The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Wells Fargo & Company NYSE: WFC delivered third-quarter financial results on Oct. 14, 2025, which significantly outpaced market expectations and triggered a notable response from investors.
Wells Fargo only derived 56% of its Q3 2025 revenue from net interest income, a key benefit amid ongoing Fed rate cuts. The bank's preferred shares enjoy robust coverage in terms of net income and common equity market capitalization. Despite solid returns for WFC common stock this year, the Series DD preferred shares have recently declined in value, losing close to 5% in a single month.
A little over four months after the removal of an asset cap that had been imposed by the Federal Reserve, Wells Fargo aims to shift the conversation from the improvements it made to earn that achievement to the work it has done to improve growth and returns.
WFC's Q3 profit tops estimates as fee income and loan growth lifted results despite rising expenses.
Wells Fargo & Company (NYSE:WFC ) Q3 2025 Earnings Call October 14, 2025 10:00 AM EDT Company Participants John Campbell - Director of Investor Relations Charles Scharf - President, CEO & Chairman Michael Santomassimo - Senior EVP & CFO Conference Call Participants Kenneth Usdin - Bernstein Autonomous LLP Ebrahim Poonawala - BofA Securities, Research Division John McDonald - Truist Securities, Inc., Research Division Robert Siefers - Piper Sandler & Co., Research Division L. Erika Penala - UBS Investment Bank, Research Division Betsy Graseck - Morgan Stanley, Research Division Matthew O'Connor - Deutsche Bank AG, Research Division John Pancari - Evercore ISI Institutional Equities, Research Division Gerard Cassidy - RBC Capital Markets, Research Division Christopher McGratty - Keefe, Bruyette, & Woods, Inc., Research Division Presentation Operator Welcome, and thank you for joining the Wells Fargo Third Quarter 2025 Earnings Conference Call.
Wells Fargo & Co (NYSE:WFC, ETR:NWT) stock jumped 6.4% after the financial services firm reported stronger-than-expected results for the third quarter. Net income of $5.6 billion, or $1.66 per diluted share, surpassed Wall Street expectations of $1.55 per share.
Although the revenue and EPS for Wells Fargo (WFC) give a sense of how its business performed in the quarter ended September 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Wells Fargo (WFC) came out with quarterly earnings of $1.73 per share, beating the Zacks Consensus Estimate of $1.55 per share. This compares to earnings of $1.52 per share a year ago.
CNBC's Leslie Picker joins 'Squawk Box' to break down the company's quarterly earnings results.
Wells Fargo (NYSE:WFC) is poised to announce its earnings on Tuesday, October 14, 2025, representing the first complete quarterly report since the Federal Reserve removed the bank's enduring $1.95 trillion asset cap in late May 2025. Although the removal of the asset cap is a significant benefit in the long run, its effect on Q3 results is expected to be minimal, as it will require time for Wells Fargo to expand lending, deposit acquisition, and other revenue-generating operations.
In the latest trading session, Wells Fargo (WFC) closed at $79.73, marking a -1.74% move from the previous day.