Wells Fargo & Company Reports First Quarter 2026 Financial Results
Summary
Wells Fargo & Company reported first quarter 2026 net income of $5.3 billion, or $1.60 per diluted share, on total revenue of $21.4 billion (via Ex. 99.1 press release). The company repurchased 46.3 million shares, totaling $4.0 billion, and returned $5.4 billion to shareholders. Average loans reached $996.0 billion, and average deposits were $1,415.0 billion for the quarter.
Why It Matters
The company reported increased net income and diluted EPS for Q1 2026, alongside significant share repurchases and shareholder returns, indicating strong financial performance and capital management.
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Filing Details
Reported Items
Additional Information
- CIK Number
- 0000072971
- Filing Date
- Tuesday, April 14, 2026
- Filing Time
- 12:00 AM UTC
- Form Type
- 8-K
- Materiality Level
- high
- Sentiment
- neutral