Wells Fargo (WFC Quick QuoteWFC - Free Report) reported $21.45 billion in revenue for the quarter ended March 2026, representing a year-over-year increase of 6.4%. EPS of $1.56 for the same period compares to $1.27 a year ago.

The reported revenue represents a surprise of -1.3% over the Zacks Consensus Estimate of $21.73 billion. With the consensus EPS estimate being $1.58, the EPS surprise was -1.4%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Wells Fargo performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Average Balance - Total interest-earning assets: $1987.32 billion compared to the $1935.74 billion average estimate based on five analysts.
• Efficiency Ratio: 67% versus 65.3% estimated by five analysts on average.
• Return on assets (ROA) - Financial Ratios: 1% versus 1% estimated by five analysts on average.
• Net loan charge-offs as a % of average total loans (annualized): 0.5% versus 0.5% estimated by five analysts on average.
• Return on equity (ROE) - Financial Ratios: 12.2% versus the five-analyst average estimate of 11.7%.
• Book value per common share: $53.25 versus the five-analyst average estimate of $53.85.
• Net interest margin on a taxable-equivalent basis: 2.5% versus 2.6% estimated by five analysts on average.
• Total nonperforming assets: $8.77 billion compared to the $8.64 billion average estimate based on four analysts.
• Net loan charge-offs: $1.1 billion compared to the $1.12 billion average estimate based on four analysts.
• Common Equity Tier 1 (CET1) - Standardized Approach: 10.3% versus the three-analyst average estimate of 10.5%.
• Tier 1 Leverage Ratio: 7% versus the three-analyst average estimate of 7.3%.
• Total nonaccrual loans: $8.47 billion versus the three-analyst average estimate of $8.38 billion.

View all Key Company Metrics for Wells Fargo here>>>

Shares of Wells Fargo have returned +14.4% over the past month versus the Zacks S&P 500 composite's +3.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.