Wells Fargo Q3 Credit Performance Improves, CEO Calls US Economy Resilient
1. WFC's net interest income rose 2% to $11.95 billion in Q3 2025. 2. Earnings per share were $1.66, exceeding the consensus of $1.54. 3. Noninterest income increased 9% to $9.49 billion due to asset-based fees. 4. Provision for credit losses decreased 36%, reflecting improved credit performance. 5. WFC raised its return on tangible equity target to 17%-18%.