Wells Fargo profit rises on interest income boost

Wells Fargo & Co

14/04/2026 11:30

April 14 (Reuters) - Wells Fargo's WFC.N profit rose in the first quarter, aided by higher income from interest payments.

Net profit came in at $5.25 billion, or $1.60 per share, in the three months ended March 31, the fourth-largest U.S. lender said on Tuesday.

That compares with $4.89 billion, or $1.39 per share, the company reported a year earlier.

 (Reporting by Arasu Kannagi Basil in Bengaluru and Nivedita Balu in Toronto; Editing by Shinjini Ganguli)

 ((ArasuKannagi.Basil@thomsonreuters.com;))