Company: WFC-PC
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000072971-25-000201
Chunk: 11

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 1
Chunk 11
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12,781 Weighted average yield2.41%2.11 2.06 2.58 2.42 Federal agency mortgage-backed securitiesAmortized cost, net$186,699 — — — 186,699 Fair value154,769 — — — 154,769 Weighted average yield2.35%— — — 2.35 Non-agency mortgage-backed securitiesAmortized cost, net$1,411 — 39 22 1,350 Fair value1,429 — 47 24 1,358 Weighted average yield3.66%— 5.04 2.69 3.63 Collateralized loan obligationsAmortized cost, net$9,840 — 319 9,521 — Fair value9,875 — 320 9,555 — Weighted average yield5.92%— 5.94 5.92 — Other debt securitiesAmortized cost, net$1,721 — 979 742 — Fair value1,713 — 962 751 — Weighted average yield5.27%— 4.75 5.95 — Total held-to-maturity debt securitiesAmortized cost, net$221,493 277 1,748 10,807 208,661 Fair value183,779 277 1,731 10,824 170,947 Weighted average yield (1)2.53%2.11 4.34 5.75 2.35 (1)Weighted average yields are calculated using the effective yield method and are weighted based on amortized cost, net of ACL. The effective yield method is calculated using the contractual coupon and the impact of any premiums and discounts and is shown pre-tax. We have not included the effect of any related hedging derivatives. The effective yield for mortgage-backed securities excludes unscheduled principal payments, and remaining expected maturities will differ from contractual maturities because borrowers may have the right to prepay obligations before the underlying mortgages mature.

Wells Fargo & Company69

Note 4:  Equity SecuritiesTable 4.1 provides a summary of our equity securities by business purpose and accounting method.Table 4.1:  Equity Securities(in millions) Jun 30,2025Dec 31,