Company: WFC-PC
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0000072971-25-000253
Chunk: 106

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 1
Chunk 106
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 share amounts)2025202420252024Wells Fargo net income$5,589 5,114 $15,977 14,643 Less: Preferred stock dividends and other (1)248 262 806 838 Wells Fargo net income applicable to common stock (numerator)$5,341 4,852 $15,171 13,805 Earnings per common shareAverage common shares outstanding (denominator)3,182.2 3,384.8 3,231.4 3,464.1 Per share$1.68 1.43 $4.69 3.99 Diluted earnings per common shareAverage common shares outstanding3,182.2 3,384.8 3,231.4 3,464.1 Add: Stock-based compensation awards (2)41.3 40.3 38.9 39.4 Diluted average common shares outstanding (denominator)3,223.5 3,425.1 3,270.3 3,503.5 Per share$1.66 1.42 $4.64 3.94 (1)Includes costs associated with any preferred stock redemption.(2)Stock-based compensation may include restricted share rights, performance share awards, and stock options. Dilution effect 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 September 30,Nine months ended September 30,(in millions)2025202420252024Convertible Preferred Stock, Series L (1)25.3 25.3 25.3 25.3 Stock-based compensation awards (2)0.7 — 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 September 30,Nine months ended September 30,2025202420252024Per common share$0.45 0.40 $1.25 1.10 

Wells Fargo & Company123

Note 21:  Other Comprehensive Income