Company: WFC-PC
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0000072971-25-000253
Chunk: 189

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 12
Chunk 189
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Consumer80 — 80 91 — 91 Total loans931 — 931 1,467 — 1,467 Equity securities771 1,411 2,182 1,451 2,570 4,021 Other assets9,528 8 9,536 4,959 9 4,968 Total assets at fair value on a nonrecurring basis$12,297 1,605 13,902 8,718 2,866 11,584 (1)Consists of commercial mortgages and residential mortgage – first lien loans.Table 12.5 presents the gains (losses) on all assets held at the end of the reporting periods presented for which a nonrecurring fair value adjustment was recognized in earnings during the respective periods.Table 12.5:  Gains (Losses) on Assets with Nonrecurring Fair Value Adjustments Nine months ended September 30,(in millions)20252024Loans held for sale$3 10 Loans:Commercial(421)(786)Consumer(298)(411)Total loans(719)(1,197)Equity securities (1)(243)(156)Other assets (2)1,310 450 Total$351 (893)(1)Includes impairment of equity securities and observable price changes related to equity securities accounted for under the measurement alternative.(2)Includes impairment of operating lease ROU assets, valuation of physical commodities inventory, and valuation losses on foreclosed real estate, and other collateral owned.Table 12.6 provides quantitative information about the valuation techniques and significant unobservable inputs used in the valuation of our Level 3 assets that are measured at fair value on a nonrecurring basis. Weighted averages of inputs for equity securities are calculated using carrying value prior to the nonrecurring fair value measurement.Table 12.6:  Valuation Techniques – Nonrecurring Basis ($ in millions)Fair ValueLevel 3ValuationTechnique (1)SignificantUnobservable Input (1)Range of InputsPositive (Negative)WeightedAverageSeptember 30, 2025Equity securities$146 Market comparable pricingComparability adjustment(100.0)-(7.0)%(48.6)1,265 Market comparable pricingMultiples1.1x-44.1x13.6xDecember 31, 2024Equity securities1,309 Market comparable pricingComparability adjustment(100.0)-2