---
schema_version: "secwatch.filing_event.v1"
accession: "0000072971-25-000007"
form_type: "8-K"
ticker: "WFC"
cik: "0000072971"
company_name: "WELLS FARGO & COMPANY/MN"
filed_at: "2025-01-15T23:59:59+00:00"
generated_at: "2026-05-28T01:33:36.993610+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Wells Fargo Q4 net income $5.1B, EPS $1.43; FY repurchases $20B; OCC consent order terminated

## Summary
- Q4 2024 net income $5,079M ($1.43 EPS) vs $3,446M ($0.86 EPS) a year ago; revenue $20,378M.
- Net interest income $11,836M (-7% YoY); noninterest income $8,542M (+11% YoY) on venture gains and asset-based fees.
- Noninterest expense $13,900M (-12% YoY) including lower FDIC assessment and severance; $863M discrete tax benefit recognized.
- CET1 ratio 11.1%; repurchased 57.8M shares ($4.0B) in Q4; full-year $20B repurchases and 15% dividend increase.
- OCC terminated 2016 sales-practices consent order; credit card loan growth and checking account expansion cited as bright spots.

## SEC filing metadata
- accession: 0000072971-25-000007
- form_type: 8-K
- ticker: WFC
- cik: 0000072971
- company_name: WELLS FARGO & COMPANY/MN
- filed_at: 2025-01-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/72971/000007297125000007/0000072971-25-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/72971/000007297125000007/wfc-20250115.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000072971-25-000007
- JSON: https://secwatch.observer/filing/0000072971-25-000007.json
- Plain text: https://secwatch.observer/filing/0000072971-25-000007.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.