Company: WFC-PC
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000072971-25-000201
Chunk: 106

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 1
Chunk 106
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 June 30,Six months ended June 30,2025202420252024(in millions)Before  tax Tax  effectNet of  tax Before  tax Tax  effect Net of  tax Before  tax Tax  effectNet of  tax Before  tax Tax  effect Net of  tax Debt securities:Net unrealized gains (losses) arising during the period$112 (28)84 (300)72 (228)$2,368 (584)1,784 (972)237 (735)Reclassification of net (gains) losses to net income129 (32)97 151 (36)115 100 (25)75 263 (63)200 Net change241 (60)181 (149)36 (113)2,468 (609)1,859 (709)174 (535)Derivatives and hedging activities:Fair Value Hedges:Change in fair value of excluded components on fair value hedges (1)5 (1)4 7 (3)4 12 (3)9 11 (3)8 Cash Flow Hedges:Net unrealized gains (losses) arising during the period on cash flow hedges279 (69)210 (322)80 (242)723 (179)544 (1,230)304 (926)Reclassification of net (gains) losses to net income164 (40)124 211 (51)160 306 (75)231 455 (112)343 Net change448 (110)338 (104)26 (78)1,041 (257)784 (764)189 (575)Defined benefit plans adjustments:Net actuarial and prior service gains (losses) arising during the period— — — — — — — — — — — — Reclassification of amounts to noninterest expense (2)26 (7)19 28 (7)21 51 (12)39 55 (13)42 Net change26 (7)19 28 (7)21 51 (12)39 55 (13)42 Debit valuation adjustments (