Company: WFC-PC
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000072971-25-000129
Chunk: 13

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-04-29
Form: 10-Q
Item: Item 1
Chunk 13
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 not carried at fair value(148)7 Total net gains (losses) from equity securities not held for trading$(343)18 (1)Includes amounts related to venture capital investments in consolidated portfolio companies, which are not reported in equity securities on our consolidated balance sheet.(2)Includes unrealized gains (losses) due to observable price changes from equity securities accounted for under the measurement alternative.

Wells Fargo & Company67

Note 4:  Equity Securities (continued)

Measurement AlternativeTable 4.3 provides additional information about the impairment write-downs and observable price changes from nonmarketable equity securities accounted for under the measurement alternative. Gains and losses related to these adjustments are also included in Table 4.2.Table 4.3:  Net Gains (Losses) from Measurement Alternative Equity SecuritiesQuarter ended March 31,(in millions)20252024Net gains (losses) recognized in earnings during the period:Gross unrealized gains from observable price changes$43 127 Gross unrealized losses from observable price changes(25)— Impairment write-downs(165)(169)Net realized gains from sale15 62 Total net gains (losses) recognized during the period$(132)20 Table 4.4 presents cumulative carrying value adjustments to nonmarketable equity securities accounted for under the measurement alternative that were still held at the end of each reporting period presented.Table 4.4:  Measurement Alternative Cumulative Gains (Losses)(in millions) Mar 31,2025Dec 31,2024Cumulative gains (losses):Gross unrealized gains from observable price changes$7,453 7,457 Gross unrealized losses from observable price changes(80)(53)Impairment write-downs(3,806)(3,747)

68Wells Fargo & Company

Note 5:  Loans and Related Allowance for Credit LossesTable 5.1 presents total loans outstanding by portfolio segment and class of financing receivable. Loans are reported at their outstanding principal balances net of any unearned income, cumulative charge-offs, unamortized deferred fees and costs on originated loans, and unamortized premiums or discounts on purchased loans. These amounts were less than 1% of our total loans outstanding at both March 31, 2025, and December 31, 2024.Outstanding balances exclude accrued interest receivable on loans, except for certain revolving loans, such as credit card loans