Wells Fargo & Co. (WFC) Financials
Key financial figures for Wells Fargo & Co. (Q2 2026).
Wells Fargo reported Q2 2026 net income of $6.4 billion ($2.00 diluted EPS) on total revenue of $22.6 billion (up 9% year over year), with ROTCE improving to 17.7% and the efficiency ratio improving to 60%, per the company's 8-K press release. Results appear to have come in ahead of the prior-year quarter across the board: net interest income of $12.3B (+5% YoY) and noninterest income of $10.3B (+13% YoY) both grew, per the 8-K. Efficiency ratio improved to 60% from 64% in Q2 2025 and from 67% in Q1 2026, suggesting better expense discipline alongside revenue growth, though the exact mix of drivers (revenue growth vs. cost cuts) is not fully broken out in the release. On the outlook: Management reiterated full-year 2026 guidance as unchanged from prior guidance: net interest income of approximately $50 billion and noninterest expense of approximately $55.7 billion, per the 8-K press release. Figures are for Q2 2026, as Wells Fargo & Company reported them.
- Revenue
- $22.6B
- Net Income
- $6.6B
- EPS
- $2.02
- Total Assets
- $2.28T
- Operating Cash Flow
- $6.8B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q2 FY2026 | $33.6B | $6.4B | $2.00 | 23.96% | $6.8B |
| Q1 FY2026 | $31.8B | $5.3B | $1.60 | 18.4% | $9.1B |
| Q4 FY2025 | $31.8B | $5.4B | $1.67 | 20.51% | $4.1B |
| Q3 FY2025 | $31.9B | $5.6B | $1.66 | 21.65% | -$869M |
| Q2 FY2025 | $30.2B | $5.5B | $1.60 | 21.33% | -$11.2B |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $123.5B | $21.3B | $6.32 | 20.4% | -$19.0B |
| FY2024 | $125.4B | $19.7B | $5.37 | 18.63% | $3.0B |
| FY2023 | $115.3B | $19.1B | $4.83 | 18.76% | $40.4B |
Frequently asked questions
What was Wells Fargo & Company's revenue last quarter?
Wells Fargo & Company reported revenue of $33.59 billion for Q2 FY2026, up 11.3% from the same period a year earlier.
Is Wells Fargo & Company profitable?
Yes. Wells Fargo & Company reported net income of $6.41 billion for Q2 FY2026, a net margin of 19.07% on revenue.
How has Wells Fargo & Company's margin trended?
Operating margin was 23.96% in Q2 FY2026, compared with 21.33% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
When does Wells Fargo & Company report next?
Wells Fargo & Company is scheduled to report results on 2026-10-13. The company has confirmed that date.
Full income statement, balance sheet and cash flow for Wells Fargo & Co. on SentiSense, with up to forty quarters and twenty fiscal years of history.