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Wells Fargo & Company WFC Q1 2026 earnings

Reported April 14, 2026 · Before market open

Revenue$21.4BMiss by $346.4M
EPS$1.56Miss by $0.02
Revenue estimate$21.8B
EPS estimate$1.58

Next report

Oct 13, 2026 (In 1 week)
Revenue estimate$22.4B
EPS estimate$1.85

Financials

Q1 2026

Income statement

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Revenue$21.4B+6.4%
Net income$5.3B+7.3%
EPS (diluted)$1.60+15.1%

Balance sheet

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Cash & equivalents$173.27B-1.6%
Total debt$220.37B-30.6%
Total equity$178.40B-1.5%
Total assets$2.21T+13.1%

Cash flow

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Operating cash flow$9.1B+183%

Valuation & ratios

Valuation

as of 03/31/26
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Market cap$244.8B+4.4%
Enterprise value$291.89B-22.4%
P/E11.3×-0.4×
P/S2.9×0.0×

Profitability

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Net margin25.5%+1.0pp

Returns & leverage

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Return on equity12.1%+1.0pp
Debt / equity1.2×-0.5×

Segments

By segment

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Consumer Banking and Lending$10.0B+12.2%
Corporate and Investment Banking$5.3B+4.2%
Wealth And Investment Management$3.9B0.0%
Commercial Banking$3.1B+6.7%

By product

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Deposit Account$1.3B+3.9%
Investment banking fees$796.0M+2.7%
Commissions and brokerage services fees$667.0M+4.5%
Trailing commissions$244.0M+4.7%

FAQ

When did Wells Fargo & Company report Q1 2026 earnings?
Wells Fargo & Company (WFC) reported Q1 2026 earnings on April 14, 2026 before market open.
What were Wells Fargo & Company's Q1 2026 revenue and EPS?
Wells Fargo & Company reported revenue of $21.4B and eps of $1.56 for Q1 2026.
Did Wells Fargo & Company beat estimates in Q1 2026?
Revenue missed the consensus estimate of $21.8B by $346.4M. EPS missed the consensus estimate of $1.58 by $0.02.
How did Wells Fargo & Company's Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 6.4% from $20.1B a year earlier and eps grew 22.8% from $1.27.
Where can I find Wells Fargo & Company's Q1 2026 SEC filings?
You can read the 8-K earnings release (0000072971-26-000213) and the 10-Q periodic report (0000072971-26-000217) directly on SEC EDGAR. The filing index links above go to sec.gov.