Company: WFC-PC
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000072971-25-000201
Chunk: 105

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 1
Chunk 105
---
576 Wells Fargo net income applicable to common stock (numerator)$5,214 4,640 $9,830 8,953 Earnings per common shareAverage common shares outstanding (denominator)3,232.7 3,448.3 3,256.4 3,504.2 Per share$1.61 1.35 $3.02 2.56 Diluted earnings per common shareAverage common shares outstanding3,232.7 3,448.3 3,256.4 3,504.2 Add: Restricted share rights (2)34.3 37.9 37.8 39.0 Diluted average common shares outstanding (denominator)3,267.0 3,486.2 3,294.2 3,543.2 Per share$1.60 1.33 $2.98 2.53 (1)Includes costs associated with any preferred stock redemption.(2)Calculated using the treasury stock method.Table 20.2 presents the outstanding securities that were anti-dilutive and therefore not included in the calculation of diluted earnings per common share.Table 20.2:  Outstanding Anti-Dilutive SecuritiesWeighted-average sharesQuarter ended June 30,Six months ended June 30,(in millions)2025202420252024Convertible Preferred Stock, Series L (1)25.3 25.3 25.3 25.3 Restricted share rights (2)1.4 — 0.8 0.4 (1)    Calculated using the if-converted method.(2)    Calculated using the treasury stock method.Table 20.3 presents dividends declared per common share.Table 20.3:  Dividends Declared Per Common ShareQuarter ended June 30,Six months ended June 30,2025202420252024Per common share$0.40 0.35 $0.80 0.70 

124Wells Fargo & Company

Note 21:  Other Comprehensive IncomeTable 21.1 provides the components of other comprehensive income (OCI), reclassifications to net income by income statement line item, and the related tax effects. Income tax effects are reclassified from accumulated OCI to net income in the same period as the related pre-tax amount.Table 21.1:  Summary of Other Comprehensive IncomeQuarter ended