emergencyBreaking NewsFirst-time homebuyers in Southeast Texas face rising flood and windstorm insurance costsTreasury yields and oil prices lock mortgage rates above 6%Biosimilar competition cuts Stelara sales by 61.7% despite Johnson & Johnson earnings beatRobinhood’s 8% surge masks a split over whether crypto and prediction markets can justify an 80% upsideSeward & Kissel expands regulatory and enforcement capabilities through lateral partner additionsFirst-time homebuyers in Southeast Texas face rising flood and windstorm insurance costsTreasury yields and oil prices lock mortgage rates above 6%Biosimilar competition cuts Stelara sales by 61.7% despite Johnson & Johnson earnings beatRobinhood’s 8% surge masks a split over whether crypto and prediction markets can justify an 80% upsideSeward & Kissel expands regulatory and enforcement capabilities through lateral partner additions
DoiDoi
Credit & Lendingexpand_more
Credit CardsPersonal LoansStudent Loans
Markets & Investingexpand_more
Stocks & ETFsCrypto & BlockchainFed & Macro
Retirement & Benefitsexpand_more
401(k) & IRASocial SecurityRetirement Policy
Real Estateexpand_more
Mortgage RatesHousing Market
Financial Foundationexpand_more
Budgeting & SavingInsurance
Latest News
MarketsPortfolio
The Digital Ledger
Credit & Lending
Markets & Investing
Retirement & Benefits
Real Estate
Financial Foundation
Latest News
Dashboards

Institutional Financial Analysis

Home/Credit & Lending/WELLS FARGO CREDIT CARD · S&P 500 EARNINGS BEAT MISS

Wells Fargo's Q1 Revenue Miss Triggers 5% Share Price Drop

SC

Sam Callahan

Wells Fargo credit card · Apr 14, 2026

Wells Fargo's Q1 Revenue Miss Triggers 5% Share Price Drop

Source: DojiDoji Data Terminal

Wells Fargo shares fell 4.92% in pre-market trading to $83.30 after the bank reported a first-quarter revenue miss. Total revenue of $21.4 billion fell short of the $21.76 billion consensus estimate, despite representing a 6% year-over-year increase.

Related Brief13h ago
bank earnings

Wells Fargo Repurchases $4 Billion in Shares as Net Interest Margin Slides to 2.47%

Wells Fargo repurchased 46.3 million common shares for $4.0 billion and paid a common dividend of $0.45 per share in the first quarter of 2026. These capital returns followed a 6% year-over-year increase in total revenue to $21.446 billion and net income of $5.253 billion. The growth occurred as the bank's net interest margin on a taxable-equivalent basis fell to 2.47%, down from 2.67% in the first quarter of 2025. Average loans grew 10% to $996.0 billion and average deposits grew 6% to $1.415 trillion. Tangible book value per common share rose to $44.98.

The miss was primarily driven by net interest income, which reached $12.1 billion and missed the $12.3 billion Wall Street consensus. While net interest income grew 5% year-over-year, the bank's net interest margin compressed 13 basis points to 2.47%. This compression was primarily due to the impact of lower interest rates on floating-rate assets and growth in lower-yielding Markets assets.

Related Brief7h ago
debt management

Negotiating Monthly Bills Reduces Debt Repayment Timelines

Monthly savings from bill negotiation can be reassigned to debt repayment to accelerate the payoff timeline. This process begins when a consumer identifies a recurring monthly expense, such as auto insurance, phone, or cable bills. The consumer requests a lower rate from the service provider, often using silence as a tactic to force the representative to offer a better deal. By mentioning competitor quotes, the consumer can force a provider to match a match or offer a better offer. In some cases, the consumer switches providers to a plan with better coverage and lower cost. For example, A’Shira Nelson reduced her auto insurance monthly cost by $100, saving $1,200 per year. These savings are then reassigned to an area of debt, reducing the total amount owed faster.

Despite the revenue shortfall, the bank posted diluted earnings per share of $1.60, surpassing the $1.58 consensus estimate. Net income rose 15% year-over-year to $5.3 billion, with return on equity improving to 12.2% from 11.5%.

Related Brief1d ago
geopolitics

Ray Dalio warns of a global conflict dynamic unfolding across trade, technology, and capital flows

Capital flows, technology, and trade are now the primary battlefields of a 'non-shooting war' that Ray Dalio describes as a classic world war dynamic. This dynamic is driven by a structural shift in the balance of global power, which has created rival alignments: a U.S.-led bloc including European nations, Israel, Japan, and Australia, and an opposing bloc consisting of China, Russia, Iran, North Korea, and Cuba. Dalio, founder of Bridgewater Associates, argues that current flashpoints, including hostilities involving the United States, Israel, and Iran, are not isolated crises but interconnected elements of a broader struggle. He contends the world has progressed to an advanced stage of the 'big cycle' of global order, a recurring historical pattern where dominant powers decline as challengers rise. This cycle leads to intensifying economic warfare through sanctions and trade barriers, followed by the consolidation of military and ideological alliances and the growth of proxy wars. These developments create mounting financial strain on leading nations, which prompts governments to tighten control over strategic industries and supply chains, turning trade chokepoints into tools of leverage. As conflicts erupt across multiple theaters at once, domestic dissent is suppressed in favor of national unity. This trajectory leads to open combat between major powers, and the subsequent funding of these war efforts through surging taxes, debt issuance, monetary expansion, and expansion of financial controls.

Across business segments, Wealth and Investment Management was the most profitable, posting 14% revenue growth to $3.88 billion. Consumer Banking and Lending revenue rose 7% to $10.0 billion, while Commercial Banking revenue increased 7% to $3.12 billion. Corporate and Investment Banking revenue grew 4% to $5.28 billion.

Related Brief5h ago
bank earnings

Citigroup first quarter earnings per share exceeds analyst estimates by $0.43

Citigroup's first quarter earnings per share of $3.06 exceeded analyst estimates of $2.63 by $0.43. The bank reported first quarter revenue of $24.6B, topping the consensus estimate of $23.51B by $1.09B.

To maintain capital strength, the bank repurchased 46.3 million shares for $4.0 billion during the quarter, resulting in a Common Equity Tier 1 ratio of 10.3%.

Related Brief1d ago
investment banking

U.S. Bancorp's Capital Markets Expansion leverages high volatility to drive revenue

U.S. Bancorp's Common Equity Tier 1 capital ratio will decrease by 12 basis points at the closing of its $1 billion acquisition of BTIG, LLC. The bank is adding institutional equity sales and trading, equity capital markets, and electronic trading, and mergers and acquisitions advisory to its existing offerings. This expansion into capital markets is occurring as equity market volatility remains high across asset classes including commodities, bonds and foreign exchange. High volatility aided capital markets revenue growth in the first quarter, with the Zacks Consensus Estimate for those revenues pegged at $428.1 million, a 12.1% increase from the year-ago quarter. This growth is supported by the Federal Reserve keeping interest rates unchanged in the first quarter of 2026, which stabilized funding and deposit costs and supported net interest income growth. Net interest income is estimated at $4.28 billion. The acquisition of BTIG, LLC will have a minimal impact on earnings per share in 2026.

Shares fell 4.81% to $82.47.

Related BriefJust now
mortgage

First-time homebuyers in Southeast Texas face rising flood and windstorm insurance costs

Monthly mortgage payments for homebuyers in Southeast Texas increase as flood insurance costs have risen over the last decade. This cost is part of a total monthly payment that includes principal, interest, taxes, and insurance. In coastal areas of the region, buyers must also account for windstorm coverage. Tish Cornell of CommonCents Credit Union says the debt-to-income ratio for buyers should remain under 40%.

Wells Fargo credit cardS&P 500 earnings beat missstablecoin US legislation

The Ledger Morning

The essential intelligence to start your trading day. Delivered 6:00 AM EST.

Join 50,000+ professionals who start their day with The Digital Ledger.

No spam. Unsubscribe anytime.

Read More Analysis

emergency fund

The liquidity gap transforms household inconveniences into financial crises

The absence of a cash buffer transforms a broken geyser or a medical bill into a financial crisis. For 87% of South Afri…

crypto IRS ruling

Crypto Cost Basis Gaps Will Trigger IRS Penalties in 2027

Investors who transfer crypto assets between exchanges risk inflated tax bills and IRS penalties starting in 2027. Centr…

DoiDoi

© 2026 DojiDoji. All rights reserved.

EditorialEditorial GuidelinesCorrections
LegalPrivacy PolicyTerms of Service
DisclosureSEC DisclosuresAd Choice
SocialX (Twitter)LinkedIn