Early Access

10-QPeriod: Q2 FY2025

WELLS FARGO & COMPANY/MN Quarterly Report for Q2 Ended Jun 30, 2025

Filed August 5, 2025For Securities:WFCWFC-PDWFC-PCWFC-PYWFC-PAWFC-PLWFCNPWFC-PZ

Summary

Wells Fargo & Company (WFC) filed its quarterly report for the period ending June 29, 2025, providing insights into its recent share repurchase activities and corporate governance. The company repurchased a significant number of shares during the second quarter of 2025, demonstrating a commitment to returning capital to shareholders. The total repurchase value and remaining authorization indicate a substantial ongoing program. Furthermore, the report confirms no new trading arrangements were adopted or terminated by directors or officers, adhering to established disclosure requirements.

Financial Statements
Beta
Net Income$5.49B
EPS (Basic)$1.61
EPS (Diluted)$1.60
Shares Outstanding (Basic)3.23B
Shares Outstanding (Diluted)3.27B

Key Highlights

  • 1Wells Fargo repurchased approximately 43.9 million shares of common stock in Q2 2025.
  • 2The total dollar value of shares repurchased in Q2 2025 amounted to approximately $3.22 billion.
  • 3The company has a substantial remaining authorization for share repurchases, with $40.758 billion available as of June 30, 2025, under the original $30 billion authorization.
  • 4An additional $40 billion share repurchase authorization was announced on April 29, 2025, indicating a strong capital return strategy.
  • 5No directors or officers adopted or terminated Rule 10b5-1 or non-Rule 10b5-1 trading arrangements during the reported quarter.
  • 6The report incorporates information on Legal Proceedings by reference to Note 10 of the Financial Statements.
  • 7Risk Factors are incorporated by reference from the 'Financial Review – Risk Factors' section of the report.

Frequently Asked Questions