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.
WFC's Q3 results may get a lift from higher fee income and modest NII growth amid stable rates and tighter cost control.
Wells Fargo (WFC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Ohsung Kwon, Wells Fargo Securities, joins 'Fast Money' to talk what is ahead for markets as tech leads markets higher.
Wells Fargo (WFC) concluded the recent trading session at $80.87, signifying a -3.52% move from its prior day's close.
Wells Fargo (WFC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.