StocksMediumUpdated•Originally published 13 October 2026•Updated 13 October 2026•
1 min read
Wells Fargo Q3 Results: Earnings Beat Estimates Despite Revenue Miss
Key Facts
1Wells Fargo reported GAAP EPS of $1.87, beating analyst estimates by $0.01.
2The bank's revenue came in at $21.87B, missing consensus estimates by $450M.
Wells Fargo reported GAAP EPS of $1.87 for the third quarter, beating analyst estimates by $0.01 according to Seeking Alpha. The bank's revenue reached $21.87 billion, missing consensus expectations by $450 million.
WFC closed at $83.32 on October 12, 2026, ahead of the results which showed bottom-line efficiency offsetting top-line challenges. On the same date, peer stocks JPM and BAC closed at $334.3 and $54.58 respectively, reflecting the broader banking sector environment at the time of the release.
Latest Updates · 1
- Notable·
Update: The bank's profit was bolstered by strong performance in its lending division and higher net interest income. This robust loan growth supported the bottom-line results despite the slight miss in total revenue compared to expectations.