Q2-2026: Performance review October 18, 2025 Certain definitions in this release relating to a future period of time (including inter alia concerning our future business plans or growth prospects) are forward-looking statements intended to qualify for the 'safe harbor' under applicable securities laws including the US Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from those in ...

Core Insights - Wells Fargo reported strong third-quarter results, exceeding analyst expectations and driving stock performance up by over 8% [1][2] Financial Performance - Total revenue for the third quarter reached over $21.4 billion, a 5% increase compared to the same quarter in 2024 [2] - GAAP net income rose by 9% year over year to nearly $5.6 billion, translating to a per-share profitability of $1.66 [2] Banking Metrics - Average loans increased by 2% to just under $929 billion, while average deposits saw a slight decline to almost $1.34 trillion [3] - Both revenue and profitability figures surpassed consensus analyst estimates, which were slightly above $21.1 billion for total revenue and $1.55 per share for profitability [3] Revenue Drivers - The bank's improvements were primarily attributed to a rise in fee-based income from commercial and consumer operations [4] - Additional contributions came from higher vehicle loan originations and an increase in total client assets within its wealth and investment management business [4]