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Update: Wells Fargo Q2 Earnings, Revenue Increase
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Update: Wells Fargo Q2 Earnings, Revenue Increase
Jul 15, 2025 5:40 AM

08:11 AM EDT, 07/15/2025 (MT Newswires) -- (Updates with guidance in the fifth paragraph and recent share movement in the sixth paragraph.)

Wells Fargo ( WFC ) reported Q2 earnings Tuesday of $1.60 per diluted share, up from $1.33 a year earlier.

Analysts polled by FactSet expected $1.41.

Revenue for the quarter ended June 30 was $20.82 billion, compared with $20.69 billion a year earlier.

Analysts polled by FactSet expected $20.75 billion.

For 2025, the lender said it expects net interest income to be "roughly in line with 2024," when it reported annual net interest income of $47.7 billion. Wells Fargo ( WFC ) previously expected a year-over-year increase of 1% to 3%.

Shares were 2.5% lower in recent premarket activity.

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