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

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 1
Chunk 10
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— — 61 1,888 Fair value1,934 — — 61 1,873 Weighted average yield4.39%— — 4.63 4.38 Collateralized loan obligationsAmortized cost, net$4,829 — 24 376 4,429 Fair value4,842 — 24 377 4,441 Weighted average yield5.65%— 6.30 5.88 5.63 Other debt securitiesAmortized cost, net$294 82 140 64 8 Fair value351 86 151 101 13 Weighted average yield5.81%4.68 8.23 2.43 1.60 Total available-for-sale debt securitiesAmortized cost, net (1)$209,904 2,027 12,471 42,216 153,190 Fair value206,682 2,030 12,214 42,159 150,279 Weighted average yield (2)4.37%3.72 2.66 4.16 4.58 (1)Amortized cost, net excludes portfolio level basis adjustments of $129 million.(2)Weighted average yields are calculated using the effective yield method and are weighted based on amortized cost, net of ACL. The effective yield method is calculated using the contractual coupon and the impact of any premiums and discounts and is shown pre-tax. We have not included the effect of any related hedging derivatives. The effective yield for mortgage-backed securities excludes unscheduled principal payments, and remaining expected maturities will differ from contractual maturities because borrowers may have the right to prepay obligations before the underlying mortgages mature.

Wells Fargo & Company67

Note 3:  Available-for-Sale and Held-to-Maturity Debt Securities (continued)

Table 3.7:  Contractual Maturities – Held-to-Maturity Debt SecuritiesBy remaining contractual maturity ($ in millions)TotalWithinone yearAfterone yearthroughfive yearsAfterfive yearsthroughten yearsAfterten yearsSeptember 30, 2025Held-to-maturity debt securities: Securities of U.S. Treasury and federal agenciesAmortized cost, net$3,797 — — — 3,797 Fair value2,076 — — — 2,076 Weighted