Wells Fargo & Company (WFC) Q2 2026 Earnings Call Transcript

seekingalpha.com - 2026-07-14 16:19:06

Wells Fargo's Wealth & Investment Management business has invested over $1 billion over the past several years to modernize its technology platform, with a new generative artificial intelligence-powered suite of tools for financial advisors being the latest addition, Wells Fargo Chairman and CEO Charlie Scharf said Tuesday (July 14) during an earnings call.

pymnts.com - 2026-07-14 15:38:52

Wells Fargo CFO Mike Santomassimo discusses the bank's second-quarter earnings and the outlook for M&A on "Bloomberg The Close." -------- More on Bloomberg Television and Markets Like this video?

youtube.com - 2026-07-14 15:33:11

Citigroup (NYSE:C | C Price Prediction) stock is down 4.7% to $134 Tuesday afternoon, a sharp sell-the-news reversal after the bank beat every analyst estimate for the second quarter.

247wallst.com - 2026-07-14 15:18:53

On July 14, 2026, cooling consumer prices sparked a broad tech rebound.

fool.com - 2026-07-14 14:27:39

WFC stock gains nearly 1.5% in early trading after Q2 earnings beat estimates, aided by higher NII, fee income and lower provisions despite higher expenses.

zacks.com - 2026-07-14 14:11:05

Big banks like JPMorgan (JPM), Bank of America (BAC), and Wells Fargo (WFC) faced sell-the-news reactions despite earnings beats, with expense and outlook concerns weighing. Goldman Sachs (GS) outperformed peers, driven by a 55% surge in investment banking fees, partially linked to the SpaceX (SPCX) IPO.

seekingalpha.com - 2026-07-14 12:15:00

We have lots of big stock market news ahead of today's opening bell: Q2 earnings season shifts to a new gear with several of the top banks on Wall Street reporting, aggressions continue to boil in the Strait of Hormuz after more U.S. bombs strike Iran's interior, and June inflation data takes a downward route for the third-straight month.

zacks.com - 2026-07-14 12:06:20

Wells Fargo & Company NYSE: WFC reported stronger second-quarter 2026 results, with executives pointing to broad-based revenue growth, disciplined expenses, improved credit performance and balance sheet growth following the removal of the company's asset cap last year.

marketbeat.com - 2026-07-14 12:04:07

CPI for June came in -0.4%, at its lowest level since April 2020's -0.8%.

zacks.com - 2026-07-14 11:51:18

JPMorgan kicked off Q2 2026 earnings season this morning with a blowout earnings report that reset expectations for the entire financial sector. The bank posted $7.70 in diluted EPS versus $5.80 expected and $57.35 billion in revenue, powered by a $4.6 billion Visa share exchange gain and a 27% surge in Commercial & Investment Bank revenue. Jamie Dimon flagged IB fees up 30% to the highest level since 2021 and Markets revenue up 35%.

247wallst.com - 2026-07-14 10:43:00

The financial sector hasn't inspired much confidence in 2026.

247wallst.com - 2026-07-14 10:40:48

Wells Fargo & Co (NYSE:WFC, XETRA:NWT) reported second-quarter profit that topped Wall Street expectations on Tuesday, as strong fee income and improved credit performance offset pressure on the bank's net interest margin. The bank posted earnings of $2 per share, well above analysts' estimate of $1.72, on revenue of $22.62 billion, compared with expectations of $21.87 billion.

proactiveinvestors.com - 2026-07-14 10:32:13

The headline numbers for Wells Fargo (WFC) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

zacks.com - 2026-07-14 10:30:33

A cooler-than-expected inflation reading sent tech and chip stocks surging in premarket trading, but earnings from IBM and the big banks are pulling the market in a very different direction.

247wallst.com - 2026-07-14 09:00:34

Wells Fargo (WFC) came out with quarterly earnings of $1.96 per share, beating the Zacks Consensus Estimate of $1.73 per share. This compares to earnings of $1.54 per share a year ago.

zacks.com - 2026-07-14 08:41:05

Stock futures are mixed as investors digest a full slate of big bank earnings and await the release of a key report on inflation; JPMorgan Chase, Bank of America, Wells Fargo, Goldman Sachs and Citigroup all reported results this morning; June Consumer Price Index data is expected to show that inflation moderated; Fed Chair Kevin Warsh is making appearances before Congress today and tomorrow to discuss the economy and the Fed's plans for inflation; and SK Hynix shares are surging while IBM shares are plunging as tech sector volatility continues. Here's what you need to know today.

investopedia.com - 2026-07-14 08:36:07

Investors are preparing for a significant earnings week as five of the six largest US banks, including JPMorgan, Citi, Wells Fargo, Bank of America, and Goldman Sachs, are scheduled to report their quarterly results within a few hours of each other. Mike Mayo, Head of US Large-Cap Bank Research at Wells Fargo, joined the program to share his outlook.

youtube.com - 2026-07-14 08:33:18

Trex announces exclusive partner move, Nvidia increases Asian client vetting, and more

fool.com - 2026-07-14 07:30:00

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) has released its second quarter 2026 financial results. The financial results are available online at https://www.wellsfargo.com/about/investor-relations/quarterly-earnings/ and on a Form 8-K filed by the company with the Securities and Exchange Commission (SEC) on July 14, 2026, and available on the SEC's website at https://www.sec.gov/.Conference callThe company will host a live conference call on Tuesday, July 14, at 10:00.

businesswire.com - 2026-07-14 06:49:00

Wells Fargo's profit jumped 17% in the second quarter as volatile markets kept its trading desks busy, while strong loan ​growth boosted interest income.

reuters.com - 2026-07-14 06:31:56

Wells Fargo & Co (NYSE:WFC, XETRA:NWT) reported second-quarter profit that topped Wall Street expectations on Tuesday, as strong fee income and improved...

proactiveinvestors.com - 2026-07-14 06:30:00

Wells Fargo, Goldman Sachs, Bank of America and JPMorgan Chase all report second-quarter earnings on Tuesday.

investors.com - 2026-07-13 16:16:13

UBS Group AG analyst Erika Najarian says Goldman Sachs Group Inc. may have the tallest order when it comes to demonstrating earnings prowess this week, while investors may be focused on more on succession at JPMorgan Chase & Co. She previews Wall Street bank earnings on "Bloomberg Surveillance." -------- More on Bloomberg Television and Markets Like this video?

youtube.com - 2026-07-13 15:24:11

US banks could deliver broad earnings beats as strong capital markets activity, resilient economic conditions and improving wealth management flows support second-half 2026 and fiscal 2027 earnings revisions, Bank of America analysts wrote in a note ahead of the sector's upcoming earnings reports. The firm wrote that it expects all eight major banks it covers, including JPMorgan Chase & Co (NYSE:JPM, XETRA:CMC), Citigroup Inc (NYSE:C), Wells Fargo & Co (NYSE:WFC, XETRA:NWT), Goldman Sachs Group Inc (NYSE:GS, XETRA:GOS), Morgan Stanley (NYSE:MS), Bank of New York Mellon Corp (NYSE:BK, XETRA:BN9), State Street Corp (NYSE:STT) and Northern Trust Corp (NASDAQ:NTRS), to exceed both Bank of America and consensus earnings-per-share estimates.

proactiveinvestors.com - 2026-07-13 13:34:06

Pre-market futures are down at this hour, led by the tech sector on the Nasdaq, which has shed -372 points at this hour, -1.24%. The Dow is -97 points, -0.18%, the S&P 500 -33, -0.43%.

zacks.com - 2026-07-13 12:01:10

Earnings season ramps up in full gear this week kicked off by quarterly financial results from some of the biggest publicly traded U.S. banks Tuesday and Wednesday.

benzinga.com - 2026-07-13 11:47:05

KBW CEO Tom Michaud joins CNBC's Squawk on the Street to discuss his expectations for bank earnings as major banks begin reporting second-quarter results on Tuesday, the outlook for regional banks, and more.

youtube.com - 2026-07-13 11:25:33

Big banks report earnings, and CPI brings us the latest Inflation Rate, Tuesday morning.

zacks.com - 2026-07-13 11:25:14

Wall Street's biggest banks are heading into second-quarter earnings season with investor expectations running high. Strong trading activity, resilient consumer spending, healthy loan demand, good capital market activity and a pickup in artificial intelligence (AI)-driven capital markets activity have fueled optimism.

zacks.com - 2026-07-13 10:15:29

US banks could deliver broad earnings beats as strong capital markets activity, resilient economic conditions and improving wealth management flows support...

proactiveinvestors.com - 2026-07-13 09:27:00

The Federal Reserve lifted the asset cap that had constrained Wells Fargo's balance sheet since 2018. Management is guiding for about $50 billion in net interest income this year.

fool.com - 2026-07-13 08:23:00

JPMorgan, Bank of America, Citigroup, Wells Fargo and Goldman Sachs are set to report earnings early Tuesday, followed by Morgan Stanley on Wednesday Investment banking revenue could jump 26% and trading revenue could rise 14% from a year ago, per KBW's Chris McGratty.

cnbc.com - 2026-07-13 08:00:40

Netflix and banks kick off earnings season, markets start the week shaky, and more

fool.com - 2026-07-13 07:30:00

With the Federal Reserve holding rates higher for longer, net interest income is the swing factor for the biggest lenders. Credit-loss provisions will help show whether the American consumer is still holding up.

fool.com - 2026-07-13 03:37:00

This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering significant discounts to their historical norms. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks. In addition to the primary list that yields 4.1%, we present two other groups of five DGI stocks each, from moderate to high yields of up to 8%.

seekingalpha.com - 2026-07-11 08:15:00

Big banks start reporting Q2 earnings next week. Strong results could fuel a fresh rally in financial ETFs like XLF, IYG, IYF and VFH.

zacks.com - 2026-07-10 09:01:10

Wells Fargo & Company (NYSE:WFC) will release earnings for its second quarter before the opening bell on Tuesday, July 14.

benzinga.com - 2026-07-10 08:17:12

In the latest trading session, Wells Fargo (WFC) closed at $86.91, marking a +1.58% move from the previous day.

zacks.com - 2026-07-09 18:46:12

Bank of America and Wells Fargo are entering Q2 earnings with improving fundamentals, but solid earnings momentum and estimate revisions give one bank an edge.

zacks.com - 2026-07-09 11:31:22

Wells Fargo & Company WFC is slated to report second-quarter 2026 earnings results on July 14, 2026, before market open.

zacks.com - 2026-07-09 11:21:05

Get a deeper insight into the potential performance of Wells Fargo (WFC) for the quarter ended June 2026 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.

zacks.com - 2026-07-09 10:16:06

All lenders are in the same economic boat, but some borrowers are more resilient than others.

fool.com - 2026-07-09 06:45:00

Total Q2 earnings for the S&P 500 index are currently expected to be up +24.0% from the same period last year on +11.3% higher revenues, with expectations steadily increasing over recent months.

zacks.com - 2026-07-08 19:46:08

Some industry leaders are reportedly eyeing a deal that could help them skirt around limits on how much they can charge for debit-card fees.

nypost.com - 2026-07-07 14:59:22

Financial sector stocks are ripping into their second quarter earnings reports. Wall Street analysts think the strength is justified.

investopedia.com - 2026-07-07 13:11:55

Big banks have reportedly been looking to acquire a payments processing network from Fiserv, and the financial technology firm's stock is getting a boost Tuesday on the news.

investopedia.com - 2026-07-07 12:10:49

The blue-chip index is racing ahead another +170 points in pre-market trading so far today, adding to its all-time closing high Monday.

zacks.com - 2026-07-07 11:31:06

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.

zacks.com - 2026-07-07 11:01:05

The financial-technology stock was the biggest riser in the S&P 500 ahead of the open, despite broader tech weakness.

barrons.com - 2026-07-07 08:25:00