Wells Fargo & Company (WFC): Q1 2026 (USD) EPS 1.60 (exp. 1.58), Revenue 21.5bln (exp. 21.76bln); affirms FY26 NII 50bln (exp. 50.4bln), expenses 55.7bln (prev. 54.8bln Y/Y), avg. loans "mid-single digits growth" Y/Y

Wells Fargo's Q1 2026 earnings show an EPS beat against expectations, which is a positive sign, although revenue slightly missed.

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Qatar Foreign Ministry Spokesperson denies there have been talks with Iran over the payment of funds to stop its attacks on Qatar; there is a high level of coordination with Pakistan and the US, Qatar's demands are being raised through these channels

JPMorgan Chase & Co. (JPM) Q1 2026 (USD): EPS 5.94 (exp. 5.44), Revenue 49.8bln (exp. 49.13bln), FICC Sales & Trading 7.08bln (exp. 6.65bln), Equities Sales & Trading 4.48bln (exp. 4.31bln), Investment Banking 3.14bln (exp. 2.73bln)

Wells Fargo & Company (WFC): Q1 2026 (USD) EPS 1.60 (exp. 1.58), Revenue 21.5bln (exp. 21.76bln); affirms FY26 NII 50bln (exp. 50.4bln), expenses 55.7bln (prev. 54.8bln Y/Y), avg. loans "mid-single digits growth" Y/Y

Johnson & Johnson (JNJ) Q1 2026 (USD) : EPS 2.70 (exp. 2.68), Revenue 24.1bln (exp. 23.61bln), Net Income 6.61bln (exp. 6.55bln), Current FY Rev. 100.3-101.3bln (prev. 100-101bln; exp. 100.62bln), quarterly dividend +3.1% to 1.34/shr (prev. 1.30/shr)

"IRNA's diplomatic source: No information yet on the understanding on holding negotiations in Islamabad or in other forms", Al Mayadeen reports

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  • Notes that credit performance remained strong

Other Q1 metrics:

  • Total Average Deposits 1.42tln (exp. 1.41tln)
  • NIM 2.47% (exp. 2.57%)
  • Net Charge Offs 1.1bln (exp. 1.1bln)
  • Efficiency Ratio 67% (exp. 65.3%)
  • Commercial Banking Revenue 3.12bln (exp. 3.17bln)
  • NII 12.1bln (exp. 12.27bln)
Context

The affirmed guidance for net interest income suggests confidence in sustained performance, yet higher expenses and a lower net interest margin may weigh on future profitability. Overall, while credit performance is solid, the mixed results warrant a cautious view on the bank's near-term outlook.

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