Company: WFC-PC
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0000072971-25-000253
Chunk: 129

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 4
Chunk 129
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 2025, and December 31, 2024, respectively.Net Gains and Losses Not Held for TradingTable 4.2 provides a summary of the net gains and losses from equity securities not held for trading, which excludes equity method adjustments for our share of the investee’s earnings or losses that are recognized in other noninterest income. Gains and losses from equity securities not held for trading are reported in net gains from trading and securities. Table 4.2:  Net Gains (Losses) from Equity Securities Not Held for TradingQuarter ended September 30,Nine months ended September 30,(in millions)2025202420252024Net gains from equity securities carried at fair value$103 10 $63 70 Net gains (losses) from equity securities not carried at fair value (1):Impairment write-downs(108)(178)(426)(568)Net unrealized gains (losses) (2)65 (39)99 290 Net realized gains89 464 189 563 Total net gains (losses) from equity securities not carried at fair value46 247 (138)285 Total net gains (losses) from equity securities not held for trading$149 257 $(75)355 (1)Includes amounts related to venture capital investments in consolidated portfolio companies, which are not reported in equity securities on our consolidated balance sheet.(2)Includes unrealized gains (losses) due to observable price changes from equity securities accounted for under the measurement alternative.

Wells Fargo & Company69

Note 4:  Equity Securities (continued)

Measurement AlternativeTable 4.3 provides additional information about the impairment write-downs and observable price changes from nonmarketable equity securities accounted for under the measurement alternative. Gains and losses related to these adjustments are also included in Table 4.2.Table 4.3:  Net Gains (Losses) from Measurement Alternative Equity SecuritiesQuarter ended September 30,Nine months ended September 30,(in millions)2025202420252024Net gains (losses) recognized in earnings during the period:Gross unrealized gains from observable price changes$103 12 $210 350 Gross unrealized losses from observable price changes(3)— (47)(9)Impairment write-downs(102)(104)(347)(424)Net realized gains from sale42 31 80 96 Total net gains (losses) recognized