{"schema_version":"secwatch.filing_event.v1","accession":"0000072971-24-000115","form_type":"8-K","ticker":"WFC","cik":"0000072971","company_name":"WELLS FARGO & COMPANY/MN","filed_at":"2024-04-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.850299+00:00","generated_at":"2026-06-03T23:41:02.979853+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Wells Fargo Q1 net income $4.6B ($1.20 EPS); OCC terminates 2016 sales practices order","bullets":["Net income $4.6B ($1.20 diluted EPS) vs $4.99B ($1.23) in Q1 2023; revenue $20.86B slightly up from $20.73B.","Repurchased 112.5M shares for $6.1B in Q1; CET1 ratio 11.2% versus 10.8% a year ago.","OCC terminated 2016 consent order on sales practices misconduct; sixth enforcement action closed since 2019.","Average loans $928.1B (-2% YoY); average deposits $1,341.6B (-1% YoY).","Provision for credit losses $938M vs $1.207B YoY; noninterest expense $14.34B up from $13.68B."],"urls":{"canonical":"https://secwatch.observer/filing/0000072971-24-000115","json":"https://secwatch.observer/filing/0000072971-24-000115.json","markdown":"https://secwatch.observer/filing/0000072971-24-000115.md","text":"https://secwatch.observer/filing/0000072971-24-000115.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/72971/000007297124000115/0000072971-24-000115-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/72971/000007297124000115/wfc-20240412.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T23:41:02.979853+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":"d034de28e19e9afa95dd630af364e9f53c1215d9","claim":"WELLS FARGO & COMPANY/MN reported the quarter ended March 31, 2024 results: revenue $20,863, net income $4,619, EPS $1.20 per diluted share.","evidence_excerpt":"per Diluted Share Company-wide Financial Summary Quarter ended Mar 31, 2024 Mar 31, 2023 Selected Income Statement Data ($ in millions except per share amounts) Total revenue $ 20,863 20,729 Noninterest expense 14,338 13,676 Provision for credit losses 1 938 1,207 Net income 4,619 4,991 Diluted earnings per common share 1.20 1.23 Selected Balance Sheet Data ($","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/72971/000007297124000115/0000072971-24-000115-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2024"},{"label":"Revenue","value":"$20,863"},{"label":"Net income","value":"$4,619"},{"label":"EPS","value":"$1.20 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"}