---
schema_version: "secwatch.filing_event.v1"
accession: "0000072971-25-000239"
form_type: "8-K"
ticker: "WFC"
cik: "0000072971"
company_name: "WELLS FARGO & COMPANY/MN"
filed_at: "2025-10-14T23:59:59+00:00"
generated_at: "2026-05-17T04:01:20.780761+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Wells Fargo Q3 EPS $1.66, revenue $21.4B, CET1 11.0%; Scharf named Chairman

## Summary
- Net income $5.6B, EPS $1.66 (up 17% YoY), revenue $21.4B (+5% YoY).
- Net interest income $11.95B (+2% YoY); noninterest income +9% on asset-based fees and investment banking.
- CET1 ratio 11.0%; returned $6.1B in share repurchases and increased common dividend 12.5% in Q3.
- Board appointed Charlie Scharf as Chairman, Steven Black as Lead Independent Director.
- Credit quality improved: net charge-offs $954M (-14% YoY), nonaccrual loans 0.81% of total loans.

## SEC filing metadata
- accession: 0000072971-25-000239
- form_type: 8-K
- ticker: WFC
- cik: 0000072971
- company_name: WELLS FARGO & COMPANY/MN
- filed_at: 2025-10-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/72971/000007297125000239/0000072971-25-000239-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/72971/000007297125000239/wfc-20251014.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000072971-25-000239
- JSON: https://secwatch.observer/filing/0000072971-25-000239.json
- Plain text: https://secwatch.observer/filing/0000072971-25-000239.txt

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