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Houthi Attacks Intensify Threat of Wider War in Middle East
LSEG in Talks to Buy Permira-Owned Credit Firm Octus
Netflix Acquires Exclusive Broadcast Rights for FIFA World Cup 2030 in Spain and Andorra
Cipher Digital stock drops 12% following $850 million debt offering
Analysis-’Brutal session’ for chip stocks shows AI trade is turning
UN development agency teams up with World Bank, others as funds grow scarce
Uber Executive Overseeing Robotaxi Expansion to Depart
Chicago Fed President Warns AI Boom May Contribute to U.S. Inflation
OPEC raises 2027 oil demand view, citing need to rebuild stocks
TSX futures rise amid easing bond yields, higher gold prices
Blackstone’s Gray, Fed’s Waller See Warning From France’s Stress
Barclays boosts Viking Holdings target to $102, citing strong entry point
Albertsons Pauses Full-Year Outlook as It Reviews Operations
Legacy Carmakers Seen Losing Mass Market to Chinese Rivals
UnitedHealth raises profit forecast again as turnaround efforts gather pace
BetMGM Q3 revenue rises, maintains annual outlook
United Overseas Bank Partners with Amazon Web Services for Cloud Services
JPMorgan posts rare profit miss as dealmaking, bond trading lose momentum
Bank of America Survey Indicates U.S. Treasury Yields May Need to Reach 6% to Impact Stock Market
Ships in Hormuz strait hit by worst spate of attacks since start of war
JPMorgan CEO Highlights Economic Risks Amid U.S. Growth
Kremlin Denies Link Between Trump’s Diesel Deal and Ukraine Peace Talks
European automakers seek policy support amid China pressure
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Goldman Beats on Equity Trading as Fixed Income Falls Short
Cyber attack on French supermarket fridges raises alarm over food security
LHV Bank Appoints Damian Thompson as CEO
HSBC Predicts Strong Q3 Earnings Amid AI Demand Surge
Vance, Altman, Musk, Mamdani, Bieber and More at the DealBook Summit
Netflix to Show 2030 World Cup in Spain Amid Live Sports Push
Ugandan Central Bank Calls Special Meeting After Shilling Sinks
JPMorgan Reports Lower-Than-Expected Q3 Earnings and Revenue
US Nuclear’s Low-Hanging Fruit Is Being Gobbled Up
European gas hits Iran wartime high
Why is Olvi stock sliding today?
S&P 500, Dow futures muted after big bank earnings, chip slide weighs
Romania inflation rises to 6.6% in September on fuel costs
Goldman Sachs quarterly profit rises on equities strength
JPMorgan Reports Third Quarter Earnings Below Expectations
The Morning Risk Report: Trump’s Diesel Deal With Russia Faces Questions From Lawmakers on Legality
Soybeans Decline as Traders Wait for China to Step Up Purchases
The world economy is running hotter than expected
Bitget Introduces Token Stock Transfer Service for US Stocks
Alpari Receives 'Best Execution' Award at Dubai Forex Expo 2026
Oil prices ease as traders monitor Russian diesel deal, Saudi attacks
S&P futures turn negative following bank earnings slate
Premarket movers: UnitedHealth jumps, chip stocks slide
JPMorgan hit by slowdown in investment banking momentum, shares slip
Bank of Korea chief says monetary policy to stay restrictive for now
J&J Leans Toward Orthopedic Spinoff as Medtech Sales Disappoint
Solana Experiences First Weekly Net Outflows as Market Weakens
Space Investment to Top $100 Billion in 2026 After SpaceX IPO
Market Data Costs Expected to Rise by Over 50% in 2027 Due to AI
Why is Visa stock surging today?
Exclusive-Mexico to approve Viva-Volaris airline merger by end of 2026, sources say
Budget cuts would impair Colombia peace court, search for disappeared, officials say
US inflation expectations are well anchored, Fed’s Waller says
Latest Oil Market News and Analysis for Oct. 13
JPMorgan's 3Q Fixed-Income Trading Revenue Misses Estimates
Zoltán Kurali on the MNB’s monetary policy framework review
Sitharaman Acknowledges Debate on Transaction Tax
Healey rejects calls to equalise capital gains and income tax rates
Can energy help Mexico in trade talks with Trump?
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Financial imbalances and AI boom
European stocks buck tech-led global rout, bank earnings in focus
Johnson & Johnson Reports Strong Pharmaceutical Sales Amid Weaker Medical Device Performance
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How governments spend money
Wells Fargo Reports Mixed Results for Q3 2026
Wells Fargo & Company, based in the United States, announced its financial results for the third quarter of 2026, revealing a mixed performance. The bank reported earnings per share (EPS) of $1.87, surpassing analysts' expectations of $1.85. However, total revenue fell short of projections, coming in at $21.87 billion compared to the anticipated $22.30 billion.
Net income for the quarter was reported at $5.95 billion, while net interest income (NII) was $12.52 billion, slightly below the expected $12.63 billion. The bank's return on equity (ROE) stood at 13.8%, and its Common Equity Tier 1 (CET1) capital ratio was reported at 10.0%. Additionally, Wells Fargo set its full-year 2026 NII outlook at approximately $50 billion.
In terms of segment performance, the investment banking revenue reached $611 million, and total markets revenue was reported at $1.84 billion. The bank also noted a credit loss provision of $1.03 billion for the quarter.
© 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Source: KLEA News