Summary
Wells Fargo & Company (WFC) filed an 8-K on July 16, 2019, to report its financial results for the quarter ended June 30, 2019. The company issued a press release (Exhibit 99.1) detailing these results and also made available a 2Q19 Quarterly Supplement (Exhibit 99.2) containing additional financial information. These documents are being furnished to investors to provide transparency on the company's performance during the second quarter of 2019 and include both historical and forward-looking data. The press release is considered "filed" for regulatory purposes, meaning it is subject to Section 18 of the Securities Exchange Act of 1934. The Quarterly Supplement, while also incorporated by reference, is furnished and not deemed "filed" under Section 18, indicating a slightly different level of regulatory scrutiny for that specific document. Wells Fargo also announced a conference call to discuss these results.
Key Highlights
- 1Wells Fargo released its second-quarter 2019 financial results on July 16, 2019.
- 2The company filed an 8-K to report these earnings.
- 3A press release (Exhibit 99.1) containing the financial results is included and is considered 'filed' under Section 18 of the Securities Exchange Act of 1934.
- 4A more detailed 2Q19 Quarterly Supplement (Exhibit 99.2) was also furnished, providing additional financial information.
- 5The Quarterly Supplement is not considered 'filed' under Section 18, but is incorporated by reference into the filing.
- 6Wells Fargo planned to host a conference call to discuss the quarterly results and other company matters.