Company: WFC-PC
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000072971-25-000129
Chunk: 88

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-04-29
Form: 10-Q
Item: Item 1
Chunk 88
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Quarter ended March 31, 2024Net interest income (2)$7,110 2,278 2,027 869 32 (89)12,227 Noninterest income1,981 874 2,955 2,873 291 (338)8,636 Total revenue9,091 3,152 4,982 3,742 323 (427)20,863 Provision for credit losses788 143 5 3 (1)— 938 Personnel expense3,704 1,182 1,669 2,678 259 — 9,492 Nonpersonnel expense2,320 497 661 552 816 — 4,846 Total noninterest expense6,024 1,679 2,330 3,230 1,075 — 14,338 Income (loss) before income tax expense (benefit)2,279 1,330 2,647 509 (751)(427)5,587 Income tax expense (benefit)573 341 666 128 (317)(427)964 Net income (loss) before noncontrolling interests1,706 989 1,981 381 (434)— 4,623 Less: Net income from noncontrolling interests— 3 — — 1 — 4 Net income (loss)$1,706 986 1,981 381 (435)— 4,619 Quarter ended March 31, 2025Loans (average)$318,050 223,804 277,287 84,344 4,697 — 908,182 Assets (average)352,706 246,604 611,037 90,975 618,339 — 1,919,661 Deposits (average)778,601 182,859 203,914 123,378 50,576 — 1,339,328 Loans (period-end)315,973 228,266 280,664 84,444 4,495 — 913,842 Assets (period-end)353,103 252,759 632,478 90,526 621,445 — 1,950,311 Deposits (period-end)798,841 181,469 209,