Wells Fargo & Co. (WFC) beat expectations in Q2 FY2026 on revenue of $22.6B versus the $21.9B estimate (+11.3% YoY) and EPS of $1.96. The next Wells Fargo & Co. (WFC) earnings date is Oct 13, 2026. Below is the full Wells Fargo & Co. earnings breakdown — the risk-adjusted verdict, price forecast, technicals, options and hedge-fund 13F holdings, decoded in plain English.
$22.6B (vs $21.9B est · +3.5% surprise · +11.3% YoY)
EPS
$1.96 (vs $1.73 est · +13.3% surprise · +25.5% YoY)
Share price
$84.73 (+1.1%)
Market cap
$256.2B
Wells Fargo & Co. (WFC) Earnings Analysis — beat / miss history
Quarter
Revenue
EPS
EPS surprise
Next-day move
Verdict
Q3 FY2026
$22.6B vs $21.9B est
$1.96 vs $1.73 est
+13.3%
-0.2%
Beat
Q2 FY2026
$21.4B vs $21.8B est
$1.56 vs $1.58 est
-1.3%
-7.3%
In line
Q1 FY2026
$21.3B vs $21.6B est
$1.62 vs $1.66 est
-2.4%
-4.9%
Mixed
Q4 FY2025
$21.4B vs $21.1B est
$1.73 vs $1.55 est
+11.6%
+9.6%
Mixed
Q3 FY2025
$20.8B vs $20.8B est
$1.54 vs $1.41 est
+9.2%
-4.2%
Mixed
Q2 FY2025
$20.1B vs $20.7B est
$1.27 vs $1.23 est
+3.3%
+0.0%
Mixed
Q1 FY2025
$20.4B vs $20.6B est
$1.42 vs $1.32 est
+7.6%
+6.7%
Mixed
Q4 FY2024
$20.4B vs $20.4B est
$1.52 vs $1.28 est
+18.8%
+7.6%
Mixed
Top institutional holders
Holder
% outstanding
Shares
Value
QoQ change
Blackrock, INC.
7.9%
250.6M
$20.7B
-3.9%
Vanguard Capital Management LLC
6.3%
199.9M
$16.5B
-0.4%
Fmr LLC
4.8%
152.6M
$12.6B
-5.7%
State Street Corp
4.3%
136.0M
$11.2B
+0.4%
Jpmorgan Chase & CO
3.6%
114.2M
$9.5B
-11.6%
Capital Research Global Investors
2.4%
76.4M
$6.3B
+4.8%
Geode Capital Management, LLC
2.3%
73.9M
$6.1B
+0.1%
Vanguard Portfolio Management LLC
2.0%
62.0M
$5.1B
+0.6%
Norges Bank
1.7%
55.5M
$4.6B
+100.0%
Morgan Stanley
1.7%
53.4M
$4.4B
+3.2%
Recent insider transactions
Insider
Role
Date
Type
Shares
Value
Flowers Derek A.
officer: Sr. EVP and Chief Risk Officer
2026-07-15
Buy
68K
—
Flowers Derek A.
officer: Sr. EVP and Chief Risk Officer
2026-07-15
Sell
68K
—
SARGENT RONALD
director
2026-07-01
Buy
495
—
Hewett Wayne M.
director
2026-07-01
Buy
422
—
BLACK STEVEN D
director
2026-07-01
Buy
1K
—
Rosenberg Jason M.
officer: SEVP & Head of Public Affairs
2026-06-15
Buy
17K
—
Rosenberg Jason M.
officer: SEVP & Head of Public Affairs
2026-06-15
Sell
8K
$676496
Rosenberg Jason M.
officer: SEVP & Head of Public Affairs
2026-06-15
Sell
17K
—
What you'll find
Next Wells Fargo & Co. (WFC) earnings date, the expected move and the estimates priced in
A clear Beat / Miss / In-line / Mixed verdict the moment Wells Fargo & Co. reports
Revenue & EPS versus estimates, guidance and segment trends
Multi-lens price forecast — analyst, quant, technical and options views
Deep research: red flags, risk decoder and earnings-call sentiment
Technicals, options / implied volatility and unusual-activity signals
Hedge-fund and legendary-investor 13F holdings in Wells Fargo & Co. (WFC)
Side-by-side peer and historical earnings comparison
Frequently asked questions
When is Wells Fargo & Co.'s next earnings date?
Wells Fargo & Co.'s (WFC) next scheduled earnings date is Oct 13, 2026. Magnisto shows the confirmed date, the options-implied expected move and the revenue and EPS estimates Wall Street is modeling into the report.
Did Wells Fargo & Co. (WFC) beat or miss earnings?
In Q2 FY2026, Wells Fargo & Co. (WFC) posted beat results — revenue of $22.6B versus the $21.9B estimate (+3.5% surprise) and EPS of $1.96 versus $1.73 expected (+13.3% surprise). Magnisto decodes every Wells Fargo & Co. (WFC) report into a clear Beat, Miss, In-line or Mixed verdict and checks whether guidance was raised, held or cut.
How often does Wells Fargo & Co. beat earnings estimates?
Over its last 8 reported quarters, Wells Fargo & Co. (WFC) beat Wall Street EPS estimates 6 times, most recently a beat result in Q3 FY2026. Magnisto tracks every Wells Fargo & Co. (WFC) quarter's revenue and EPS versus consensus and grades each one Beat, Miss, In-line or Mixed at a unified ±2% threshold.
How much does Wells Fargo & Co. stock move after earnings?
Over its last 8 quarterly reports, Wells Fargo & Co. (WFC) moved an average of ±5.1% the day after earnings — ranging from -7.3% (Q2 FY2026) to +9.6% (Q4 FY2025). The stock rose after 3 of those 8 reports and fell after 4. Heading into its next report on Oct 13, 2026, options-implied volatility is pricing in a move of roughly ±9.1% (derived). Magnisto tracks the realized post-earnings move for every Wells Fargo & Co. (WFC) quarter alongside the beat/miss verdict — past moves don't predict the next one.
Who are the largest shareholders of Wells Fargo & Co.?
Institutions hold about 86.2% of Wells Fargo & Co.'s (WFC) shares outstanding as of the 2026-06-30 13F quarter. Its largest institutional holders include Blackrock, INC. (7.9%), Vanguard Capital Management LLC (6.3%), Fmr LLC (4.8%). Magnisto lists Wells Fargo & Co.'s (WFC) top 13F holders with each stake size and its quarter-over-quarter change.
Are insiders buying or selling Wells Fargo & Co. (WFC)?
In the most recent Form 4 filings Magnisto tracks, Wells Fargo & Co. (WFC) insiders recorded 8 purchases and 4 sales — net buying. Insider transactions are one signal among many and are often routine (option exercises or scheduled 10b5-1 sales), so Magnisto shows the raw feed for you to judge.
What is the forecast for Wells Fargo & Co. (WFC) stock?
Magnisto blends analyst price targets, quantitative research, technical trend and options-implied moves into a scenario range for Wells Fargo & Co. (WFC), anchored to the current $84.73 share price, so you can weigh the bull, base and bear cases for Wells Fargo & Co. side by side.
Is Wells Fargo & Co. (WFC) a buy right now?
Magnisto does not give buy or sell tips. It gives you the institutional-grade evidence — the verdict, valuation, risks, technicals and hedge-fund 13F flows — so you can decide whether Wells Fargo & Co. fits your own thesis and risk profile. This is research, not investment advice.