Wells Fargo Q2 FY26 net income rises 17% to $6.41 billion; revenue increases 9% to $22.62 billion

Wells Fargo & Company

Wells Fargo & Company

WFC

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  • Wells Fargo posted second-quarter 2026 net income of USD 6.4 billion, up 17% from a year earlier; diluted EPS rose 25% to USD 2.
  • Revenue climbed 9% to USD 22.62 billion, with net interest income up 5% to USD 12.32 billion.
  • Noninterest expense increased 2% to USD 13.66 billion, pushing the efficiency ratio down 4 percentage points to 60%.
  • Average loans rose 12% to USD 1.03 trillion, while average deposits increased 10% to USD 1.47 trillion.
  • Repurchased 37 million shares for USD 3 billion; expects the third-quarter common dividend to rise 11% to USD 0.5 per share.


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