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Wells Fargo Posts $1.87 Third-Quarter GAAP EPS as Revenue Misses

Wells Fargo’s revenue rose 2% year over year to $21.87 billion but came in $450 million below estimates. GAAP EPS exceeded expectations by $0.01.

Modern bank facade illuminated by warm morning sunlight / TokenPost.ai
Modern bank facade illuminated by warm morning sunlight / TokenPost.ai

Wells Fargo posted third-quarter GAAP earnings per share of $1.87, beating expectations by $0.01, while revenue increased from a year earlier but fell short of estimates.

Revenue reached $21.87 billion for the quarter, up 2% year over year and $450 million below expectations.

ROTCE was 16.2% for the first nine months of 2026, compared with 14.7% during the same period in 2025.

The results were published Oct. 13, 2026.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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