Wells Fargo & Company Q1 Earnings Call Highlights

1 week ago 11

MarketBeat

Tue, April 14, 2026 astatine 11:35 AM CDT 9 min read

Wells Fargo & Company logo

Wells Fargo reported coagulated Q1 results with diluted EPS up 15% year-over-year and gross rising 6% (NII +5%, non-interest income +8%), portion returning $5.4 cardinal to shareholders—including $4.0 cardinal successful buybacks—and maintaining a CET1 ratio of 10.3%.
Balance-sheet maturation was strong—period-end loans roseate 11% YoY to transcend $1 trillion and mean deposits accrued 6%—but nett involvement borderline fell 13 bps QoQ and absorption expects further borderline compression portion keeping 2026 nett involvement income guidance astatine astir $50 cardinal (±).
Loans to non-bank fiscal institutions totaled astir $210 billion (21% of loans); absorption says the portfolio is well-secured with beardown recognition show (non-accruals $237 million, 11 bps) and backstage recognition vulnerability of $36.2 billion.
Interested successful Wells Fargo & Company? Here are 5 stocks we similar better.

Intel's New Orbit: From Chip Lag to Leading Edge

Wells Fargo & Company (NYSE:WFC) reported archetypal 4th results that executives said showed continued momentum from investments made crossed the franchise, including higher earnings, broad-based gross growth, and maturation successful some loans and deposits.

Chief Executive Officer Charlie Scharf said diluted net per stock accrued 15% from a twelvemonth earlier arsenic gross roseate 6%, driven by a 5% summation successful nett involvement income and an 8% summation successful non-interest income. Scharf noted that each operating conception posted gross maturation year-over-year, including Consumer Banking and Lending and Commercial Banking, some up 7%. Within the Corporate and Investment Bank, helium cited an 11% summation successful Banking gross and a 19% summation successful Markets revenue, portion Wealth and Investment Management gross roseate 14%.

→ 3 Surprising S&P 500 Outperformers of 2026

Bargain Alert: Wells Fargo and Goldman Sachs Look Deeply Oversold

Scharf said the institution remains focused connected “expense discipline” portion expanding spending successful technology, including AI, and advertising. He besides pointed to “23 consecutive quarters of headcount reductions” arsenic the slope executes ratio initiatives. With gross outpacing expenses, helium said pre-tax, pre-provision nett accrued 14% from a twelvemonth ago.

The slope returned $5.4 cardinal to shareholders during the quarter, including $4.0 cardinal of communal banal repurchases, according to Scharf. Mike Santomassimo, Wells Fargo’s CFO, said superior levels remained strong, with a CET1 ratio of 10.3%—within the company’s 10% to 10.5% people scope and supra its regulatory minimum positive buffers of 8.5%.

Read Entire Article