Company: WFC-PC
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000072971-25-000201
Chunk: 127

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 4
Chunk 127
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31, 2024, respectively.Net Gains and Losses Not Held for TradingTable 4.2 provides a summary of the net gains and losses from equity securities not held for trading, which excludes equity method adjustments for our share of the investee’s earnings or losses that are recognized in other noninterest income. Gains and losses from equity securities not held for trading are reported in net gains from trading and securities. Table 4.2:  Net Gains (Losses) from Equity Securities Not Held for TradingQuarter ended June 30,Six months ended June 30,(in millions)2025202420252024Net gains (losses) from equity securities carried at fair value$155 49 $(40)60 Net gains (losses) from equity securities not carried at fair value (1):Impairment write-downs(124)(193)(318)(390)Net unrealized gains (2)33 202 34 329 Net realized gains55 22 100 99 Total net gains (losses) from equity securities not carried at fair value(36)31 (184)38 Total net gains (losses) from equity securities not held for trading$119 80 $(224)98 (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.

70Wells Fargo & Company

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 June 30,Six months ended June 30,(in millions)2025202420252024Net gains (losses) recognized in earnings during the period:Gross unrealized gains from observable price changes$64 211 $107 338 Gross unrealized losses from observable price changes(19)(9)(44)(9)Impairment write-downs(80)(151)(245)(320)Net realized gains from sale23 3 38 65 Total net gains (losses) recognized during the period$(12)$54 $(144)74 Table 4.