🔴 Wells Fargo is trading 3.1% down today as profit-taking follows a Q2 earnings beat

Wells Fargo is trading 3.1% down at $84.94 as investors take profits following a strong second-quarter 2026 earnings beat and guidance.

• The bank reported $22.6 billion in revenue and $2.00 diluted EPS, driven by improved profitability across both net interest and noninterest income.
• Despite the strong results, the stock is pulling back as initial post-earnings enthusiasm moderates and broader bank sector repositioning triggers profit-taking.