Wells Fargo Files 8-K with Financial Exhibits
Ticker: WFC-PA · Form: 8-K · Filed: Apr 23, 2024 · CIK: 72971
| Field | Detail |
|---|---|
| Company | Wells Fargo & Company/Mn (WFC-PA) |
| Form Type | 8-K |
| Filed Date | Apr 23, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $1 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-statements, exhibits, preferred-stock
Related Tickers: WFC
TL;DR
WFC filed an 8-K on 4/23/24 detailing preferred stock series.
AI Summary
Wells Fargo & Company filed an 8-K on April 23, 2024, primarily to report financial statements and exhibits. The filing details various classes of preferred stock, including Series L, Series Y5, Series Z1, and Series Aa2, all of which are non-cumulative perpetual convertible preferred stock.
Why It Matters
This filing provides updated financial information and details on the company's preferred stock structure, which is important for investors assessing the company's capital and financial health.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of financial statements and exhibits, not indicating any new material risks or events.
Key Players & Entities
- WELLS FARGO & COMPANY/MN (company) — Filer
- 0000072971 (company) — Central Index Key
- 20240423 (date) — Filing Date
- wfc:A7.5NonCumulativePerpetualConvertibleClassAPreferredStockSeriesLMember (company) — Preferred Stock Series L
- wfc:DepositarySharesEachRepresentingA11000thInterestInAShareOfNonCumulativePerpetualClassAPreferredStockSeriesY5Member (company) — Preferred Stock Series Y5
- wfc:DepositarySharesEachRepresentingA11000thInterestInAShareOfNonCumulativePerpetualClassAPreferredStockSeriesZ1Member (company) — Preferred Stock Series Z1
- wfc:DepositarySharesEachRepresentingA11000thInterestInAShareOfNonCumulativePerpetualClas (company) — Preferred Stock Series Aa2
FAQ
What is the primary purpose of this 8-K filing by Wells Fargo?
The primary purpose of this 8-K filing on April 23, 2024, is to report financial statements and exhibits.
What specific types of preferred stock are mentioned in the filing?
The filing mentions Series L, Series Y5, Series Z1, and Series Aa2, all of which are non-cumulative perpetual convertible preferred stock.
What is the Central Index Key (CIK) for Wells Fargo & Company?
The Central Index Key for Wells Fargo & Company is 0000072971.
On what date was this 8-K form filed?
This 8-K form was filed on April 23, 2024.
What is the SIC code for Wells Fargo & Company?
The Standard Industrial Classification (SIC) code for Wells Fargo & Company is 6021, which corresponds to National Commercial Banks.
Filing Stats: 658 words · 3 min read · ~2 pages · Grade level 10.9 · Accepted 2024-04-23 16:27:36
Key Financial Figures
- $1 — ch Registered Common Stock, par value $1-2/3 WFC New York Stock Exchange (NY
Filing Documents
- d67905d8k.htm (8-K) — 40KB
- d67905dex11.htm (EX-1.1) — 269KB
- d67905dex41.htm (EX-4.1) — 99KB
- d67905dex51.htm (EX-5.1) — 10KB
- g67905g0421065824196.jpg (GRAPHIC) — 6KB
- g67905g0421065824431.jpg (GRAPHIC) — 5KB
- 0001193125-24-107105.txt ( ) — 716KB
- wfc-20240423.xsd (EX-101.SCH) — 6KB
- wfc-20240423_def.xml (EX-101.DEF) — 17KB
- wfc-20240423_lab.xml (EX-101.LAB) — 30KB
- wfc-20240423_pre.xml (EX-101.PRE) — 18KB
- d67905d8k_htm.xml (XML) — 16KB
Financial Statements and Exhibits
Financial Statements and Exhibits Exhibits are filed herewith in connection with the Registration Statement on Form S-3 (File No. 333-269514) filed by Wells Fargo & Company (the "Company") with the Securities and Exchange Commission (the "SEC"). On April 23, 2024, the Company issued CAD1,250,000,000 5.083% Fixed-to-Floating Rate Notes Due April 26, 2028 (the "Notes"). The purpose of this Current Report is to file with the SEC the following documents: (i) the Underwriting Agreement for the Notes; (ii) the form of the Notes; and (iii) the opinion of Faegre Drinker Biddle & Reath LLP regarding the Notes. (d) Exhibits Exhibit No. Description Location 1.1 Underwriting Agreement dated April 16, 2024 among the Company and the Underwriters named therein. Filed herewith 4.1 Form of 5.083% Fixed-to-Floating Rate Notes Due April 26, 2028. Filed herewith 5.1 Opinion of Faegre Drinker Biddle & Reath LLP regarding the Notes. Filed herewith 23.1 Consent of Faegre Drinker Biddle & Reath LLP. Included as part of Exhibit 5.1 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL. Filed herewith 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WELLS FARGO & COMPANY DATED: April 23, 2024 /s/ Bryant Owens Bryant Owens Senior Vice President and Assistant Treasurer