Company: WFC-PC
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0000072971-25-000253
Chunk: 236

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 15
Chunk 236
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CCARComprehensive Capital Analysis and ReviewMBSMortgage-backed securitiesCDCertificate of depositMSRMortgage servicing rightCECLCurrent expected credit lossNAVNet asset valueCET1Common Equity Tier 1NPANonperforming assetCFPBConsumer Financial Protection BureauNSFRNet stable funding ratioCLOCollateralized loan obligationOCCOffice of the Comptroller of the CurrencyCRECommercial real estateOCIOther comprehensive incomeCVACredit valuation adjustmentOTCOver-the-counterDPDDays past dueROAReturn on average assetsDVADebit valuation adjustmentROEReturn on average equityESOPEmployee Stock Ownership PlanROTCEReturn on average tangible common equityFASBFinancial Accounting Standards BoardRWAsRisk-weighted assetsFDICFederal Deposit Insurance CorporationSECSecurities and Exchange CommissionFHAFederal Housing AdministrationS&PStandard & Poor’s Global RatingsFHLBFederal Home Loan BankSLRSupplementary leverage ratioFHLMCFederal Home Loan Mortgage CorporationSOFRSecured Overnight Financing RateFICOFair Isaac Corporation (credit rating)SPESpecial purpose entityFNMAFederal National Mortgage AssociationTLACTotal Loss Absorbing CapacityFRBBoard of Governors of the Federal Reserve SystemVADepartment of Veterans AffairsFVAFunding valuation adjustmentVaRValue-at-RiskGAAPGenerally accepted accounting principlesVIEVariable interest entityGNMAGovernment National Mortgage AssociationWIMWealth and Investment Management

128Wells Fargo & Company

PART II – OTHER INFORMATION

Item 1.    Legal Proceedings

Information in response to this item can be found in Note 10 (Legal Actions) to Financial Statements in this Report which information is incorporated by reference into this item.

Item 1A.    Risk Factors

Information in response to this item can be found under the “Financial Review – Risk Factors” section in this Report which information is incorporated by reference into this item. 

Item 2.    Unregistered Sales of Equity Securities and Use of Proceeds

Unregistered Issuance of Equity Securities

On August 13, 2025, and August 14, 2025, the Company issued an aggregate of 411,536 shares of common stock to plaintiffs’ counsel as payment in connection with the settlement of the Himstreet v. Scharf et al. shareholder derivative action previously disclosed in the Company’s Current Report on Form 8-K filed April 30, 2025. The shares were issued in reliance on the exemption from registration under Section 3(a)(10