Wells Fargo reports Q2 2026 net income of $6.4B, up 25% YoY; plans 11% dividend hike

Filed July 14, 2026 · Period ending July 14, 2026 · ~1 min read

Key Changes

• high

  Net income of $6.4 billion, or $2.00 per diluted share, up 25% YoY; revenue rose 9% to $22.6 billion driven by 5% net interest income growth and 13% noninterest income growth; return on average tangible common equity improved to 17.7% from 15.2%.

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• high

  Average loans grew 12% YoY to $1.0 trillion and average deposits rose 10% to $1.5 trillion, reflecting broad-based balance sheet expansion across consumer and commercial portfolios after years of regulatory restrictions.

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• high

  Company plans to increase quarterly dividend 11% to $0.50 per share in Q3 2026, subject to board approval; repurchased $3.0 billion of common stock (37.4 million shares) in Q2 2026, with shares outstanding down 6% YoY.

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