Wells Fargo Q2 Earnings Beat on Fee Income Growth, Lower Provisions

Key Takeaways WFC reported Q2 adjusted EPS of $1.54, beating estimates and rising from $1.33 a year earlier. Fee income rose 4% on a gain from the merchant services JV acquisition. Provision for credit losses dropped 19% y/y, and net loan charge-offs declined to 0.44%.Wells Fargo & Company’s (WFC)  second-quarter 2025 adjusted earnings per share of $1.54 surpassed the Zacks Consensus Estimate of $1.41. In the prior-year quarter, the company reported earnings per share of $1.33.Results have benefited from ...