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Wells Fargo’s CFO said client trading activity slowed significantly in the final weeks of September, weighing on third-quarter results. The bank reported earnings of $1.87 per share and revenue of $21.870 billion, and reaffirmed its 2026 guidance.
Wells Fargo reported earnings of $1.87 per share, compared with analysts’ expected $1.85. Revenue was $21.87 billion, below the…
(Adds details) Oct 13 (Reuters) — Wells Fargo posted an increase in third-quarter profit on Tuesday, helped by growth in its loan book and higher interest income. The fourth-largest US lender reported net income of $5.95 billion, or $1.87 per share, for the three months ended September 30, compared with $5.59 billion,