Wells Fargo Files 8-K with Preferred Stock and Debt Guarantees
Ticker: WFC-PA · Form: 8-K · Filed: Aug 28, 2025 · CIK: 72971
| Field | Detail |
|---|---|
| Company | Wells Fargo & Company/Mn (WFC-PA) |
| Form Type | 8-K |
| Filed Date | Aug 28, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1 |
| Sentiment | neutral |
Sentiment: neutral
Topics: preferred-stock, debt-guarantee, financial-disclosure
Related Tickers: WFC
TL;DR
WFK filed an 8-K detailing preferred stock series and debt guarantees.
AI Summary
Wells Fargo & Company/MN filed an 8-K on August 28, 2025, primarily related to financial statements and exhibits. The filing details various preferred stock series, including Series L, Y, Z, AA, CC, and DD, all issued under the Non-Cumulative Perpetual Class A Preferred Stock umbrella. It also references a guarantee of medium-term notes issued by Wells Fargo Finance LLC.
Why It Matters
This filing provides transparency into Wells Fargo's capital structure, specifically detailing various classes of preferred stock and its financial commitments through debt guarantees.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of financial instruments and exhibits, not indicating any immediate operational or financial distress.
Key Players & Entities
- WELLS FARGO & COMPANY/MN (company) — Filer
- Wells Fargo Finance LLC (company) — Issuer of guaranteed medium-term notes
- A7.5NonCumulativePerpetualConvertibleClassAPreferredStockSeriesL (dollar_amount) — Preferred Stock Series
- NonCumulativePerpetualClassAPreferredStockSeriesY (dollar_amount) — Preferred Stock Series
- NonCumulativePerpetualClassAPreferredStockSeriesZ (dollar_amount) — Preferred Stock Series
- NonCumulativePerpetualClassAPreferredStockSeriesAA (dollar_amount) — Preferred Stock Series
- NonCumulativePerpetualClassAPreferredStockSeriesCC (dollar_amount) — Preferred Stock Series
- NonCumulativePerpetualClassAPreferredStockSeriesDD (dollar_amount) — Preferred Stock Series
- GuaranteeofMediumTermNotesSeriesAdueOctober302028 (dollar_amount) — Debt Guarantee
FAQ
What specific financial statements or exhibits are being filed with this 8-K?
The filing indicates it is primarily for 'Financial Statements and Exhibits', but the specific contents of these are not detailed in the provided header information.
What is the nature of the 'A7.5NonCumulativePerpetualConvertibleClassAPreferredStockSeriesL'?
This refers to a specific series of preferred stock issued by Wells Fargo, characterized by a 7.5% dividend rate, non-cumulative dividends, perpetual term, and convertibility.
What is the maturity date of the guaranteed medium-term notes?
The medium-term notes guaranteed by Wells Fargo are due October 30, 2028.
What is the SIC code for Wells Fargo & Company/MN?
The Standard Industrial Classification (SIC) code for Wells Fargo & Company/MN is 6021, which corresponds to National Commercial Banks.
When was Wells Fargo & Company/MN incorporated?
The company was incorporated in Delaware (DE).
Filing Stats: 571 words · 2 min read · ~2 pages · Grade level 12.6 · Accepted 2025-08-28 17:09:37
Key Financial Figures
- $1 — ch Registered Common Stock, par value $1-2/3 WFC New York Stock Exchange (
Filing Documents
- d946085d8k.htm (8-K) — 38KB
- d946085dex11.htm (EX-1.1) — 248KB
- 0001193125-25-191344.txt ( ) — 530KB
- wfc-20250828.xsd (EX-101.SCH) — 6KB
- wfc-20250828_def.xml (EX-101.DEF) — 16KB
- wfc-20250828_lab.xml (EX-101.LAB) — 28KB
- wfc-20250828_pre.xml (EX-101.PRE) — 17KB
- d946085d8k_htm.xml (XML) — 14KB
Financial Statements and Exhibits
Financial Statements and Exhibits On August 28, 2025, Wells Fargo & Company established a Medium-Term Note Program, Series Y, and a Subordinated Medium-Term Note Program, Series Z. The purpose of this Current Report is to file with the Securities and Exchange Commission the Distribution Agreement relating to such Programs. (d) Exhibits Exhibit No. Description Location 1.1 Distribution Agreement dated August 28, 2025 between Wells Fargo & Company and the Agent named therein. Filed herewith 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: August 28, 2025 /s/ Bryant Owens Bryant Owens Senior Vice President and Assistant Treasurer