WS Investor
15 Jul 2025, 14:39
Wells Fargo Reports Q2 2025 Earnings: Net Income Rises to $5.5 Billion, EPS $1.60
Wells Fargo & Company reported second-quarter 2025 net income of $5.5 billion, or $1.60 per diluted share, up from $4.9 billion or $1.33 per share a year earlier. Revenue rose slightly to $20.8 billion, while noninterest expense remained stable at $13.4 billion.
Credit loss provisions decreased to $1.0 billion from $1.2 billion last year. Average loans held steady at $916.7 billion, while average deposits dipped slightly to $1.33 trillion. Return on equity (ROE) rose to 12.8% and return on tangible common equity (ROTCE) improved to 15.2%.
Segment-wise, corporate and investment banking showed strong growth, with loans up 4% year-over-year. Consumer banking and lending saw a slight decline in loan volume.
The quarter also included a $253 million gain from acquiring the remaining interest in the company’s merchant services joint venture.
Wells Fargo repurchased $3.0 billion in stock during the quarter and announced plans to increase its dividend by 12.5% in Q3, pending board approval. CEO Charlie Scharf highlighted the lifting of the Federal Reserve’s asset cap as a major milestone, positioning the bank for renewed growth.
Wells Fargo & Company reported second-quarter 2025 net income of $5.5 billion, or $1.60 per diluted share, up from $4.9 billion or $1.33 per share a year earlier. Revenue rose slightly to $20.8 billion, while noninterest expense remained stable at $13.4 billion.
Credit loss provisions decreased to $1.0 billion from $1.2 billion last year. Average loans held steady at $916.7 billion, while average deposits dipped slightly to $1.33 trillion. Return on equity (ROE) rose to 12.8% and return on tangible common equity (ROTCE) improved to 15.2%.
Segment-wise, corporate and investment banking showed strong growth, with loans up 4% year-over-year. Consumer banking and lending saw a slight decline in loan volume.
The quarter also included a $253 million gain from acquiring the remaining interest in the company’s merchant services joint venture.
Wells Fargo repurchased $3.0 billion in stock during the quarter and announced plans to increase its dividend by 12.5% in Q3, pending board approval. CEO Charlie Scharf highlighted the lifting of the Federal Reserve’s asset cap as a major milestone, positioning the bank for renewed growth.