Wells Fargo shareholders are waiting to learn whether earnings momentum continued into the third quarter. Results were scheduled for October 13, 2026, at approximately 7:00 a.m. Eastern, still ahead of the saved sources’ roughly 4:11 a.m. Eastern cutoff that morning.[3]
That question arrives just after the October 12 start of TradeWave’s 51-day window, ending December 1, 2026. All ten selected 2016–2025 windows finished higher, although older losses weaken the broader record. How much confidence should investors place in that favorable timing while awaiting fresh business evidence?[4]
The business baseline
The latest saved results, published July 14 for the quarter ended June 30, 2026, showed diluted EPS of $2.00 versus $1.60 a year earlier, up 25%. They included $0.04 per share of discrete tax benefits. Revenue rose 9%, with both net interest and noninterest income contributing, as the graphic shows.[1]
Management credited U.S. economic strength, company investments and improved operating discipline. It also warned that favorable conditions would not last indefinitely and described selective growth. Those qualifications matter when assessing whether momentum continued.[1]
Wells Fargo’s reported second-quarter revenue growth
Year-over-year change for the quarter ended June 30, 2026
View chart data & download
| Measure | Value | Period | Status |
|---|---|---|---|
| Total revenue | 9 | Q2 2026 vs. Q2 2025 | reported |
| Net interest income | 5 | Q2 2026 vs. Q2 2025 | reported |
| Noninterest income | 13 | Q2 2026 vs. Q2 2025 | reported |
What the selected history shows
TradeWave’s selected seasonal record puts the median full-window gain at 9.82%. That describes completed historical periods before trading costs. With this year’s window already underway, it is neither a remaining-return estimate nor evidence about the forthcoming earnings report.[4]
The year-by-year seasonal record
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| Window starting year | Ending price change | Highest from entry | Lowest from entry |
|---|---|---|---|
| 2016 | +20.90% | +21.19% | -2.29% |
| 2017 | +2.50% | +4.57% | -4.29% |
| 2018 | +4.93% | +6.48% | -4.01% |
| 2019 | +9.87% | +12.19% | -0.99% |
| 2020 | +9.77% | +12.39% | -19.16% |
| 2021 | +1.59% | +12.69% | -3.90% |
| 2022 | +16.45% | +20.15% | -1.88% |
| 2023 | +14.30% | +14.85% | -2.92% |
| 2024 | +21.80% | +26.42% | +0.00% |
| 2025 | +8.78% | +12.91% | +0.00% |
Explore this exact seasonal window in TradeWave. Compare its win rate and average result across different histories, and inspect how far prices moved above or below their starting point. Account access applies in TradeWave.
A gain could include a sharp decline
The yearly range chart covers the same seasonal period each year, not whole calendar years. October 12–December 1, 2020 is useful because its 9.77% ending gain coexisted with a move 19.16% below the starting price. A profitable finish could still demand considerable tolerance for losses. The highs and lows reveal neither their order nor peak-to-trough drawdown.[4]
What happened inside each seasonal window
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| Window starting year | Ending price change | Highest from entry | Lowest from entry |
|---|---|---|---|
| 2016 | +20.90% | +21.19% | -2.29% |
| 2017 | +2.50% | +4.57% | -4.29% |
| 2018 | +4.93% | +6.48% | -4.01% |
| 2019 | +9.87% | +12.19% | -0.99% |
| 2020 | +9.77% | +12.39% | -19.16% |
| 2021 | +1.59% | +12.69% | -3.90% |
| 2022 | +16.45% | +20.15% | -1.88% |
| 2023 | +14.30% | +14.85% | -2.92% |
| 2024 | +21.80% | +26.42% | +0.00% |
| 2025 | +8.78% | +12.91% | +0.00% |
Looking further back
The comparisons check whether recent consistency survives different histories. Across 2006–2025, 70.0% of windows gained, versus 100.0% in the selected decade; all ten selected observations are reused. Ten selected midterm-election years spanning 1986–2022 also show 70.0% success and share two observations with the primary study. These results make recent consistency less convincing further back; the small midterm sample and reused observations limit independent confirmation without establishing an election effect.[4]
See the history behind this comparison
TradeWave checks the same seasonal dates across different sets of years. This helps show whether the pattern holds up when you look at another stretch of history.
| History | Observed start years | Direction | Success rate | Median result |
|---|---|---|---|---|
| Article study: 10 consecutive historical windows (2016–2025) | 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025 | long | 100.0% | 9.82% |
| 20 consecutive historical windows (2006–2025) | 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025 | long | 70.0% | 6.37% |
| 10 selected midterm-election years (1986–2022) | 1986, 1990, 1994, 1998, 2002, 2006, 2010, 2014, 2018, 2022 | long | 70.0% | 7.04% |
Some years appear in more than one group, so agreement is not an independent test. A requested lookback can extend beyond available history; the observed years are listed above. Election-cycle groups use matching phases, not consecutive years. Results follow the direction shown: a positive short result means prices fell. Small samples and different market periods make the comparison less conclusive.
Read the results, then inspect the range
The October 13, 2026 release, scheduled for approximately 7:00 a.m. Eastern, and the 10:00 a.m. Eastern call that day remain ahead at the saved-source cutoff. They are the next opportunities to assess whether earnings momentum continued.[3]
Below, recorded prices end October 12, 2026. The average seasonal path uses this article’s selected 2016–2025 years, scaled onto the price chart for the next 60 weekdays, from October 13, 2026 to January 4, 2027. That separate horizon illustrates historical shape, not future recorded prices, an earnings prediction or a price target. In TradeWave, inspect this same window across histories and its range of outcomes.[4]
Price history and the seasonal outlook
Explore this exact seasonal window in TradeWave. Compare its win rate and average result across different histories, and inspect how far prices moved above or below their starting point. Account access applies in TradeWave.
About this seasonal analysis
10 consecutive historical windows (2016–2025). The selected dates, years, direction, returns and ranges come from TradeWave. When a window boundary is a weekend or market holiday, TradeWave uses the next available trading session. SMN displays the returned results without recalculating them. A year label identifies the start of the historical window; a window can end in the following calendar year.
Green and red bars show the underlying adjusted-price movement. The range endpoints measure changes from the entry price, not a peak-to-trough loss. Historical results are before trading costs and do not guarantee future performance.
Sources & methodology
- Wells Fargo Reports Second Quarter 2026 Net Income of $6.4 billion, or $2.00 per Diluted Share · 2026-07-14
- Wells Fargo & Company Increases Common Stock Dividend · 2026-07-28
- Wells Fargo to Announce Third Quarter 2026 Earnings on Oct. 13, 2026 · 2026-10-05
- TradeWave WFC seasonal evidence · 2026-10-13