“Shareholder Proposal – Energy Supply Ratio FOR % 2 AGAINST ABSTENTIONS BROKER NON-VOTES 498,482,511 20.36% 1,920,162,032 30,270,229 282,105,559”
Shareholder Votes
WELLS FARGO & COMPANY/MN shareholders rejected Shareholder Proposal – Govern by Majority Vote.
“Shareholder Proposal – Govern by Majority Vote FOR % 2 AGAINST ABSTENTIONS BROKER NON-VOTES 1,174,113,467 47.94% 1,258,184,662 16,616,643 282,105,559”
Shareholder Votes
WELLS FARGO & COMPANY/MN shareholders rejected Shareholder Proposal – Request for Board of Directors to Adopt Policy for an Independent Chair.
“Shareholder Proposal – Request for Board of Directors to Adopt Policy for an Independent Chair FOR % 2 AGAINST ABSTENTIONS BROKER NON-VOTES 830,200,706 33.90% 1,589,896,934 28,817,132 282,105,559”
Shareholder Votes
WELLS FARGO & COMPANY/MN shareholders approved Ratify the Appointment of KPMG LLP as the Company’s Independent Registered Public Accounting Firm for 2026.
“Ratify the Appointment of KPMG LLP as the Company’s Independent Registered Public Accounting Firm for 2026 FOR % 2 AGAINST ABSTENTIONS BROKER NON-VOTES 2,556,099,670 93.60% 166,957,643 7,963,018 —”
Shareholder Votes
WELLS FARGO & COMPANY/MN shareholders approved Amend and Restate the Company's 2022 Long-Term Incentive Plan.
“Amend and Restate the Company's 2022 Long-Term Incentive Plan FOR % 1 AGAINST ABSTENTIONS BROKER NON-VOTES 2,337,239,396 95.93% 99,219,067 12,456,309 282,105,559”
Shareholder Votes
WELLS FARGO & COMPANY/MN shareholders approved Advisory Vote to Approve Executive Compensation (Say on Pay).
“Advisory Vote to Approve Executive Compensation (Say on Pay) FOR % 2 AGAINST ABSTENTIONS BROKER NON-VOTES 1,604,792,488 65.53% 831,262,731 12,859,553 282,105,559”
Shareholder Votes
WELLS FARGO & COMPANY/MN shareholders approved Election of the 12 director nominees nominated by the Board.
“At the 2026 Shareholder Meeting, shareholders elected the 12 director nominees nominated by the Board as each director nominee received a greater number of votes cast “for” his or her election than votes cast “against” his or her election, as reflected below.”
Earnings Releases
WELLS FARGO & COMPANY/MN reported Quarter ended Mar 31, 2026 results: revenue $ 21,446, net income 5,253, EPS 1.60.
“Quarter ended Mar 31, 2026 Mar 31, 2025 Selected Income Statement Data ($ in millions except per share amounts) Total revenue $ 21,446 20,149 Noninterest expense 14,330 13,891 Provision for credit losses 1 1,135 932 Net income 5,253 4,894 Diluted earnings per common share 1.60 1.39”
Governance Changes
WELLS FARGO & COMPANY/MN: Filed a Certificate of Designation establishing a new series of Preferred Stock, Series GG, with 90,000 authorized shares, no par value, and a $25,000 liquidation preference (effective 2026-03-16).
“On March 16, 2026, the Company filed with the Delaware Secretary of State a Certificate of Designation which, effective upon filing, designated a series of such Preferred Stock as “6.125% Fixed Rate Reset Non-Cumulative Perpetual Class A Preferred Stock, Series GG,” authorized 90,000 shares of Non-Cumulative Perpetual Class A Preferred Stock, Series GG, without par value and with a liquidation preference amount of $25,000 per share”
Governance Changes
WELLS FARGO & COMPANY/MN: Eliminated the Certificate of Designation for the Series BB Preferred Stock from the Restated Certificate of Incorporation (effective 2026-03-17).
“On March 17, 2026, Wells Fargo & Company (the “Company”) filed with the Delaware Secretary of State a Certificate Eliminating the Certificate of Designation with respect to the Company’s 3.90% Fixed Rate Reset Non-Cumulative Perpetual Class A Preferred Stock, Series BB (the “Series BB Preferred”), which, effective upon filing, eliminated from the Company’s Restated Certificate of Incorporation all matters set forth in the Certificate of Designation for the Series BB Preferred, filed with the Delaware Secretary of State on January 22, 2021.”
Governance Changes
WELLS FARGO & COMPANY/MN: The Board amended the By-Laws to remove the requirement that the Chairman be an independent director and to update shareholder nomination procedures and other technical changes (effective 2025-07-29).
“On July 29, 2025, the Board approved and adopted the Company’s By-Laws (as amended and restated, the “By-Laws”), effective immediately. Among other things, the amendments remove the requirement that the Chairman of the Board be an independent director.”
Governance Changes
WELLS FARGO & COMPANY/MN: Eliminated Certificate of Designations for Series U Preferred Stock from Restated Certificate of Incorporation (effective 2025-06-17).
“On June 17, 2025, Wells Fargo & Company (the “Company”) filed with the Delaware Secretary of State a Certificate Eliminating the Certificate of Designations with respect to the Company’s 5.875% Fixed-to-Floating Rate Non-Cumulative Perpetual Class A Preferred Stock, Series U (the “Series U Preferred”), which, effective upon filing, eliminated from the Company’s Restated Certificate of Incorporation all matters set forth in the Certificate of Designations for the Series U Preferred, filed with the Delaware Secretary of State on January 22, 2015.”
Fernando Rivas changed role as Sole CEO of Corporate & Investment Banking at WELLS FARGO & COMPANY/MN.
“Fernando Rivas, who joined the Company in May 2024 as Co-CEO of CIB, will become CIB’s sole CEO effective immediately.”
Jon Weiss departed as Co-CEO of Corporate & Investment Banking at WELLS FARGO & COMPANY/MN.
“Mr. Weiss will step down as Co-CEO of CIB effective immediately and will retire from the Company on June 1, 2025.”
Governance Changes
WELLS FARGO & COMPANY/MN: Shareholders approved an amendment to the Restated Certificate of Incorporation to opt out of DGCL Section 203 (effective 2024-05-02).
“the Company’s shareholders approved an amendment to the Restated Certificate of Incorporation (the “Certificate”) to opt out of Delaware General Corporation Law (“DGCL”) Section 203”
Shareholder Votes
WELLS FARGO & COMPANY/MN shareholders approved Approve an Amendment to the Restated Certificate of Incorporation to Opt Out of DGCL Section 203 at the 2024-04-30 meeting.
“Approve an Amendment to the Restated Certificate of Incorporation to Opt Out of DGCL Section 203 FOR % 3 AGAINST ABSTENTIONS BROKER NON-VOTES 2,770,856,131 78.26% 37,463,801 15,434,618 309,801,446”
Shareholder Votes
WELLS FARGO & COMPANY/MN shareholders approved Ratify the Appointment of KPMG LLP as the Company’s Independent Registered Public Accounting Firm for 2023 at the 2024-04-30 meeting.
“Ratify the Appointment of KPMG LLP as the Company’s Independent Registered Public Accounting Firm for 2023 FOR % 2 AGAINST ABSTENTIONS BROKER NON-VOTES 2,954,827,444 94.30% 167,509,696 11,218,856 —”
Shareholder Votes
WELLS FARGO & COMPANY/MN shareholders approved Advisory Resolution to Approve Executive Compensation (Say on Pay) at the 2024-04-30 meeting.
“Advisory Resolution to Approve Executive Compensation (Say on Pay) FOR % 2 AGAINST ABSTENTIONS BROKER NON-VOTES 2,618,568,744 92.73% 189,660,838 15,524,968 309,801,446”
Shareholder Votes
WELLS FARGO & COMPANY/MN shareholders approved Election of 13 director nominees at the 2024-04-30 meeting.
“The Company held its annual meeting of shareholders on April 30, 2024 (“2024 Annual Meeting”). At the 2024 Annual Meeting, shareholders elected the 13 director nominees nominated by the Board as each director nominee received a greater number of votes cast “for” his or her election than votes cast “against” his or her election”
Earnings Releases
WELLS FARGO & COMPANY/MN reported the quarter ended March 31, 2024 results: revenue $20,863, net income $4,619, EPS $1.20 per diluted share.
“per Diluted Share Company-wide Financial Summary Quarter ended Mar 31, 2024 Mar 31, 2023 Selected Income Statement Data ($ 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 ($”
Governance Changes
WELLS FARGO & COMPANY/MN: Eliminated Certificate of Designations for Series R Preferred Stock from Restated Certificate of Incorporation (effective 2024-03-18).
“On March 18, 2024, Wells Fargo & Company (the “Company”) filed with the Delaware Secretary of State a Certificate Eliminating the Certificate of Designations with respect to the Company’s 6.625% Fixed-to-Floating Rate Non-Cumulative Perpetual Class A Preferred Stock, Series R (the “Series R Preferred”), which, effective upon filing, eliminated from the Company’s Restated Certificate of Incorporation all matters set forth in the Certificate of Designations for the Series R Preferred, filed with the Delaware Secretary of State on December 17, 2013.”
Governance Changes
WELLS FARGO & COMPANY/MN: On January 23, 2024, the Board of Directors approved and adopted amended By-Laws effective February 1, 2024, to clarify and reduce the scope of certain defined terms and other provisions relating to stockholder notices of director nominations, and to designate exclusive forum provisions for certain (effective 2024-02-01).
“On January 23, 2024, the Board of Directors (the “ Board ”) of Wells Fargo & Company (the “ Company ”) approved and adopted the Company’s By-Laws (as amended and restated, the “ By-Laws ”), effective February 1, 2024, to clarify and reduce the scope of certain defined terms and other provisions relating to stockholder notices of director nominations and to designate (i) the Court of Chancery of the State of Delaware, or if such court does not have jurisdiction, another state court or a federal court located within the State of Delaware, as the sole and exclusive forum for bringing certain legal actions against the Company, and (ii) the federal district courts of the United States as the sole and exclusive forum for any complaint asserting a cause of action arising under the Securities Act of 1933 or any rule or regulation promulgated thereunder, in each case unless the Corporation consents in writing to the selection of an alternative forum.”
Mary T. Mack changed role as CEO of Consumer & Small Business Banking at WELLS FARGO & COMPANY/MN.
“Mary T. Mack ceased serving as CEO of Consumer & Small Business Banking, effective May 15, 2023.”
Earnings Releases
WELLS FARGO & COMPANY/MN reported the quarter ended September 30, 2023 results: revenue $20,857, net income $5,767, EPS $1.48.
“per Diluted Share Company-wide Financial Summary Quarter ended Sep 30, 2023 Sep 30, 2022 Selected Income Statement Data ($ in millions except per share amounts) Total revenue $ 20,857 19,566 Noninterest expense 13,113 14,306 Provision for credit losses 1 1,197 784 Net income 5,767 3,592 Diluted earnings per common share 1.48 0.86 Selected Balance Sheet Data ($”
Governance Changes
WELLS FARGO & COMPANY/MN: Certificate Eliminating the Certificate of Designations for the Series Q Preferred was filed, removing all matters set forth in that Certificate of Designations from the Restated Certificate of Incorporation (effective 2023-09-18).
“On September 18, 2023, Wells Fargo & Company (the “Company”) filed with the Delaware Secretary of State a Certificate Eliminating the Certificate of Designations with respect to the Company’s 5.85% Fixed-to-Floating Rate Non-Cumulative Perpetual Class A Preferred Stock, Series Q (the “Series Q Preferred”), which, effective upon filing, eliminated from the Company’s Restated Certificate of Incorporation all matters set forth in the Certificate of Designations for the Series Q Preferred, filed with the Delaware Secretary of State on July 19, 2013.”
Governance Changes
WELLS FARGO & COMPANY/MN: Designated a new series of Preferred Stock as '7.625% Fixed Rate Reset Non-Cumulative Perpetual Class A Preferred Stock, Series EE', authorized 69,000 shares, with a liquidation preference of $25,000 per share (effective 2023-07-20).
“On July 20, 2023, the Company filed with the Delaware Secretary of State a Certificate of Designation which, effective upon filing, designated a series of such Preferred Stock as "7.625% Fixed Rate Reset Non-Cumulative Perpetual Class A Preferred Stock, Series EE," authorized 69,000 shares of Non-Cumulative Perpetual Class A Preferred Stock, Series EE, without par value and with a liquidation preference amount of $25,000 per share (referred to herein as the "Series EE Preferred Stock"), and set forth the voting powers, preferences and relative, participating, optional or other special rights, and qualifications, limitations or restrictions thereof, of the Series EE Preferred Stock which are not fixed by the Company's Restated Certificate of Incorporation.”
Earnings Releases
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.
“We reported solid results in the second quarter, with net income of $4.9 billion and revenue of $20.5 billion.”
Governance Changes
WELLS FARGO & COMPANY/MN: Amended and restated By-Laws with changes to stockholder proposals, director nominations, meeting procedures, and other provisions (effective 2023-07-01).
“On June 27, 2023, the Board of Directors (the “ Board ”) of Wells Fargo & Company (the “ Company ”) approved and adopted the Company’s By-Laws (as amended and restated, the “ By-Laws ”), effective July 1, 2023.”
Governance Changes
WELLS FARGO & COMPANY/MN: Amended and restated Code of Ethics and Business Conduct, renamed to Code of Conduct, effective April 28, 2023 (effective 2023-04-28).
“On April 25, 2023, the Board of Directors (the “Board”) of Wells Fargo & Company (the “Company”) approved the amendment and restatement of the Company’s Code of Ethics and Business Conduct, to be effective April 28, 2023, including a change in the name to the Code of Conduct (as amended and restated, the “Code”).”
Shareholder Votes
WELLS FARGO & COMPANY/MN shareholders rejected Shareholder Proposal – Policy on Freedom of Association and Collective Bargaining at the 2023-04-25 meeting.
“Shareholder Proposal – Policy on Freedom of Association and Collective Bargaining FOR % 2 AGAINST ABSTENTIONS BROKER NON-VOTES 997,300,155 34.07% 1,800,697,211 129,218,026 349,412,800”
Shareholder Votes
WELLS FARGO & COMPANY/MN shareholders approved Shareholder Proposal – Annual Report on Prevention of Workplace Harassment and Discrimination at the 2023-04-25 meeting.
“Shareholder Proposal – Annual Report on Prevention of Workplace Harrassment and Discrimination FOR % 2 AGAINST ABSTENTIONS BROKER NON-VOTES 1,530,134,599 52.27% 1,250,639,775 146,441,018 349,412,800”
Shareholder Votes
WELLS FARGO & COMPANY/MN shareholders rejected Shareholder Proposal – Fossil Fuel Lending Policy at the 2023-04-25 meeting.
“Shareholder Proposal – Fossil Fuel Lending Policy FOR % 2 AGAINST ABSTENTIONS BROKER NON-VOTES 248,827,799 8.50% 2,629,078,280 49,309,312 349,412,800”
Shareholder Votes
WELLS FARGO & COMPANY/MN shareholders rejected Shareholder Proposal – Climate Transition Report at the 2023-04-25 meeting.
“Shareholder Proposal – Climate Transition Report FOR % 2 AGAINST ABSTENTIONS BROKER NON-VOTES 901,414,723 30.79% 1,997,595,188 28,205,480 349,412,800”
Shareholder Votes
WELLS FARGO & COMPANY/MN shareholders rejected Shareholder Proposal – Climate Lobbying Report at the 2023-04-25 meeting.
“Shareholder Proposal – Climate Lobbying Report FOR % 2 AGAINST ABSTENTIONS BROKER NON-VOTES 937,616,378 32.03% 1,961,705,583 27,893,430 349,412,800”
Shareholder Votes
WELLS FARGO & COMPANY/MN shareholders rejected Shareholder Proposal – Report on Congruency of Political Spending at the 2023-04-25 meeting.
“Shareholder Proposal – Report on Congruency of Political Spending FOR % 2 AGAINST ABSTENTIONS BROKER NON-VOTES 826,936,722 28.25% 2,072,243,068 28,035,601 349,412,800”
Shareholder Votes
WELLS FARGO & COMPANY/MN shareholders approved Shareholder Proposal – Adopt Simple Majority Vote at the 2023-04-25 meeting.
“Shareholder Proposal – Adopt Simple Majority Vote FOR % 2 AGAINST ABSTENTIONS BROKER NON-VOTES 1,463,638,799 50.00% 1,445,330,742 18,245,850 349,412,800”
Shareholder Votes
WELLS FARGO & COMPANY/MN shareholders approved Ratify the Appointment of KPMG LLP as the Company’s Independent Registered Public Accounting Firm for 2023 at the 2023-04-25 meeting.
“Ratify the Appointment of KPMG LLP as the Company’s Independent Registered Public Accounting Firm for 2023 FOR % 2 AGAINST ABSTENTIONS BROKER NON-VOTES 3,079,955,440 94.00% 184,922,050 11,750,700 —”
Shareholder Votes
WELLS FARGO & COMPANY/MN shareholders approved Advisory Resolution on the Frequency of Future Advisory Votes to Approve Executive Compensation (Say on Frequency) at the 2023-04-25 meeting.
“Advisory Resolution on the Frequency of Future Advisory Votes to Approve Executive Compensation (Say on Frequency) EVERY YEAR % 2 EVERY 2 YEARS EVERY 3 YEARS ABSTENTIONS BROKER NON-VOTES 2,864,227,865 97.85% 10,016,323 42,526,020 10,445,184 349,412,800”
Shareholder Votes
WELLS FARGO & COMPANY/MN shareholders approved Advisory Resolution to Approve Executive Compensation (Say on Pay) at the 2023-04-25 meeting.
“Advisory Resolution to Approve Executive Compensation (Say on Pay) FOR % 2 AGAINST ABSTENTIONS BROKER NON-VOTES 2,694,651,626 92.06% 212,420,469 20,143,296 349,412,800”
Shareholder Votes
WELLS FARGO & COMPANY/MN shareholders approved Election of Director Nominees at the 2023-04-25 meeting.
“Election of Director Nominees DIRECTOR FOR % 1 AGAINST ABSTENTIONS BROKER NON-VOTES Steven D. Black 2,697,825,515 92.70% 212,601,589 16,788,287 349,412,800 Mark A. Chancy 2,843,135,462 97.70% 67,014,632 17,065,297 349,412,800 Celeste A. Clark 2,801,298,452 96.20% 110,651,961 15,264,978 349,412,800 Theodore F. Craver, Jr. 2,826,780,375 97.14% 83,271,471 17,163,546 349,412,800 Richard K. Davis 2,857,392,824 98.19% 52,813,906 17,008,661 349,412,800 Wayne M. Hewett 2,682,396,938 92.17% 227,872,474 16,945,979 349,412,800 CeCelia (“CeCe”) G. Morken 2,837,934,315 97.49% 73,213,616 16,067,460 349,412,800 Maria R. Morris 2,829,183,759 97.16% 82,608,747 15,422,885 349,412,800 Felicia F. Norwood 2,836,074,370 97.41% 75,362,401 15,778,620 349,412,800 Richard B. Payne, Jr. 2,826,858,215 97.14% 83,245,718 17,111,458 349,412,800 Ronald L. Sargent 2,791,796,084 95.94% 118,201,961 17,217,346 349,412,800 Charles W. Scharf 2,839,466,803 97.54% 71,736,049 16,012,539 349,412,800 Suzanne M. Vautrinot 2,814,”
Earnings Releases
WELLS FARGO & COMPANY/MN reported the quarter ended March 31, 2023 results: revenue $ 20,729, net income $5.0 billion, EPS $1.23 per Diluted Share.
“per Diluted Share Company-wide Financial Summary Quarter ended Mar 31, 2023 Mar 31, 2022 Selected Income Statement Data ($ 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”
Mary T. Mack departed as other at WELLS FARGO & COMPANY/MN.
“On April 13, 2023, Wells Fargo & Company (the “Company”) announced that effective May 15, 2023, Saul Van Beurden will become CEO of Consumer & Small Business Banking, succeeding Mary T. Mack, who is retiring.”
Saul Van Beurden was appointed as CEO of Consumer & Small Business Banking at WELLS FARGO & COMPANY/MN.
“On April 13, 2023, Wells Fargo & Company (the “Company”) announced that effective May 15, 2023, Saul Van Beurden will become CEO of Consumer & Small Business Banking, succeeding Mary T. Mack, who is retiring.”
Juan A. Pujadas departed as Director at WELLS FARGO & COMPANY/MN.
“On February 22, 2023, Juan A. Pujadas, a member of the Board of Directors of Wells Fargo & Company (the “Company”), informed the Company that he will not stand for re-election and will retire as a director at the Company’s 2023 annual meeting of shareholders, which is scheduled to be held on April 25, 2023.”
Earnings Releases
WELLS FARGO & COMPANY/MN reported quarter ended December 31, 2022 results: revenue $19,660, net income 2,864, EPS 0.67.
“remediation matters Company-wide Financial Summary Quarter ended Dec 31, 2022 Dec 31, 2021 Selected Income Statement Data ($ in millions except per share amounts) Total revenue $ 19,660 20,856 Noninterest expense 16,202 13,198 Provision for credit losses 957 (452) Net income 2,864 5,750 Diluted earnings per common share 0.67 1.38 Selected Balance Sheet Data ($ in”
Steven D. Black was elected as Chairman of the Board at WELLS FARGO & COMPANY/MN.
“the Board elected director Steven D. Black, an independent director under the New York Stock Exchange’s corporate governance listing standards and the Company’s Corporate Governance Guidelines, to succeed Mr. Noski as Chairman, effective immediately.”
Charles H. Noski departed as Chairman of the Board and Director at WELLS FARGO & COMPANY/MN.
“On August 9, 2021, Charles H. Noski, a member of the Board of Directors (the “Board”) of Wells Fargo & Company (the “Company”), informed the Company of his decision to retire as Chairman of the Board and as a director of the Company.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.