AI English summary of an SEC filing — figures as filed
The company said its net income for Q3 2026 was 5,951 million and diluted earnings per share were $1.87, compared with 5,589 million and $1.66 a year earlier. Total revenue was 21,870 million and noninterest expense was 13,743 million.
Key points
AI summaryThe company said its net income for Q3 2026 was 5,951 million and diluted earnings per share were $1.87, compared with 5,589 million and $1.66 a year earlier. Total revenue was 21,870 million and noninterest expense was 13,743 million.
Wells Fargo said net interest income for Q3 2026 rose 5% from a year earlier. It said noninterest income fell 1%, as higher investment advisory fees were offset by lower trading gains and lower lease income following the sale of its rail car leasing business.
The company said average loans were $1,033.4 billion and average deposits were $1,482.9 billion in Q3 2026, each up 11% from a year earlier. The CET1 ratio for the same quarter was 10.0%, compared with 11.0% a year earlier.
The company said its provision for credit losses for Q3 2026 was 1,029 million, up from 681 million a year earlier. It also said it repurchased 28.6 million shares of common stock, or $2.5 billion, in the same quarter.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Wells Fargo Net Income of 5,951 million for Q3, Diluted EPS of $1.87
The company said its net income for Q3 2026 was 5,951 million and diluted earnings per share were $1.87, compared with 5,589 million and $1.66 a year earlier. Total revenue was 21,870 million and noninterest expense was 13,743 million.
Source · Based on the filing body and exhibits
Net Interest Income Up 5%, Noninterest Income Down 1%
Wells Fargo said net interest income for Q3 2026 rose 5% from a year earlier. It said noninterest income fell 1%, as higher investment advisory fees were offset by lower trading gains and lower lease income following the sale of its rail car leasing business.
Source · Based on the filing body and exhibits
Average Loans and Deposits Up 11%, CET1 Ratio at 10.0%
The company said average loans were $1,033.4 billion and average deposits were $1,482.9 billion in Q3 2026, each up 11% from a year earlier. The CET1 ratio for the same quarter was 10.0%, compared with 11.0% a year earlier.
Source · Based on the filing body and exhibits
Credit Loss Provision and Share Buybacks
The company said its provision for credit losses for Q3 2026 was 1,029 million, up from 681 million a year earlier. It also said it repurchased 28.6 million shares of common stock, or $2.5 billion, in the same quarter.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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