10-Q/APeriod: Q2 FY2023

WELLS FARGO & COMPANY/MN Quarterly Report (Amendment) for Q2 Ended Jun 30, 2023

Filed August 4, 2023For Securities:WFCWFC-PDWFC-PCWFC-PYWFC-PAWFC-PLWFCNPWFC-PZ

Summary

Wells Fargo & Company (WFC) filed its quarterly report amendment for the period ending June 29, 2023, on August 3, 2023. This filing primarily serves to provide updated exhibits to the original 10-Q filing. Investors should note that this amendment does not appear to contain substantial new financial performance data or significant business developments beyond what was likely in the initial 10-Q. The core financial health and operational results for the second quarter of 2023 would have been detailed in the original filing. For a comprehensive understanding of WFC's performance, investors should refer to the initial Form 10-Q filed for the period. This amendment is mainly procedural, focusing on the formal submission of required exhibits. Therefore, while important for regulatory compliance, it's less critical for immediate investment decision-making compared to the primary quarterly financial report.

Financial Statements
Beta
Interest Expense$7.67B
Net Income$4.94B
EPS (Basic)$1.26
EPS (Diluted)$1.25
Shares Outstanding (Basic)3.70B
Shares Outstanding (Diluted)3.72B

Key Highlights

  • 1The filing is an amendment (10-Q/A) to the previous quarterly report for the period ending June 29, 2023.
  • 2The amendment was filed on August 3, 2023.
  • 3The primary purpose of this filing appears to be the submission of updated exhibits.
  • 4It does not seem to introduce new material financial performance data or significant business changes.
  • 5Investors should consult the original 10-Q filing for detailed financial results and operational insights.
  • 6The SEC file number for Wells Fargo & Company/MN is 001-2979.
  • 7Historical company name information is provided, noting previous filings under Norwest Corporation.

Frequently Asked Questions

This filing is an amendment to the original 10-Q report. Its primary purpose appears to be the submission of updated or corrected exhibits required by the SEC, rather than presenting new financial results or major business updates.

No, typically 10-Q/A filings are procedural. The substantial financial performance data and analysis for the quarter ending June 29, 2023, would have been presented in the initial 10-Q filing. This amendment is for exhibit purposes.

You should refer to the original Form 10-Q filing submitted by Wells Fargo & Company/MN for the period ending June 29, 2023. This amendment (10-Q/A) is supplementary.

Based on the provided excerpt, this filing amendment focuses on exhibits. It does not appear to detail significant operational changes or strategic shifts. Such information would typically be found in the management's discussion and analysis (MD&A) section of the original 10-Q.