Wells Fargo Announces New Series of Preferred Stock and Sale of Depositary Shares

Details

The sale was part of a Registration Statement on Form S-3, as amended, filed with the Securities and Exchange Commission. The transaction was underwritten by Wells Fargo Securities, LLC, and the depositary shares were held by Computershare Trust Company, N.A. and Computershare Inc.

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About Wells Fargo & Co.

Wells Fargo & Co. is a diversified financial services company providing a wide array of banking, investment, mortgage, and consumer and commercial finance services. Operating predominantly in the United States, Wells Fargo plays a crucial role in the financial market by offering retail and commercial banking, which includes savings accounts, credit and loans, and payment solutions. Known for its strong retail banking presence, Wells Fargo also extends its reach through wealth and investment management services, enabling clients to gain tailored financial advice and asset management. Beyond core banking operations, Wells Fargo’s influence spans several sectors, notably real estate and consumer finance, contributing significantly to economic development and customer liquidity accessibility. The bank's commitment to providing financial education and resources aims to empower communities and foster economic resilience. As a major player in the financial industry, Wells Fargo maintains a key position in both national and global banking landscapes, facilitating critical financial transactions and services that support a wide range of client needs.