I'm rating Wells Fargo a Strong Buy with a $97 price target, implying 21% upside from $80. Removal of the Fed's asset cap enables balance sheet expansion, supporting EPS growth to $8.07 by 2027. Key drivers include net interest income growth, fee-based revenue expansion, disciplined cost reductions and ongoing share repurchases.
WFC targets $13 billion in Q4 net interest income as deposit growth, consumer lending momentum and improving returns support its profitability outlook.
Influential investor Jim Cramer is sticking with Goldman Sachs (GS) and Wells Fargo (WFC) after their Q3 earnings prompted contrasting reactions on Wall Street. In the most recent Investing Club morning meeting, he identified GS as his “favourite bank stock”, and maintained that WFC remains worth buying despite its mixed quarterly earnings.
Wells Fargo & Company ( WFC ) Q3 2026 Earnings Call October 13, 2026 10:00 AM EDT Company Participants John Campbell - Director of Investor Relations Charles Scharf - CEO & Chairman Michael Santomassimo - Senior EVP & CFO Conference Call Participants John McDonald - Truist Securities, Inc., Research Division Kenneth Usdin - Bernstein Autonomous LLP Ebrahim Poonawala - BofA Securities, Research Division Manan Gosalia - Morgan Stanley, Research Division L. Erika Penala - UBS Investment Bank, Research Division Christopher McGratty - Keefe, Bruyette, & Woods, Inc., Research Division Matthew O'Connor - Deutsche Bank AG, Research Division John Pancari - Evercore ISI Institutional Equities, Research Division David Chiaverini - Jefferies LLC, Research Division Presentation Operator Welcome, and thank you for joining the Wells Fargo Third Quarter 2026 Earnings Conference Call.
Wells Fargo & Company NYSE: WFC reported third-quarter results marked by higher earnings, broad-based revenue growth, loan and deposit expansion, and improved returns, while executives said credit conditions remained strong despite risks tied to inflation, interest rates and commercial real estate valuations.
While the top- and bottom-line numbers for Wells Fargo (WFC) give a sense of how the business performed in the quarter ended September 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Wells Fargo & Co (NYSE:WFC, XETRA:NWT) reported third-quarter earnings per share of $1.87, beating analyst estimates of $1.85 and rising 13% from a year earlier. Net income increased 6% to $5.95 billion.
Wells Fargo (WFC) came out with quarterly earnings of $1.87 per share, beating the Zacks Consensus Estimate of $1.85 per share. This compares to earnings of $1.73 per share a year ago.
WFC is set to report Q3'26 results, with higher NII, IB fee revenues and asset-based fee revenues expected to support growth amid asset quality risks.
WFC reportedly eyes a Payward collaboration to obtain crypto trading liquidity, expanding institutional services and deepening digital-asset ties.
Shares of Wells Fargo & Company WFC lost 1.5% in yesterday's trading session after it was revealed that the Department of Housing and Urban Development (HUD) is planning to probe the bank's compliance with fair-lending laws. Per a Yahoo Finance report citing The Wall Street Journal, HUD sent a letter to CEO Charlie Scharf stating that it would investigate the allegations that the company favored Black and other minority homeowners.
Get a deeper insight into the potential performance of Wells Fargo (WFC) for the quarter ended September 2026 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.