Financial Results

Wells Fargo Says Q3 2025 Net Income Rises In Wealth, Investment Arm

Editorial Staff October 15, 2025

Wells Fargo Says Q3 2025 Net Income Rises In Wealth, Investment Arm

With a broadly stronger set of results across the US banking group, the wealth management side of the lender contributed to the overall result.

Wells Fargo’s wealth and investment management business said its net income rose 12 per cent in the third quarter of 2025 from the same period a year earlier, reaching $591 million. 

Total client assets stood at $2.473 trillion, a rise of 8 per cent, Wells Fargo said in a statement yesterday. 

Total revenue rose 8 per cent, to $4.196 billion. Noninterest expenses rose 8 per cent on a year before, at $3.421 billion. 

At the group level, Wells Fargo said net income rose to $5.59 billion, from $5.11 billion a year earlier.

The California-headquartered lender’s Common Equity Tier 1 ratio was 11 per cent at the end of September, down a touch from a year earlier.

“While some economic uncertainty remains, the US economy has been resilient and the financial health of our clients and customers remains strong,” Charlie Scharf, chairman and CEO, said. “Spending on debit and credit cards continued to increase, auto loan originations had strong growth from a year ago, and total client assets in our wealth and investment management business continued to grow. We grew fees from investment banking and trading and our commercial loan balances continued to grow.”

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