{"schema_version":"secwatch.filing_event.v1","accession":"0000072971-23-000126","form_type":"8-K","ticker":"WFC","cik":"0000072971","company_name":"WELLS FARGO & COMPANY/MN","filed_at":"2023-07-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.526613+00:00","generated_at":"2026-06-13T08:30:25.896180+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Wells Fargo Q2 net income $4.9B ($1.25 EPS), revenue $20.5B, repurchased $4B in stock","bullets":["Revenue $20,533M vs $17,040M Q2 2022; net income up 57% to $4,938M from $3,142M.","Provision for credit losses $1,713M (incl. $949M increase in allowance, mainly office CRE).","CET1 ratio 10.7%, 1.5pp above current regulatory minimum; repurchased 100.2M shares ($4B).","Avg loans $945.9B (+2% YoY); avg deposits $1,347.4B (-7% YoY, driven by WIM and Commercial).","ROE 11.4% vs 7.2%; ROTCE 13.7% vs 8.7%; CEO cites strong NII, higher charge-offs expected."],"urls":{"canonical":"https://secwatch.observer/filing/0000072971-23-000126","json":"https://secwatch.observer/filing/0000072971-23-000126.json","markdown":"https://secwatch.observer/filing/0000072971-23-000126.md","text":"https://secwatch.observer/filing/0000072971-23-000126.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/72971/000007297123000126/0000072971-23-000126-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/72971/000007297123000126/wfc-20230714.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T08:30:25.896180+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":"075ef929afa322d52067cd1e112d101647e8d3f0","claim":"WELLS FARGO & COMPANY/MN reported the quarter ended June 30, 2023 results: revenue $20.5 billion, net income $4.9 billion, EPS $1.25 per diluted share.","evidence_excerpt":"We reported solid results in the second quarter, with net income of $4.9 billion and revenue of $20.5 billion.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/72971/000007297123000126/0000072971-23-000126-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended June 30, 2023"},{"label":"Revenue","value":"$20.5 billion"},{"label":"Net income","value":"$4.9 billion"},{"label":"EPS","value":"$1.25 per diluted share"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}