WELLS FARGO & COMPANY/MN

Wells Fargo & Company reported its third quarter 2026 financial results, with net income rising to $5.95 billion, or $1.87 per diluted share, a 13% increase year-over-year. Total revenue grew 2% to $21.87 billion. The company saw significant growth in average loans and deposits, both up 11% year-over-year. However, the provision for credit losses increased by 51% to $1.03 billion. Key business segments like Wealth and Investment Management and Corporate and Investment Banking showed revenue growth.

Wells Fargo reported strong second quarter 2026 results with net income of $6.4 billion, a 17% increase year-over-year, and diluted earnings per share of $2.00, up 25%. Total revenue grew 9% to $22.6 billion, driven by broad-based growth across all operating segments, while noninterest expense increased by 2%. The company repurchased $3.0 billion of common stock and expects to increase its third-quarter common stock dividend by 11% to $0.50 per share.

Wells Fargo & Company announced the results of its 2026 Annual Shareholder Meeting. Shareholders approved the amendment and restatement of the Company's 2022 Long-Term Incentive Plan, elected all 12 director nominees, and ratified KPMG LLP as the independent auditor for 2026. Additionally, the advisory vote on executive compensation passed, while six shareholder proposals, including those for an independent chair and majority vote governance, did not receive majority support.

Wells Fargo & Company announced its financial results for the first quarter ended March 31, 2026. The company issued a news release and posted its 1Q26 Quarterly Supplement on its website, providing detailed information on its operations and financial condition. A live conference call and webcast are scheduled for April 14, 2026, to discuss these results and other company matters.

Wells Fargo announced it will redeem its Floating Rate Junior Subordinated Deferrable Interest Debentures due January 15, 2027, with an optional prepayment date of January 15, 2026. The prepayment price will be 100% of the principal amount plus accrued interest. Redemption removes restrictions on the company's ability to repurchase or redeem its 3.90% Fixed Rate Reset Non-Cumulative Perpetual Class A Preferred Stock, Series BB.

Wells Fargo released its Q4 2025 financial results, including a news release and quarterly supplement. The company also intends to host a live conference call and webcast to discuss the results and other matters, with presentation materials available on its website.

Wells Fargo & Company filed an 8-K announcing the release of its 4Q25 results of operations and financial condition. The company issued a news release (Exhibit 99.1) and posted its 4Q25 Quarterly Supplement (Exhibit 99.2) on its website, containing additional information about its financial results for the quarter ended December 31, 2025. The company also intends to host a live conference call and webcast to discuss the results.

Wells Fargo has announced a proposed settlement of shareholder derivative litigation related to the company's home mortgage lending and diversity hiring practices. The settlement, preliminarily approved by the United States District Court for the Northern District of California, aims to resolve claims against the company and its directors and officers, potentially avoiding further legal costs and reputational damage.

Wells Fargo's Board of Directors approved a $40 million total compensation package for CEO Charles Scharf for the 2025 performance year. The decision was based on Scharf's leadership in reaching regulatory milestones, improving financial performance, and growing revenue.

Wells Fargo announced it will redeem all 140,400 outstanding shares of its 3.90% Fixed Rate Reset Non-Cumulative Perpetual Class A Preferred Stock, Series BB, and related depositary shares on March 16, 2026. This redemption will eliminate all outstanding shares of the Series BB Preferred Stock and Series BB Depositary Shares, simplifying the company's capital structure.