Wells Fargo Q2 FY26 net income rises 17% to $6.41 billion; revenue increases 9% to $22.62 billion - WFC News | RalliesWells Fargo Q2 FY26 net income rises 17% to $6.41 billion; revenue increases 9% to $22.62 billion
W
WFC• Second-quarter results
- Wells Fargo posted second-quarter 2026 net income of $6.4 billion, up 17% from a year earlier; diluted EPS rose 25% to $2.
- Revenue climbed 9% to $22.62 billion, with net interest income up 5% to $12.32 billion.
- Noninterest expense increased 2% to $13.66 billion, pushing the efficiency ratio down 4 percentage points to 60%.
Balance sheet and capital returns
- Average loans rose 12% to $1.03 trillion, while average deposits increased 10% to $1.47 trillion.
- Repurchased 37 million shares for $3 billion; expects the third-quarter common dividend to rise 11% to $0.5 per share.
•
