Company: WFC-PC
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000072971-25-000201
Chunk: 218

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 15
Chunk 218
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 624,556 — 1,981,269 Deposits (period-end)780,978 179,848 208,048 122,912 48,917 — 1,340,703 Quarter ended June 30, 2024Loans (average)$325,939 224,423 275,787 83,166 7,662 — 916,977 Assets (average)362,497 247,285 558,063 90,267 656,535 — 1,914,647 Deposits (average)778,228 166,892 187,545 102,843 110,970 — 1,346,478 Six months ended June 30, 2024Loans (average)$327,834 224,172 279,515 82,824 8,181 — 922,526 Assets (average)364,439 246,763 554,498 90,101 660,009 — 1,915,810 Deposits (average)775,738 165,460 185,408 102,158 115,288 — 1,344,052 Loans (period-end)325,360 226,473 275,330 83,338 7,406 — 917,907 Assets (period-end)363,790 250,475 565,334 89,980 670,494 — 1,940,073 Deposits (period-end)781,817 168,979 200,920 103,722 110,456 — 1,365,894 (1)Taxable-equivalent adjustments related to tax-exempt income on certain loans and debt securities are included in net interest income, while taxable-equivalent adjustments related to income tax credits for affordable housing and renewable energy investments are included in noninterest income, in each case with corresponding impacts to income tax expense (benefit). Adjustments are included in Corporate, Commercial Banking, and Corporate and Investment Banking and are eliminated to reconcile to the Company’s consolidated financial results.(2)Net interest income is interest earned on assets minus the interest paid on liabilities to fund those assets. Segment interest earned includes actual interest income on segment assets as well as a funding credit for their deposits. Segment interest paid on liabilities includes actual interest expense on segment liabilities as well as a funding