Company: WFC-PC
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000072971-25-000129
Chunk: 98

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-04-29
Form: 10-Q
Item: Item 1
Chunk 98
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.50 Total capital13.30 13.30 12.00 12.00 10.50 10.50 10.50 10.50 Wells Fargo & CompanyWells Fargo Bank, N.A.March 31, 2025December 31, 2024March 31, 2025December 31, 2024Regulatory leverage:Total leverage exposure (2)$2,267,157 2,267,641 2,031,205 2,033,458 Supplementary leverage ratio (2)6.79 %6.74 7.25 7.16 Tier 1 leverage ratio (1)8.13 8.08 8.84 8.72 Required minimum leverage:Supplementary leverage ratio5.00 5.00 6.00 6.00 Tier 1 leverage ratio4.00 4.00 4.00 4.00 *Denotes the binding ratio under the Standardized and Advanced Approaches at March 31, 2025.(1)Adjusted average assets consists of total quarterly average assets less goodwill and other permitted Tier 1 capital deductions. The Tier 1 leverage ratio consists of Tier 1 capital divided by total quarterly average assets, excluding goodwill and certain other items as determined under capital rule requirements.(2)The supplementary leverage ratio consists of Tier 1 capital divided by total leverage exposure. Total leverage exposure consists of total consolidated assets adjusted for certain off-balance sheet exposures, goodwill, and other permitted Tier 1 capital deductions.At March 31, 2025, the Common Equity Tier 1 (CET1), Tier 1 and Total capital ratio requirements for the Company included a global systemically important bank (G-SIB) surcharge of 1.50% and a countercyclical buffer of 0.00%. In addition, these ratios included a stress capital buffer of 3.80% under the Standardized Approach and a capital conservation buffer of 2.50% under the Advanced Approach. The Company is required to maintain these risk-based capital ratios and to maintain a supplementary leverage ratio (SLR) that included a supplementary leverage buffer of 2.00% to avoid restrictions on capital distributions and discretionary bonus payments. The CET1, Tier 1 and Total capital ratio requirements for the Bank included a capital conservation buffer of 2.50% under both the Standardized and Advanced Approaches. The G-S