8-KEarnings & ResultsExhibits & Filings

WELLS FARGO & COMPANY/MN 8-K Report, Financial Results (Jan 19, 2011)

Filed January 19, 2011For Securities:WFCWFC-PDWFC-PCWFC-PYWFC-PAWFC-PLWFCNPWFC-PZ

Summary

Wells Fargo & Company (WFC) filed an 8-K on January 19, 2011, to report its financial results for the quarter and full year ended December 31, 2010. The filing includes a press release detailing these results and a quarterly supplement with additional historical and forward-looking information. These documents provide investors with key performance metrics and insights into the company's financial condition for the period. The press release is formally filed and subject to Section 18 of the Securities Exchange Act, while the quarterly supplement is furnished and not subject to the same reporting requirements. Investors should note that the full financial statements and detailed analyses will be presented in the company's upcoming Form 10-K filing. The company also announced its intention to host a conference call and webcast on January 19, 2011, to discuss the released information. This provides an opportunity for investors to hear management's commentary and ask questions directly. The filing serves as an important update for shareholders and the market, providing timely information on the company's operational and financial performance as the year concluded.

Key Highlights

  • 1Wells Fargo released its financial results for the fourth quarter and full year ended December 31, 2010, via an 8-K filing.
  • 2The filing includes a press release (Exhibit 99.1) and a quarterly supplement (Exhibit 99.2) containing key financial data.
  • 3The press release is officially filed and subject to Section 18 of the Securities Exchange Act of 1934.
  • 4The quarterly supplement is furnished and not subject to Section 18, providing supplementary information.
  • 5A conference call and webcast were scheduled for January 19, 2011, to discuss the financial results and other company matters.
  • 6Investors are advised that complete financial statements will be available in the upcoming Form 10-K annual report.
  • 7Richard D. Levy, Executive Vice President and Controller, signed the report on behalf of Wells Fargo.

Frequently Asked Questions

The primary purpose of this 8-K filing is to report Wells Fargo's financial results for the fourth quarter and the full fiscal year ended December 31, 2010. It includes a press release and a quarterly supplement with the financial information.

Exhibit 99.1 is the press release containing the company's results, which is officially 'filed' and subject to legal liability under Section 18 of the Securities Exchange Act. Exhibit 99.2 is a quarterly supplement with additional information, which is 'furnished' and not subject to Section 18, meaning it carries less legal weight regarding accuracy.

Complete financial statements and more detailed analyses for the year ended December 31, 2010, will be included in Wells Fargo's upcoming Annual Report on Form 10-K.

The filing mentions that Wells Fargo intended to host a live conference call and webcast on January 19, 2011, to discuss the press release, the quarterly supplement, and other related company matters.