Wells Fargo

Q2 FY2026 EarningsQ2 FY26 beat consensus significantly across key metrics: total revenue of $22,622M vs. $21,850M expected, and Diluted EPS of $2.00 vs. $1.72 expected. The beat was primarily driven by strong noninterest income (up 13% YoY) and expanded Net Interest Income (NII) in the Corporate and Investment Banking (CIB) segment. Net Interest Margin (NIM) of 2.43% was slightly below the consensus of 2.44%, while the tax rate of 17.4% was more favorable than the 18.71% mean forecast.