| WFC |
Report |
EPS |
BEAT |
pred ~$1.86 vs. cons $1.71 |
HIGH |
| WFC |
Report |
Net Interest Income (NII) |
BEAT |
pred ~$12.50B vs. cons $12.36B |
MEDIUM |
| WFC |
Report |
Noninterest Expense |
BEAT |
pred ~$13.70B vs. cons $13.90B (lower=beat) |
MEDIUM |
| WFC |
Guide |
FY2026 Net Interest Income guidance |
UNCHANGED |
guide ~$50.0B vs. cons $50.0B (FY2026) |
MEDIUM |
| WFC |
Guide |
FY2026 Noninterest Expense guidance |
UNCHANGED |
guide ~$55.7B vs. cons $55.7B (FY2026) |
MEDIUM |
| WFC |
Guide |
Medium-term ROTCE target |
UNCHANGED |
guide ~17.5% vs. cons 17.5% (medium-term, 2027-2028) |
MEDIUM |
| WFC |
Return |
Day-1 residual (stock − beta × S&P 500) |
-0.5% |
— |
MEDIUM |
| WFC |
Return |
5-day cumulative residual |
-1.8% (FADE) |
Stock already ran from low-$80s to ~$87-88 into the print, pricing in a beat-and-cost-discipline quarter; a headline EPS beat driven mainly by expense control/buybacks rather than core NII reacceleration likely triggers modest sell-the-news on day 1. Over the next week, analysts digest reaffirmed (not raised) $50B NII guide, continued NIM compression commentary, and flagged H2 consumer credit risk from oil-price pass-through — pulling forward FY26/27 NII and EPS revisions down slightly even after the beat, consistent with implicit out-period cuts overwhelming the in-line-to-modest quarterly upside. |
MEDIUM |