/000007297126000318/wfc-20261013.htm
  HTML page:      https://secwatch.observer/filing/0000072971-26-000318

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer