Wells Fargo & (WFC) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $1.87
- Estimate
- $1.86
- Surprise
- +0.8%
- Score at report (before → after)
- 5.9 → 5.8/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Wells Fargo & (WFC) beat the $1.86 estimate with adjusted EPS of $1.87 — a modest 0.8% upside surprise. TrendMatrix's engine moved from Buy (Wait) (5.9/10) to Sell at 5.8/10 after the report — the engine's score fell despite the beat.
Coverage in the report window
- Wells Fargo Analysts Lower Their Forecasts After Q3 Results — benzinga, 2026-10-14
- 'Nine Big Banks Engaged in Debanking Practices, US Regulator Says' - Bloomberg — benzinga, 2026-10-14
Where TrendMatrix's rating stands now
TrendMatrix currently rates WFC Sell at 5.8/10.
2 of the last 4 quarters beat the estimate; this quarter's +0.8% surprise compares with a +2.9% four-quarter average.
What supports the rating
- Sector modifier (Financial Services): +1.0
- Attractive valuation
What argues against it
- Concentration risk — Regulatory: Federal Reserve Board
- Concentration risk — Regulatory: Office of the Comptroller of the Currency
- V7 low-quality RISK_OFF penalty: -0.5 (Q=5.3)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $80.74
- Price target
- $88.86
- Stop
- $77.10
- Upside to target
- +10.1%
- Reward-to-risk
- 2.0:1
At 11.7× trailing and 10.1× forward earnings, consensus estimates imply little change in earnings power.
Risk check: trading volume is running 1.7× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-10-14 — shown for context, not personalized investment advice.
WFC at TrendMatrix's latest read
For financials, the EPS print is only half the story: credit costs, reserve builds, and rate sensitivity decide how a quarter actually lands.
- Industry
- Banks - Diversified
- Market cap
- $244.16B
- P/E (fwd)
- 10.1
- P/E (ttm)
- 11.7
- 52-week range
- $72.78–$97.76
- Off 52-week high
- 17.4%
- RSI (14)
- 45
- Volume vs avg
- 1.69×
- Score today
- 5.8/10