{"schema_version":"secwatch.filing_event.v1","accession":"0000072971-23-000083","form_type":"8-K","ticker":"WFC","cik":"0000072971","company_name":"WELLS FARGO & COMPANY/MN","filed_at":"2023-04-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.097348+00:00","generated_at":"2026-06-17T02:16:15.112227+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Wells Fargo Q1 net income $5.0B, EPS $1.23; revenue $20.7B, up 17% YoY","bullets":["Net income of $4.991B ($1.23 diluted EPS) vs $3.788B ($0.91) a year ago; revenue $20.729B, up 17% YoY.","Provision for credit losses $1.207B vs negative $787M in Q1 2022; net charge-offs slowly increasing.","CET1 ratio improved to 10.8% (preliminary); repurchased 86.4M shares for $4.0B during the quarter.","Average loans $948.7B (+5.6% YoY); average deposits $1,356.7B (-7.3% YoY).","CEO cited strong revenue growth, efficiency progress, and resumed buyback amid banking industry stress."],"urls":{"canonical":"https://secwatch.observer/filing/0000072971-23-000083","json":"https://secwatch.observer/filing/0000072971-23-000083.json","markdown":"https://secwatch.observer/filing/0000072971-23-000083.md","text":"https://secwatch.observer/filing/0000072971-23-000083.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/72971/000007297123000083/0000072971-23-000083-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/72971/000007297123000083/wfc-20230414.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T02:16:15.112227+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"74a00154b80c2692fac2005d2bfe85ba0f5fdac6","claim":"WELLS FARGO & COMPANY/MN reported the quarter ended March 31, 2023 results: revenue $ 20,729, net income $5.0 billion, EPS $1.23 per Diluted Share.","evidence_excerpt":"per Diluted Share Company-wide Financial Summary Quarter ended Mar 31, 2023 Mar 31, 2022 Selected Income Statement Data ($ in millions except per share amounts) Total revenue $ 20,729 17,728 Noninterest expense 13,676 13,851 Provision for credit losses 1 1,207 (787) Net income 4,991 3,788 Diluted earnings per common share 1.23 0.91 Selected Balance Sheet Data","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/72971/000007297123000083/0000072971-23-000083-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Revenue","value":"$ 20,729"},{"label":"Net income","value":"$5.0 billion"},{"label":"EPS","value":"$1.23 per Diluted Share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}