Company: WFC-PC
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000072971-25-000129
Chunk: 197

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-04-29
Form: 10-Q
Item: Item 15
Chunk 197
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,619 Quarter ended March 31, 2025Loans (average)$318,050 223,804 277,287 84,344 4,697 — 908,182 Assets (average)352,706 246,604 611,037 90,975 618,339 — 1,919,661 Deposits (average)778,601 182,859 203,914 123,378 50,576 — 1,339,328 Loans (period-end)315,973 228,266 280,664 84,444 4,495 — 913,842 Assets (period-end)353,103 252,759 632,478 90,526 621,445 — 1,950,311 Deposits (period-end)798,841 181,469 209,200 124,582 47,636 — 1,361,728 Quarter ended March 31, 2024Loans (average)$329,729 223,921 283,243 82,483 8,699 — 928,075 Assets (average)366,381 246,242 550,933 89,935 663,483 — 1,916,974 Deposits (average)773,248 164,027 183,273 101,474 119,606 — 1,341,628 Loans (period-end)328,007 227,660 275,597 82,999 8,521 — 922,784 Assets (period-end)366,036 249,963 553,105 90,648 699,401 — 1,959,153 Deposits (period-end)794,160 168,547 195,969 102,478 121,993 — 1,383,147 (1)Taxable-equivalent adjustments related to tax-exempt income on certain loans and debt securities are included in net interest income, while taxable-equivalent adjustments related to income tax credits for affordable housing and renewable energy investments are included in noninterest income, in each case with corresponding impacts to income tax expense (benefit). Adjustments are included in Corporate, Commercial Banking, and Corporate and Investment Banking and are eliminated to reconcile to the Company’s consolidated financial results.(2)Net interest