Summary
Wells Fargo & Company/MN (WFC) filed an 8-K on April 20, 2011, to report its financial results for the first quarter ended March 31, 2011. This filing includes a press release detailing the company's operational and financial performance for the quarter, which is considered 'filed' for regulatory purposes. Additionally, a more detailed Quarterly Supplement, containing further historical and forward-looking information, was made available on the company's website and is incorporated by reference. Investors should note that while the press release is officially filed and subject to Section 18 of the Securities Exchange Act of 1934, the Quarterly Supplement is furnished and not considered filed under the same section. The company also announced a conference call and webcast to discuss these results. Complete financial statements will be provided in the upcoming Form 10-Q filing.
Key Highlights
- 1Wells Fargo announced its first quarter 2011 financial results via an 8-K filing on April 20, 2011.
- 2The filing includes a press release (Exhibit 99.1) containing key operational and financial information for the quarter ended March 31, 2011.
- 3A Quarterly Supplement (Exhibit 99.2) providing additional historical and forward-looking data was also made available.
- 4The press release is officially 'filed' under the Securities Exchange Act of 1934, making its contents subject to disclosure rules.
- 5The Quarterly Supplement is 'furnished' and not considered filed under Section 18, meaning it has less regulatory weight but provides supplementary information.
- 6Wells Fargo scheduled a conference call and webcast for April 20, 2011, to discuss the reported results.
- 7Full financial statements and detailed analyses for the first quarter will be included in the upcoming Form 10-Q.