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Wells Fargo & Co D/E PFD (WFCNP) 10-Q Filings

WFCNP OTC

Here are the 10-Q quarterly reports from Wells Fargo & Co D/E PFD (WFCNP) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow WFCNP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full WFCNP filings page.

Rhea-AI Summary

Wells Fargo & Company earned $5.951 billion in the third quarter of 2026, up from $5.589 billion a year earlier; diluted earnings per share were $1.87 versus $1.66. Revenue was $21.870 billion, up 2%, with net interest income rising 5% to $12.517 billion while noninterest income declined 1% to $9.353 billion.

The quarter’s provision for credit losses increased 51% to $1.029 billion from $681 million. For the first nine months of 2026, net income was $17.611 billion versus $15.977 billion, while revenue rose 6% to $65.938 billion from $62.407 billion. Technology, telecommunications and equipment expense rose 13% to $1.492 billion in the quarter; personnel expense fell 3% to $8.745 billion.

At September 30, 2026, the allowance for loan losses was $14.458 billion, up $121 million from December 31, 2025; coverage of total loans was 1.38% versus 1.45%. Nonperforming assets were $7.4 billion at September 30, 2026, down $1.1 billion from December 31, 2025. The CET1 ratio was 10.03%, compared with an 8.50% regulatory minimum and buffers; the liquidity coverage ratio was 122%, above its 100% minimum.

Rhea-AI Summary

Wells Fargo & Company reported Q2 2026 net income of $6.4 billion and diluted EPS of $2.00, up from $5.5 billion and $1.60 a year earlier. Total revenue rose 9% to $22.6 billion as both net interest income and noninterest income increased, while noninterest expense grew 2%.

Provision for credit losses declined to $914 million and credit metrics remained stable: the allowance for credit losses on loans was $14.4 billion, or 1.40% of total loans, and nonperforming assets were $7.9 billion, 0.77% of total loans. Loans reached $1.03 trillion and deposits $1.50 trillion at June 30, 2026. Capital and liquidity stayed above requirements, with a Common Equity Tier 1 ratio of 10.26% under the Standardized Approach versus an 8.50% minimum including buffers, a Total Loss Absorbing Capacity ratio of 22.81% versus a 21.50% minimum, and a Liquidity Coverage Ratio of 119% versus a 100% minimum.

Rhea-AI Summary

Wells Fargo & Company reported first-quarter 2026 net income of $5.3 billion, up from $4.9 billion a year earlier, with diluted EPS rising to $1.60 from $1.39. Total revenue grew 6% to $21.4 billion, driven by higher noninterest income and a $601 million increase in net interest income.

Average loans reached $996.0 billion and average deposits $1.42 trillion, both above prior-year levels, while the net interest margin narrowed to 2.47% from 2.67%. Credit costs rose, with the provision for credit losses up 22% to $1.1 billion, though consumer card losses improved. The allowance for credit losses on loans was $14.4 billion, covering 1.41% of total loans. The Common Equity Tier 1 ratio under the Standardized Approach was 10.29%, above the stated regulatory minimum and buffers of 8.50%, and the liquidity coverage ratio stood at 120%.

Rhea-AI Summary

Wells Fargo & Company reported solid third-quarter 2025 results, with total revenue of $21.4 billion, up 5% from a year earlier, driven by higher noninterest income and modest net interest income growth. Net income rose to $5.6 billion and diluted EPS to $1.66, compared with $5.1 billion and $1.42 a year ago, helped by a 36% lower provision for credit losses and higher investment banking and card fees, partially offset by higher personnel and technology expenses.

For the first nine months of 2025, net income was $16.0 billion and diluted EPS $4.64, up from $14.6 billion and $3.94 in 2024, as stronger noninterest income and lower credit costs outweighed lower net interest income and higher operating costs. Capital and liquidity remained strong: the CET1 ratio under the Standardized Approach was 10.99%, the TLAC ratio 24.62%, and the LCR 121%, all above regulatory minimums.

Credit quality trends were stable to improving. The allowance for credit losses on loans was $14.3 billion with coverage of 1.52% of total loans, down from 1.60% at year-end 2024. Nonperforming assets were $7.8 billion, or 0.83% of total loans, and both commercial and consumer net loan charge-off rates declined versus the prior year, reflecting lower losses in commercial real estate, auto, credit card, and other consumer portfolios.