WFCWells Fargo & Company
- Next report
- No date yet
- none in the next 8 weeks
- Last result
- $1.87Beat
- vs $1.85 expected on Oct 13
- Stock move on it
- −3.10%
- one session
- Typical move
- ±2.9%
- average over 2 reports
- Price
- $85.76
- −0.05% today · $257B cap
Past and upcoming reports
2
| Oct 13, 2026 | Sep 30, 2026 | Time not given | $1.85 | Beat$1.87 | −3.10% |
| Jul 14, 2026 | Jun 30, 2026 | Time not given | $1.71 | Beat$1.96 | −2.71% |
After the report
Jul 14, 2026 report
This covers the Jul 14, 2026 report. The Oct 13, 2026 numbers are in the table above.
WFC beats Q2 EPS by 13.3% but stock slides on NIM worries
Wells Fargo reported Q2 EPS of $1.96, beating estimates by $0.23 (+13.3%). However, the stock fell 0.64% on the day as market concerns over net interest margin compression from potential Fed rate cuts overshadowed the earnings beat. Guidance was not explicitly provided, but the focus remains on NIM trajectory.
Reported against expected
BeatBeat by $0.23 (13.3%), reported EPS $1.96 vs estimated $1.73.
Guidance
No explicit guidance released. market interprets NIM headwinds as negative for forward earnings.
How the stock reacted
Stock closed at $87.51, down 0.64% on the day, suggesting the beat was discounted by NIM fears.
What changed
EPS beat 13.3% but market punished stock on NIM compression fears.
What the price now assumes
The market is pricing in NIM headwinds from rate cuts, offsetting the beat.
What it means for the business
Maintain value upgrade bias, but watch NIM trends for confirmation.
The next one to three months, as we saw it then
Better case30%
NIM stabilizes as Fed pauses rate cuts. loan growth and expense discipline drive EPS upside.
Base case50%
NIM declines modestly, but buybacks and cost controls support EPS growth in line with consensus.
Worse case20%
Fed rate cuts compress NIM faster than expected, leading to earnings downgrades and multiple contraction.
If you hold it
Hold unless Q3 NIM contracts >15bps. trim if management cuts guidance.
If you are watching
Add only if next-quarter guidance is reiterated or raised. avoid if guidance is cut or geopolitical risk escalates.
Scenario odds are a judgement, not measured.