Company: WFC-PC
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0000072971-25-000253
Chunk: 221

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 15
Chunk 221
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 income is interest earned on assets minus the interest paid on liabilities to fund those assets. Segment interest earned includes actual interest income on segment assets as well as a funding credit for their deposits. Segment interest paid on liabilities includes actual interest expense on segment liabilities as well as a funding charge for their assets.(3)In third quarter 2025, we prospectively transferred approximately $8 billion of loans and approximately $6 billion of deposits related to certain business customers from the Commercial Banking operating segment to Consumer, Small and Business Banking in the Consumer Banking and Lending operating segment.

118Wells Fargo & Company

Note 18:  Revenue and ExpensesRevenueOur revenue includes net interest income on financial instruments and noninterest income. Table 18.1 presents our revenue by operating segment. For additional description of our operating segments, including additional financial information and the underlying management accounting process, seeNote 17 (Operating Segments). For a description of our revenue from contracts with customers, see Note 21 (Revenue and Expenses) in our 2024 Form 10-K.Table 18.1:  Revenue by Operating Segment(in millions)  Consumer Banking and LendingCommercial BankingCorporate and Investment BankingWealth and Investment ManagementCorporateReconcilingItems (1)ConsolidatedCompanyQuarter ended September 30, 2025Net interest income (2)$7,505 1,949 1,870 974 (273)(75)11,950 Noninterest income:Deposit-related fees698 311 273 7 1 — 1,290 Lending-related fees (2)22 144 214 4 — — 384 Investment advisory and other asset-based fees (3)1 19 39 2,601 — — 2,660 Commissions and brokerage services fees— — 95 557 (1)— 651 Investment banking fees(2)45 826 — (29)— 840 Card fees:Card interchange and network revenue (4)973 47 13 1 1 — 1,035 Other card fees (2)189 — — — (1)— 188 Total card fees1,162 47 13 1 — — 1,223 Mortgage banking (2)199 — 70 (3)2 — 268 Net gains from trading activities (2)— — 1,425 35