Company: WFC-PC
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000072971-25-000129
Chunk: 94

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-04-29
Form: 10-Q
Item: Item 1
Chunk 94
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 outstanding securities that were anti-dilutive and therefore not included in the calculation of diluted earnings per common share.Table 20.2:  Outstanding Anti-Dilutive SecuritiesWeighted-average sharesQuarter ended March 31,(in millions)20252024Convertible Preferred Stock, Series L (1)25.3 25.3 Restricted share rights (2)0.2 0.2 (1)    Calculated using the if-converted method.(2)    Calculated using the treasury stock method.Table 20.3 presents dividends declared per common share.Table 20.3:  Dividends Declared Per Common ShareQuarter ended March 31,20252024Per common share$0.40 0.35 

Wells Fargo & Company119

Note 21:  Other Comprehensive IncomeTable 21.1 provides the components of other comprehensive income (OCI), reclassifications to net income by income statement line item, and the related tax effects. Income tax effects are reclassified from accumulated OCI to net income in the same period as the related pre-tax amount.Table 21.1:  Summary of Other Comprehensive IncomeQuarter ended March 31,20252024(in millions)Before  tax Tax  effectNet of  tax Before  tax Tax  effect Net of  tax Debt securities:Net unrealized gains (losses) arising during the period$2,256 (556)1,700 (672)165 (507)Reclassification of net (gains) losses to net income(29)7 (22)112 (27)85 Net change2,227 (549)1,678 (560)138 (422)Derivatives and hedging activities:Fair Value Hedges:Change in fair value of excluded components on fair value hedges (1)7 (2)5 4 — 4 Cash Flow Hedges:Net unrealized gains (losses) arising during the period on cash flow hedges444 (110)334 (908)224 (684)Reclassification of net (gains) losses to net income142 (35)107 244 (61)183 Net change593 (147)446 (660)163 (497)Defined benefit plans adjustments:Net actuarial and prior service gains (losses) arising during the period— — — —