Company: WFC-PC
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000072971-25-000129
Chunk: 18

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-04-29
Form: 10-Q
Item: Item 1
Chunk 18
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 ratings are aligned to regulatory definitions of pass and criticized categories with the criticized segmented among special mention, substandard, doubtful, and loss categories.Table 5.7 provides the outstanding balances of our commercial loan portfolio by risk category and credit quality information by origination year for term loans. Revolving loans may convert to term loans as a result of a contractual provision in the original loan agreement or if modified for a borrower experiencing financial difficulty. At March 31, 2025, we had $506.1 billion and $34.6 billion of pass and criticized commercial loans, respectively. Gross charge-offs by loan class are included in the following table for the quarter ended March 31, 2025, and year ended December 31, 2024, which we monitor as part of our credit risk management practices; however, charge-offs are not a primary credit quality indicator for our loan portfolio.

72Wells Fargo & Company

Table 5.7:  Commercial Loan Categories by Risk Categories and VintageTerm loans by origination yearRevolving loansRevolving loans converted to term loansTotal(in millions)20252024202320222021PriorMarch 31, 2025Commercial and industrialPass$18,889 37,077 21,750 21,342 11,759 15,204 249,692 23 375,736 Criticized181 875 929 1,241 614 814 10,143 — 14,797 Total commercial and industrial19,070 37,952 22,679 22,583 12,373 16,018 259,835 23 390,533 Gross charge-offs (1)5 33 4 4 1 2 99 — 148 Commercial real estatePass6,495 19,462 10,887 23,415 19,348 29,290 6,526 60 115,483 Criticized601 2,998 1,705 5,624 4,105 3,299 220 — 18,552 Total commercial real estate7,096 22,460 12,592 29,039 23,453 32,589 6,746 60 134,035 Gross charge-offs— 12 28 9 5 42 — — 96 Lease financingPass997 4,201 4