Wells Fargo Reports Higher Q1 2026 Profit Driven by Trading Gains
Wells Fargo reported a rise in first-quarter 2026 net income to $5.25 billion, driven by increased trading gains. However, net interest income fell slightly below expectations, and fee-based revenue also missed forecasts, despite growth in wealth-related revenue and total loans surpassing $1 trillion.
Tickers: $WFC
Topics: Consumer Lending Earnings Fee-based Revenue Market Volatility Net Income Net Interest Income Profit Trading Gains