European Investor
14 Oct 2025, 15:42
Wells Fargo Reports $5.6 Billion Q3 Profit, Earnings Rise to $1.66 per Share
Wells Fargo posted third-quarter 2025 net income of $5.6 billion, up from $5.1 billion a year earlier, with earnings per share rising to $1.66. Revenue increased 5% to $21.4 billion, driven by higher net interest income and broad-based fee growth. Return on equity improved to 12.8%, and the bank repurchased $6.1 billion in stock during the quarter. CEO Charlie Scharf, newly appointed as board chairman, said strong loan growth, solid credit performance, and resilient consumer spending supported results despite ongoing economic uncertainty.
Wells Fargo posted third-quarter 2025 net income of $5.6 billion, up from $5.1 billion a year earlier, with earnings per share rising to $1.66. Revenue increased 5% to $21.4 billion, driven by higher net interest income and broad-based fee growth. Return on equity improved to 12.8%, and the bank repurchased $6.1 billion in stock during the quarter. CEO Charlie Scharf, newly appointed as board chairman, said strong loan growth, solid credit performance, and resilient consumer spending supported results despite ongoing economic uncertainty.