8-KEarnings & ResultsRegulation FDExhibits & Filings

WELLS FARGO & COMPANY/MN 8-K Report, Financial Results (Jan 14, 2022)

Filed January 14, 2022For Securities:WFCWFC-PDWFC-PCWFC-PYWFC-PAWFC-PLWFCNPWFC-PZ

Summary

Wells Fargo & Company (WFC) filed an 8-K on January 14, 2022, to report its fourth quarter and full-year 2021 financial results. The filing includes a press release (Exhibit 99.1) and a quarterly supplement (Exhibit 99.2) detailing the company's financial performance. Additionally, presentation materials (Exhibit 99.3) were made available on their website and furnished with the filing, which include historical and forward-looking information, with a specific section on "2022 net interest income expectations" being deemed filed. Investors should note that while the press release and quarterly supplement provide filed information regarding the 4Q21 results, the majority of the presentation materials are furnished, not filed, under Regulation FD. However, the "2022 net interest income expectations" section within the presentation is considered filed. The company also announced a conference call and webcast to discuss these results, offering further insights into their financial condition and strategic outlook.

Key Highlights

  • 1Wells Fargo filed an 8-K on January 14, 2022, to announce its fourth quarter and full-year 2021 financial results.
  • 2The filing incorporates by reference a press release (Exhibit 99.1) and a 4Q21 Quarterly Supplement (Exhibit 99.2) detailing operational and financial conditions for the quarter ended December 31, 2021.
  • 3Presentation materials (Exhibit 99.3) were posted on the company's website and furnished with the 8-K.
  • 4A specific section within the presentation materials, "2022 net interest income expectations," is considered "filed" for Section 18 purposes.
  • 5The rest of Exhibit 99.3 is furnished and not considered "filed" under Section 18, except as otherwise noted.
  • 6Wells Fargo announced a conference call and webcast to discuss its 4Q21 financial results and other company matters.

Frequently Asked Questions

The primary purpose of this 8-K filing is to publicly announce and provide details on Wells Fargo's financial results for the fourth quarter and full year of 2021. It includes their official press release, a detailed quarterly supplement, and presentation materials for investors.

The press release (Exhibit 99.1) and the 4Q21 Quarterly Supplement (Exhibit 99.2) are considered 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934. The presentation materials (Exhibit 99.3) are generally 'furnished,' meaning they are not subject to the same liability as filed documents, with the exception of the "2022 net interest income expectations" section, which is considered 'filed'.

Investors can refer to Exhibit 99.1 (News Release) and Exhibit 99.2 (4Q21 Quarterly Supplement) attached to this 8-K filing for more detailed financial information. The presentation materials (Exhibit 99.3) also offer additional insights, particularly the section on "2022 net interest income expectations" which is filed.

Yes, Wells Fargo announced they would be hosting a live conference call and webcast on January 14, 2022, to discuss their fourth quarter 2021 financial results and other company matters. This provides an opportunity for investors to hear directly from management and potentially ask questions.