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 Highlights
33 data pointsBeta
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
In the quarter ended June 30, 2025, Wells Fargo repurchased a total of 43,889,096 shares of its common stock for an approximate dollar value of $3.22 billion.
As of June 30, 2025, Wells Fargo had approximately $40.758 billion remaining under its previously announced share repurchase authorization. Additionally, the company announced a new authorization for up to $40 billion of common stock on April 29, 2025.
No, during the quarter ended June 30, 2025, no director or officer of Wells Fargo adopted or terminated any Rule 10b5-1 or non-Rule 10b5-1 trading arrangements.
Information regarding legal proceedings is incorporated by reference from Note 10 (Legal Actions) to the Financial Statements, and risk factors are detailed in the 'Financial Review – Risk Factors' section of the report.