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Wells Fargo (WFC): Q3 EPS beats at $1.87 but revenue misses estimates

Wells Fargo (WFC): Q3 EPS beats at $1.87 but revenue misses estimates
Image: AI-generated image (ElevenLabs)

Wells Fargo earned $1.87 a share in Q3, up 13% on a year ago and ahead of the $1.84 analysts expected. Net income was $5.95B, up 6%. Revenue of $21.9B grew 2% but missed the $22.31B consensus. Return on tangible equity hit 16.3%, and it bought back $2.5B of stock.

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