Every 424B that Wells Fargo & Co. (WFC) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow WFC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full WFC filings page.
Wells Fargo Finance LLC is offering callable, equity index-linked notes with a $1,000 face amount per security, fully and unconditionally guaranteed by Wells Fargo & Company (WFC), due October 10, 2030. Returns depend on the lowest-performing of the Nasdaq-100, Russell 2000 and EURO STOXX 50 indexes. The contingent coupon rate, set on the pricing date, is at least 13.10% per annum, but a quarterly coupon is payable only if the lowest-performing index is at or above 70% of its starting value on every eligible trading day in that period; one below-threshold day cancels that period’s coupon.
If not redeemed, the maturity payment is $1,000 only if the lowest-performing index closes at or above 60% of its starting value on the final calculation day. Below 60%, payment is $1,000 multiplied by that index’s performance factor, exposing principal to its full decline and potentially total loss. Wells Fargo Finance LLC may redeem all, but not part, on quarterly dates beginning approximately six months after issuance, paying face amount plus a final coupon if payable. The original price is $1,000 per security; proceeds to Wells Fargo Finance LLC are $997.25 after the $2.75 agent discount. Current estimated value is approximately $979.60 per security, with a pricing-date floor of $949.60. The notes are unlisted, and there is no assurance a secondary market will develop.
Wells Fargo & Company guarantees Wells Fargo Finance LLC’s preliminary offering of market-linked notes with a $1,000 face amount per security. Returns depend on the lowest-performing of the Dow Jones Industrial Average, Russell 2000 Index and S&P 500. The contingent coupon rate will be set on the pricing date at no less than 9.70% per annum; monthly coupons are paid only when the lowest index closes at or above 70% of its starting value.
On monthly calculation days from April 2027 through September 2031, the notes are automatically called if the lowest index is at or above its starting value, paying the face amount plus a final coupon. If not called, maturity on October 9, 2031 repays $1,000 only if the weakest index is at least 70% of its starting value; below that, principal bears the index’s full decline from its starting value and may be lost entirely. Better-performing indexes do not offset the weakest one, and the notes do not participate in index appreciation or dividends.
The original offering price is $1,000 per security; Wells Fargo Finance LLC receives $994.00 and the agent discount is capped at $6.00 per security. Estimated value is currently approximately $978.00 and will be at least $948.00 on the pricing date. The notes are unsecured obligations of Wells Fargo Finance LLC, fully and unconditionally guaranteed by Wells Fargo & Company; they are unlisted, with no assurance of a secondary market.
Wells Fargo & Company (WFC), as guarantor, fully and unconditionally guarantees Wells Fargo Finance LLC’s equity-index-linked notes, with a total original offering price of $1,666,000.00. Each security has a $1,000 face amount and an estimated value of $951.48 per security as of the pricing date; total proceeds to Wells Fargo Finance LLC are $1,635,595.50.
Quarterly coupons at an 8.30% annual rate are payable only if the lowest-performing of the Russell 2000, S&P 500 and EURO STOXX 50 indexes is at least 70% of its starting value on the calculation day. The notes may be automatically called from March 2027 through June 2030 if that index reaches its starting value.
If not called, the stated maturity date is October 3, 2030, subject to postponement. The principal payment is $1,000 if the lowest-performing index is at least 70% of its starting value on the final calculation day; below that threshold, repayment falls with the index, and losses may exceed 30% or reach the entire face amount. The notes will not be exchange-listed, and a secondary market is not assured.
Wells Fargo Finance LLC is offering $2,585,000.00 in equity-index-linked notes, fully and unconditionally guaranteed by Wells Fargo & Company (WFC). Total proceeds to Wells Fargo Finance LLC are $2,568,197.50, and the total agent discount is $16,802.50. Each note has a $1,000 face amount and is linked to the lowest-performing of the Nasdaq-100, Russell 2000 and S&P 500 indexes. The estimated value is $979.51 per security, below the $1,000.00 original offering price.
The notes pay a 10.10% annual contingent coupon quarterly only if the weakest index closes at or above 65% of its starting value; otherwise, that quarter’s coupon is not paid. Wells Fargo Finance LLC may redeem the notes on quarterly payment dates beginning approximately six months after the October 5, 2026 issue date. If not redeemed, the notes mature October 3, 2031: holders receive the $1,000 face amount only if the weakest index ends at or above 60% of its starting value. Below that level, principal is exposed to the index’s decline from its starting value, potentially to zero. Holders do not participate in index appreciation, and the notes are not exchange-listed.
Wells Fargo Finance LLC is offering notes with an aggregate original offering price of $5,244,000, fully and unconditionally guaranteed by Wells Fargo & Company (WFC). Each security has a $1,000 face amount, and Wells Fargo Finance LLC receives $5,148,297 in total proceeds. The notes are linked to the lowest-performing of XLE, XLK and XLV.
A 13.55% annual contingent coupon is paid quarterly only if the lowest-performing ETF closes at or above 75% of its starting value. If, on a quarterly calculation day scheduled from March 2027 through June 2029, that ETF is at or above its starting value, the notes are automatically called for the face amount plus a final coupon. If not called, the October 4, 2029 maturity payment is $1,000 if the lowest-performing ETF is at or above 70% of its starting value; below 70%, repayment tracks its performance from its starting value and could be zero. The estimated value was $954.82 per security as of the pricing date, compared with the $1,000 original offering price. The notes are unlisted, and payments are subject to issuer and guarantor credit risk.
Wells Fargo Finance LLC offered securities with a total original offering price of $5,838,000, fully and unconditionally guaranteed by Wells Fargo & Company (WFC). The estimated value was $962.67 per security, below the $1,000 original offering price. Proceeds to Wells Fargo Finance LLC were $5,731,456.50 after a total agent discount of $106,543.50.
Each security is linked to the lowest-performing of the Nasdaq-100, Russell 2000 and S&P 500 indexes. A 9.00% per annum contingent coupon is payable quarterly if, and only if, the lowest-performing index closes at or above 70% of its starting value. A qualifying quarterly observation from March 2027 through June 2030 triggers an automatic call for the $1,000 face amount plus a final contingent coupon. If not called, the security returns $1,000 at maturity only if the lowest-performing index is at or above 70% of its starting value; below that threshold, principal declines with the index and may be lost entirely. Holders do not participate in index gains or dividends, and the securities are unlisted.
WELLS FARGO & COMPANY/MN (symbol: WFC) is the issuer of record for a Form 424B2 filing submitted to the SEC.
Wells Fargo Finance LLC is offering notes linked to Eaton Corporation plc ordinary shares, fully and unconditionally guaranteed by Wells Fargo & Company (WFC). Each has a $1,000 face amount and standard offering price; fee-based advisory accounts pay $975. The pricing table lists proceeds to Wells Fargo Finance LLC of $975 per security and an agent discount of up to $25.
The contingent coupon rate, set on the pricing date, will be at least 10.00% per annum, paid quarterly only when Eaton’s closing value is at least 60% of its starting value; later qualifying quarters can restore unpaid coupons without interest. A closing value at or above the starting value on a quarterly calculation day from April 2027 through July 2029 automatically calls the notes for face amount plus due coupons.
If not called, the maturity principal payment on October 18, 2029 is $1,000 per security if Eaton finishes at or above 60% of its starting value; below that threshold, principal falls with Eaton’s decline from its starting value and losses can exceed 40% or reach all principal. Holders receive no Eaton appreciation or dividends, and the notes are unlisted. Estimated value is approximately $954.50 per security; the pricing-date estimate will be at least $924.50.
Wells Fargo & Company (WFC) fully and unconditionally guarantees auto-callable notes issued by Wells Fargo Finance LLC, linked to Accenture plc Class A ordinary shares and due October 16, 2030. Each security has a $1,000 face amount and pays a fixed quarterly coupon at a rate set on the pricing date of at least 10.30% per annum. Beginning in October 2027, the notes are automatically called on a quarterly call date if Accenture’s closing value is at least its starting value, paying the face amount plus a final coupon. If not called, maturity repayment is $1,000 if Accenture ends at or above 50% of its starting value; below that threshold, repayment is $1,000 multiplied by the ending-to-starting-value ratio, allowing a loss of more than half and potentially all principal. Holders receive no dividends or share-price appreciation.
The estimated value is approximately $973.80 per security, with the pricing-date estimate no less than $943.80. The standard offering price is $1,000 per security ($969 in fee-based advisory accounts), and Wells Fargo Finance LLC’s proceeds are $969 per security under the standard pricing terms. The notes are unlisted, and a secondary market is not assured; payments depend on the credit of the issuer and WFC as guarantor.
Wells Fargo Finance LLC is offering notes with an aggregate original offering price of $50,321,050.00, fully and unconditionally guaranteed by Wells Fargo & Company (WFC) and linked to the least-performing of the Russell 2000, S&P 500 and EURO STOXX 50 indexes. Each $10.00 note pays a $0.2888 quarterly contingent coupon, at an annual rate of 11.55%, only if all three indexes meet their 70% coupon barriers on every eligible trading day in the observation period. Wells Fargo Finance LLC may redeem all the notes on quarterly dates beginning in April 2027.
If the notes are not redeemed, they mature on July 3, 2030. Principal is repaid if all three indexes finish at or above 60% of their initial values; if any finishes below that threshold, the loss reflects the negative return of the Least Performing Underlier, and investors could lose some or all of their principal. The estimated value was $9.76 per note, compared with the $10.00 original offering price. Wells Fargo Finance LLC receives $49,817,839.50 in proceeds after the $503,210.50 agent discount. The notes are not exchange-listed, and payments depend on the creditworthiness of the issuer and guarantor.
Wells Fargo & Company's subsidiary Wells Fargo Finance LLC has set preliminary terms for $1,000-face-amount, auto-callable notes linked to the lowest-performing of the iShares MSCI EAFE ETF, Russell 2000 Index and S&P 500 Index; Wells Fargo & Company fully and unconditionally guarantees the notes. The contingent coupon rate will be set on the pricing date and be at least 10.00% per annum, paid quarterly only when the lowest-performing underlier closes at or above 70% of its starting value.
On quarterly calculation days scheduled from April 2027 through July 2031, inclusive, a lowest-performing underlier at or above its starting value triggers automatic redemption for face amount plus a final contingent coupon. If not called, maturity is October 10, 2031. If the weakest underlier finishes below 70% of its starting value, principal repayment tracks its performance factor, and losses can exceed 30% or reach all principal. Holders receive no underlier appreciation or dividends. The estimated value is approximately $974.30 per security; the pricing-date estimate will be no less than $944.30 per security. The notes are not exchange-listed, and payments carry issuer and guarantor credit risk.
WELLS FARGO & COMPANY/MN (symbol: WFC) is the issuer of record for a Form 424B2 filing submitted to the SEC.
Wells Fargo & Company (WFC) fully and unconditionally guarantees Wells Fargo Finance LLC notes with a total original offering price of $4,265,000.00. The $1,000.00-denomination securities are linked to the lowest-performing of the Nasdaq-100, Russell 2000 and S&P 500 indexes. They offer monthly contingent coupons at 10.75% per annum only when the weakest index closes at or above 70% of its starting value; otherwise, no coupon is paid for that month.
Wells Fargo Finance LLC may redeem the notes in whole on monthly dates beginning approximately six months after the October 2, 2026 issue date. If not redeemed, at the October 2, 2031 maturity holders receive the $1,000.00 face amount per security only if the weakest index ends at or above 60% of its starting value. Below that threshold, principal falls with the index and losses can exceed 40%, potentially reaching all principal. Wells Fargo Finance LLC receives $4,239,410.00 in proceeds. The estimated value was $978.65 per security versus the $1,000.00 offering price; the notes are unlisted, and a secondary market is not assured.
Wells Fargo & Company (WFC) guarantees market-linked notes offered by Wells Fargo Finance LLC at an aggregate original offering price of $1,735,000. Wells Fargo Finance LLC receives $1,708,975 after a $26,025 agent discount. Each security has a $1,000 face amount and is linked to the State Street SPDR S&P Homebuilders ETF (XHB). XHB’s starting value is $96.97; the coupon and downside thresholds are both 70% of that value, or $67.879.
The notes offer a 9.50% annual contingent coupon, payable quarterly only when XHB closes at or above $67.879. A close at or above $96.97 on a quarterly calculation day from March 2027 through June 2029 triggers an automatic call for the face amount plus any final contingent coupon. If not called, the maturity payment is $1,000 only if XHB’s final value is at least $67.879; below that, principal declines with XHB from its starting value and could be lost entirely. Holders receive no XHB upside or dividends. The estimated value is $961.73 per security versus the $1,000 offering price, and the notes are unlisted.
Wells Fargo Finance LLC is offering preliminary terms for callable market-linked notes with a $1,000 face amount per security; Wells Fargo & Company (WFC) fully and unconditionally guarantees them. The notes are linked to the lowest-performing of the Nasdaq-100, Russell 2000 and S&P 500 indexes. A monthly coupon is payable only when the lowest-performing index closes at or above 65% of its starting value; the coupon rate, to be set on the pricing date, is at least 10.40% per annum. Wells Fargo Finance LLC may redeem all, but not part, on coupon dates beginning approximately six months after issuance.
If not redeemed, the notes repay $1,000 at maturity only if the lowest performer is at or above its 65% downside threshold on the final calculation day. Below that threshold, repayment equals $1,000 multiplied by the index's performance factor, leaving investors exposed to declines from its starting value and possible loss of all principal; index gains and dividends are excluded. The preliminary estimated value is approximately $980.70 per security, with a pricing-date floor of $950.70. The $1,000 offering price includes a $5.00 agent discount, leaving $995.00 in proceeds to Wells Fargo Finance LLC per security. The notes are unlisted, and no secondary market is assured.
Wells Fargo & Company (WFC) guarantees preliminary market-linked notes offered by its subsidiary Wells Fargo Finance LLC, with a $1,000 face amount per security. The notes are linked to the lowest-performing of the Nasdaq-100, Russell 2000 and S&P 500 indexes. They may pay semiannual coupons at a rate set on the pricing date of at least 8.75% per annum, but only when the lowest-performing index closes at or above 70% of its starting value on the calculation day. The original offering price is $1,000 per security; proceeds to Wells Fargo Finance LLC are $970 per security, and the agent discount will not be more than $30 per security.
Wells Fargo Finance LLC may redeem the notes on scheduled coupon payment dates beginning approximately two years after issuance. If the notes remain outstanding at maturity, holders receive $1,000 per security only if the lowest-performing index is at or above 65% of its starting value on the final calculation day; below that threshold, repayment follows that index’s performance factor, and losses can exceed 35% or reach the full principal. The notes provide no participation in index appreciation or dividends. The current estimated value is approximately $945.91 per security, and the estimated value on the pricing date will not be less than $915.91. Payments are subject to the credit risk of Wells Fargo Finance LLC and its guarantor, WFC.
Wells Fargo Finance LLC is offering market-linked securities with a $1,000 face amount per security, fully and unconditionally guaranteed by Wells Fargo & Company (WFC), tied to the lowest-performing of the Nasdaq-100, Russell 2000 and S&P 500 indexes. The $1,000 offering price yields $997.25 per security to Wells Fargo Finance LLC after a $2.75 agent discount. The preliminary estimated value is approximately $981 per security; the pricing-date estimate will be at least $951 per security.
The coupon rate will be set on the pricing date at at least 12.40% per annum, payable quarterly only if the lowest-performing index stays at or above 70% of its starting value on every eligible trading day in each observation period. Wells Fargo Finance LLC may redeem the securities quarterly beginning approximately six months after issuance. If not redeemed, they are scheduled to mature October 10, 2030, subject to postponement. Principal is $1,000 if the final lowest-performing index is at least 60% of its starting value; below that threshold, payment equals $1,000 multiplied by its final performance factor, exposing holders to losses exceeding 40% and potentially all principal. Holders receive no index appreciation or dividends; payments are subject to issuer and guarantor credit risk, and the securities are unlisted.
Wells Fargo & Company (WFC) fully and unconditionally guarantees a preliminary offering by its finance subsidiary, Wells Fargo Finance LLC, of Nasdaq-100-linked notes at an original offering price and face amount of $1,000 per security, scheduled to mature November 1, 2030. The notes may be automatically called if the index closes at or above its starting value on a call date; call dates may be postponed. Minimum premiums are at least 9.70% on November 3, 2027, 19.40% on November 3, 2028, 29.10% on November 5, 2029, and 38.80% on October 29, 2030; actual premiums are set on the pricing date.
If not called and the index ends at or above 90% of its starting value, the maturity payment is the $1,000 face amount. Below 90%, losses track declines beyond the 10% buffer and may reach 90% of face amount. The notes pay no interest or dividends, cap returns at the call premium, are unlisted, and carry credit risk.
The current estimated value is approximately $963.00 per security, and the estimated value on the pricing date will be at least $933.00 per security. The offering table lists a $20.75 agent discount and $979.25 in proceeds to Wells Fargo Finance LLC per security. The index methodology changed effective May 1, 2026; Wells Fargo says it cannot predict the effect on index performance.
Wells Fargo & Company (WFC) guarantees Wells Fargo Finance LLC’s preliminary offering of auto-callable notes with a $1,000 face amount per security, linked to the lowest-performing of the State Street Energy, Technology and Health Care Select Sector SPDR ETFs. A contingent coupon of at least 12.80% per annum is payable quarterly only when the weakest ETF closes at or above 75% of its starting value. The notes will be automatically called if that ETF closes at or above its starting value on a quarterly calculation day from April 2027 through July 2029, inclusive.
If not called, maturity is scheduled for November 2, 2029. The $1,000 face amount is payable at maturity if the weakest ETF is at or above 70% of its starting value; below that threshold, repayment tracks its performance factor and can be zero. The current estimated value is approximately $954.60 per security, with a pricing-date estimate no lower than $924.60. Wells Fargo Finance LLC receives $981.75 per security after an $18.25 agent discount. The notes are not exchange-listed.
Wells Fargo & Company (WFC) fully and unconditionally guarantees Wells Fargo Finance LLC’s preliminary offering of market-linked notes tied to the lowest-performing of the Nasdaq-100, Russell 2000 and EURO STOXX 50 indexes. Each security has a $1,000 face amount and original offering price; Wells Fargo Finance LLC receives $981.75 per security after the $18.25 agent discount.
The notes may pay quarterly contingent coupons at a rate set on the pricing date of at least 10.50% per annum, only when the lowest-performing Underlier closes at or above 75% of its starting value. If it reaches its starting value on a quarterly calculation day from April 2027 through July 2030, inclusive, the notes are automatically called for face amount plus a final contingent coupon. If not called, at November 4, 2030 maturity the $1,000 face amount is paid only if the lowest-performing Underlier is at or above its 75% downside threshold; below it, principal follows that Underlier’s decline and could be lost entirely. Returns do not reflect index appreciation or dividends.
The current estimated value is approximately $957.90 per security; its pricing-date estimate will be no less than $927.90. The notes are not exchange-listed, and Wells Fargo Securities, LLC and its affiliates are not obligated to make a secondary market. Payments are also subject to the credit risk of Wells Fargo Finance LLC and its guarantor.
Wells Fargo Finance LLC’s preliminary pricing supplement describes $1,000-per-security notes, fully and unconditionally guaranteed by Wells Fargo & Company (WFC), linked to the lowest-performing of the Russell 2000, S&P 500 and EURO STOXX 50 indexes. The contingent coupon rate will be set on the pricing date and will be at least 8.45% per annum; quarterly coupons are paid only when the lowest-performing index closes at or above 70% of its starting value. If that index is at or above its starting value on an eligible quarterly calculation day from April 2027 through July 2030, the notes are automatically called for face amount plus any final coupon.
If no call occurs, the stated maturity date is November 4, 2030, subject to postponement. If the lowest-performing index ends below its 70% downside threshold, holders lose more than 30% and potentially all of the face amount. The notes do not participate in index appreciation or pay dividends, and payments are subject to the credit risk of Wells Fargo Finance LLC and its guarantor.
The current estimated value is approximately $957.60 per security; the pricing-date estimate will be at least $927.60, compared with the $1,000 offering price. The agent discount is $18.25 per security, with $981.75 in proceeds to Wells Fargo Finance LLC per security. The notes are not exchange-listed, and the agent is not required to make a market.
Wells Fargo & Company (WFC) fully and unconditionally guarantees market-linked notes issued by Wells Fargo Finance LLC, tied to the lowest-performing of the Nasdaq-100, Russell 2000 and S&P 500 indexes. Each security has a $1,000 face amount. A quarterly coupon is paid only if the lowest-performing index closes at or above 70% of its starting value; the annual rate will be set on the pricing date and is at least 8.65%. A close at or above the starting value on a quarterly calculation day from April 2027 through July 2030 triggers an automatic call for the face amount plus a final coupon.
If not called, the maturity payment on November 4, 2030 is $1,000 when the lowest-performing index ends at or above 70% of its starting value. Below that level, investors bear the index’s full decline from its starting value and could lose the entire investment. The notes do not participate in index appreciation or dividends. The current estimated value is approximately $960.10 per security, and the pricing-date estimate cannot be below $930.10, compared with a $1,000 offering price. The notes are not exchange-listed.
Wells Fargo & Company (WFC) guarantees notes issued by Wells Fargo Finance LLC, offered at $1,000 per security and linked to the S&P 500 Index. The notes pay no periodic interest and may be automatically called if the index closes at or above its starting value on a call date. Minimum call premiums are 8.00%, 16.00%, 24.00% and 32.00% on November 3, 2027, November 3, 2028, November 5, 2029 and October 29, 2030, respectively; actual premiums will be set on the pricing date.
If not called, maturity repayment is $1,000 when the ending index value is no more than 7.50% below its starting value; a larger decline creates 1-to-1 downside beyond the buffer, with a stated maximum loss of 92.50% of face amount. The current estimated value is approximately $964.60 per security, with a pricing-date estimate of at least $934.60. Wells Fargo Finance LLC receives $979.25 per security after the $20.75 agent discount. All payments are subject to credit risk; the notes are not exchange-listed, and affiliates are not obligated to make a market.
WELLS FARGO & COMPANY/MN (symbol: WFC) is the issuer of record for a Form 424B2 filing submitted to the SEC.
WELLS FARGO & COMPANY/MN (symbol: WFC) is the issuer of record for a Form 424B2 filing submitted to the SEC.
WELLS FARGO & COMPANY/MN (symbol: WFC) is the issuer of record for a Form 424B2 filing submitted to the SEC.
Wells Fargo & Company (WFC) guarantees Wells Fargo Finance LLC’s preliminary offering of auto-callable securities linked to the lowest-performing of Amazon.com, Alphabet Class A and NVIDIA shares. Each security has a $1,000 face amount and original offering price; Wells Fargo Finance LLC receives $981.75 per security after an $18.25 agent discount. The contingent coupon rate, set on the pricing date, will be at least 11.60% per annum. Quarterly coupons are payable only when the lowest-performing stock closes at or above 50% of its starting value; missed coupons can be paid later if the threshold is met, without interest.
On a quarterly calculation day scheduled from April 2027 to July 2029, inclusive, a close at or above the lowest-performing stock’s starting value automatically calls the securities for face amount plus applicable coupons. If not called, the maturity payment is $1,000 when that stock is at least 50% of its starting value; below 50%, payment falls with its performance factor, potentially eliminating all principal. Investors receive no stock dividends or upside participation. The current estimated value is approximately $954.20 per security, and the pricing-date estimated value will be no less than $924.20. The securities are unlisted, and there is no assurance a secondary market will develop.
Wells Fargo Finance LLC is making a preliminary offering of unsecured, $10-per-Note Trigger Callable Contingent Yield Notes linked to the least-performing of the Russell 2000, S&P 500 and EURO STOXX 50; Wells Fargo & Company (WFC) fully and unconditionally guarantees them. The annual contingent coupon is at least 11.55%, set on the Trade Date, and pays quarterly at $0.2888 or more per Note only if all three indices are at or above 70% of their initial levels on every eligible trading day in the period. The minimum investment is $1,000 (100 Notes).
The issuer may redeem all, but not part, of the Notes on quarterly dates beginning approximately six months after settlement. At the scheduled maturity on July 3, 2030, the $10 principal is repaid if each index finishes at or above 60% of its initial level; if any finishes below that threshold, principal loss follows the weakest index’s negative return and may reach the full principal. Coupon payments can be missed, and holders receive no index appreciation or dividends.
The estimated value is approximately $9.77 per Note versus the $10 offering price, with a Trade Date minimum estimated value of $9.47. Wells Fargo Finance LLC receives $9.90 per Note after a $0.10 agent discount. The Notes will not be listed on an exchange, and a secondary market is not assured.
Wells Fargo Finance LLC has outlined preliminary terms for market-linked notes with a $1,000 face amount and original offering price per security, fully and unconditionally guaranteed by Wells Fargo & Company (WFC). Payments depend on the lowest-performing of Amazon.com, Alphabet and Meta Platforms, not a basket of all three stocks.
Quarterly coupons are paid only if the lowest performer closes at or above 70% of its starting value; a later qualifying day can restore unpaid coupons without interest. The rate, set on the pricing date, will be at least 19.20% per annum. A close at or above starting value on a quarterly calculation day from April 2027 through July 2029 triggers automatic call at face amount plus final and unpaid coupons.
If not called, maturity is October 18, 2029: the $1,000 face amount is repaid only if the lowest performer is at or above 70% of its starting value; below that, repayment reflects that stock’s decline from its starting value, with losses exceeding 30% and potentially all principal. Wells Fargo Finance LLC receives $981.75 per security after the $18.25 agent discount. The current estimated value is approximately $953.60 per security, and the pricing-date estimate will be no less than $923.60. The notes are not exchange-listed.
WELLS FARGO & COMPANY/MN (symbol: WFC) is the issuer of record for a Form 424B2 filing submitted to the SEC.
Wells Fargo & Company (WFC) guarantees Wells Fargo Finance LLC’s preliminary offering of callable market-linked notes at $1,000 per security; Wells Fargo Finance LLC is the issuer. The notes are linked to the lower-performing of the Nasdaq-100 and S&P 500 indexes. They pay a contingent coupon semiannually at a rate set on the pricing date of at least 10.05% per annum only when the lower-performing index is at or above 70% of its starting value on a calculation day. Wells Fargo Finance LLC may redeem the notes on scheduled coupon dates beginning approximately one year after issuance.
If not redeemed, the maturity payment on October 7, 2031, subject to postponement, depends on the lower-performing index’s final value: at or above 70% of its starting value, holders receive the $1,000 face amount; below 70%, repayment falls with the index and may be zero. Holders do not participate in index appreciation or receive dividends. The current estimated value is approximately $971.60 per security, and the pricing-date estimate will be no less than $941.60. The notes are not exchange-listed, and payments are subject to issuer and guarantor credit risk.
Wells Fargo & Company (WFC) guarantees a $511,000.00 original offering by Wells Fargo Finance LLC of callable equity-index-linked securities due October 3, 2029. Each security has a $1,000 face amount; Wells Fargo Finance LLC receives $508,956.00 of the offering proceeds, and Wells Fargo Securities, LLC receives a $2,044.00 agent discount. The estimated value on the pricing date is $972.10 per security, below the $1,000.00 offering price.
The securities offer an 11.20% annual contingent coupon, paid monthly only when the lowest-performing of the Nasdaq-100, Russell 2000 and EURO STOXX 50 closes at or above 70% of its starting value on a calculation day. Wells Fargo Finance LLC may redeem them quarterly beginning approximately three months after issuance. If not redeemed, maturity repayment is $1,000 per security only if the weakest index is at or above 70% of its starting value on the final calculation day; below that level, principal falls with that index from its starting value and could be lost entirely. The securities are unlisted, and no secondary market is assured.
Wells Fargo & Company (WFC) guarantees auto-callable notes preliminarily offered by Wells Fargo Finance LLC, with a $1,000 face amount per security. The notes are linked to the lower-performing of the MSCI Emerging Markets Index and the Global X U.S. Infrastructure Development ETF. If that underlier closes at or above 85% of its starting value on a call date, the notes are called for face amount plus a premium of at least 12% in 2027, 24% in 2028, 36% in 2029 or 48% in 2030; final premiums are set on the pricing date.
If not called, maturity payment is $1,000 when the lower-performing underlier ends below 85% but at or above 70% of its starting value. Below 70%, payment is calculated as $1,000 multiplied by that underlier’s performance factor, exposing holders to losses greater than 30% and potentially all principal. The notes pay no interest or dividends and are unlisted. Current estimated value is approximately $945.60 per security; the pricing-date estimate will be no less than $915.60. The offering table lists a $20 agent discount and $980 proceeds to Wells Fargo Finance LLC per security.
WELLS FARGO & COMPANY/MN (symbol: WFC) is the issuer of record for a Form 424B2 filing submitted to the SEC.
WELLS FARGO & COMPANY/MN (symbol: WFC) is the issuer of record for a Form 424B2 filing submitted to the SEC.
Wells Fargo & Company (WFC) guarantees $1,855,000 of market-linked notes issued by Wells Fargo Finance LLC and linked to Eaton Corporation plc ordinary shares. The original offering price is $1,000 per security; Wells Fargo Finance LLC receives $1,811,407.50 after a $43,592.50 agent discount.
Each note has a 10.65% per annum contingent coupon rate, paid quarterly only when Eaton’s closing value is at least the $258.846 coupon threshold. Missed coupons may be paid later if a subsequent closing meets the threshold. A closing value at or above the $431.41 starting value on a scheduled calculation day from March 2027 through June 2029 automatically calls the notes.
If not called, maturity is October 3, 2029. The $1,000 face amount is repaid only if Eaton’s final value is at least the $258.846 downside threshold; below it, repayment falls with Eaton’s performance and can be zero. Holders do not participate in Eaton’s appreciation or receive its dividends. The estimated value was $965.74 per security; the notes are unlisted, and payments are subject to issuer and guarantor credit risk.
WELLS FARGO & COMPANY/MN (symbol: WFC) is the issuer of record for a Form 424B2 filing submitted to the SEC.
WELLS FARGO & COMPANY/MN (symbol: WFC) is the issuer of record for a Form 424B2 filing submitted to the SEC.
Wells Fargo & Company (WFC) fully and unconditionally guarantees an offering of equity-index-linked notes issued by Wells Fargo Finance LLC, with an aggregate original offering price of $3,130,000 and a face amount of $1,000 per security. Wells Fargo Finance LLC receives $3,106,525 after the $23,475 agent discount. The notes mature September 30, 2031 and are linked to the lowest-performing of the Dow Jones Industrial Average, Russell 2000 Index and S&P 500 Index.
The notes pay a 9.45% per annum contingent coupon quarterly only when the lowest-performing index closes at or above 70% of its starting value on the calculation day. Wells Fargo Finance LLC may redeem all, but not part, on quarterly coupon payment dates beginning approximately six months after issuance. If the notes remain outstanding to maturity and the lowest index ends below 60% of its starting value, principal declines with that index from its starting value, with losses potentially reaching all of principal. The notes do not participate in index gains or pay index dividends.
The estimated value at pricing is $975.21 per security, compared with the $1,000 original offering price. The notes are not exchange-listed, and Wells Fargo Securities, LLC is not obligated to make a secondary market.
Wells Fargo & Company (WFC) fully and unconditionally guarantees Wells Fargo Finance LLC’s $900,000.00 aggregate original offering of $1,000-face-amount notes linked to the lowest-performing of the Nasdaq-100, Russell 2000 and S&P 500 indexes, due December 30, 2027. The notes pay a contingent coupon at 11.10% per annum monthly only when the weakest index closes at or above 70% of its starting value; otherwise that month’s coupon is skipped. The offering table lists $898,650.00 in proceeds to Wells Fargo Finance LLC and a $1,350.00 agent discount.
Wells Fargo Finance LLC may redeem all, but not part, on eligible monthly dates beginning approximately three months after issuance, paying face amount plus a final coupon if payable. If not redeemed, maturity repayment is $1,000 per note when the weakest index is at or above 70% on the final calculation day; below 70%, repayment reflects its full decline from starting value, and investors may lose all principal. The maturity payment itself cannot exceed face amount, and holders receive no index dividends. The notes are unlisted and no secondary market is assured. The current estimated value is $989.49 per security.
Wells Fargo Finance LLC priced $58,000,000 of fixed-rate callable notes, fully and unconditionally guaranteed by Wells Fargo & Company (WFC). The notes pay interest at 5.02% per annum and are due December 2, 2027. Each note has $1,000 principal and an original offering price of $1,000; unless redeemed early, the maturity payment is $1,000 plus accrued and unpaid interest.
Wells Fargo Finance LLC may redeem all, but not part, of the notes monthly from April 2, 2027, through November 2, 2027, for 100% of principal plus accrued and unpaid interest, with notice 5 to 30 days beforehand. Holders cannot require early repayment. The notes are unsecured and will not be exchange-listed; no secondary market is assured. The finance subsidiary has no independent operations and will have no independent assets available for distributions to holders in bankruptcy, resolution or similar proceedings. U.S. holders generally recognize original issue discount as income before receiving the related cash.
Wells Fargo & Company (WFC) fully and unconditionally guarantees Wells Fargo Finance LLC’s issuance of 4,667,411 Accelerated Return Notes linked to the Russell 2000 Index, each with a $10 principal amount. The notes mature November 26, 2027, and all payments are due at maturity and subject to the issuer’s and guarantor’s credit risk. The public offering price is listed as $10 per unit and $46,651,610.00 total; proceeds before expenses to Wells Fargo Finance LLC are $45,857,313.08.
If the Index rises from its Starting Value, the notes provide 300% participation, with gains capped at 18.92%. If the Index declines, the notes have one-to-one downside exposure, with up to 100% of principal at risk. The Ending Value is the average of five scheduled closing levels during the Maturity Valuation Period. The notes pay no periodic interest or dividends and are not exchange-listed; secondary-market liquidity may be limited. The initial estimated value was $9.72 per unit, below the $10 public offering price. Per-unit charges include a $0.175 underwriting discount and a $0.05 hedging-related charge.
Wells Fargo Finance LLC's preliminary offering of callable notes is fully and unconditionally guaranteed by Wells Fargo & Company (WFC). The notes have an original offering price of $1,000 per security and are linked to the lowest-performing of the Nasdaq-100, Russell 2000 and S&P 500. Monthly contingent coupons will be at least 10.75% per annum if the lowest-performing index closes at or above 70% of its starting value. Wells Fargo Finance LLC may redeem all, but not part, of the notes on monthly payment dates beginning approximately six months after issuance.
If the notes are not redeemed, investors receive $1,000 per security at maturity only if the lowest-performing index is at or above 60% of its starting value on the final calculation day. Below that threshold, repayment reflects the index's full decline from its starting value, and the loss can exceed 40% or reach all principal. The notes provide no participation in index appreciation or dividends and are not listed on an exchange. Wells Fargo Finance LLC receives $994 per security after the $6 agent discount. The current estimated value is approximately $983.20 per security, with a pricing-date estimate of at least $953.20.
Wells Fargo & Company (WFC) fully and unconditionally guarantees Wells Fargo Finance LLC’s offering of 1,964,150 units of accelerated return notes at $10 per unit, for a $19,641,500.00 public offering. Before expenses, Wells Fargo Finance LLC receives $19,297,773.75. The notes mature November 26, 2027, and all payments are due at maturity.
The return is linked to the State Street Energy Select Sector SPDR ETF (XLE): its starting value is $62.60, and the ending value is based on closing prices over five scheduled calculation days in November 2027. Increases receive 300% participation, capped at $12.835 per unit, a 28.35% return; decreases pass through one-for-one and can eliminate all principal. The notes pay no interest or ETF dividends. Their initial estimated value was $9.69 per unit, below the $10 offering price. They are unsecured, subject to issuer and guarantor credit risk, not exchange-listed, and may have limited secondary-market liquidity.
Wells Fargo & Company (WFC), as guarantor, backs $3,699,000 of equity-index-linked notes issued by Wells Fargo Finance LLC; the issuer receives $3,699,000 in proceeds. The original offering price is $1,000 per security, and the notes are linked to the S&P 500 Index through July 19, 2028, subject to postponement.
The initial index level was 7,704.13 on September 24, 2026; the determination date is July 17, 2028, subject to postponement. For each $1,000 security, a positive index return earns 140% participation, capped at a $1,254.52 maturity payment. A decline of up to 12.50% from the initial level preserves the $1,000 face amount; below 87.50% of the initial level, each further 1% decline reduces face amount by approximately 1.1429%, and investors could lose some or all principal. The notes pay no interest or index dividends. Their trade-date estimated value was $993.93 per security versus the $1,000 offering price. They are unsecured obligations subject to issuer and guarantor credit risk, are not exchange-listed, and Wells Fargo Securities, LLC is not required to make a market.
Wells Fargo & Company (WFC) fully and unconditionally guarantees 10,011,205 Accelerated Return Notes units issued by Wells Fargo Finance LLC, at a public offering price of $10.000 per unit and $100,112,050.00 in total. The issuer receives $98,360,089.13 before expenses. The initial estimated value as of September 24, 2026, the pricing date, was $9.71 per unit, below the offering price.
The notes mature November 26, 2027, and pay only at maturity. If the S&P 500 Index ending value exceeds its 7,704.13 starting value, the notes provide 300% upside participation, capped at $11.365 per unit, a 13.65% return; if the ending value is lower, the loss tracks the decline one-for-one, with up to 100% of principal at risk. The scheduled Ending Value dates are November 16, 17, 18, 19 and 22, 2027, subject to postponement for Market Disruption Events. The notes pay no periodic interest or dividends, and payments carry issuer and guarantor credit risk. They are not exchange-listed, and a trading market is not expected to develop. Fees include a $0.175-per-unit underwriting discount and a $0.05-per-unit hedging-related charge.
Wells Fargo & Company (WFC) fully and unconditionally guarantees 47,174 Accelerated Return Notes issued by Wells Fargo Finance LLC, each with a $10 principal amount and an aggregate public offering price of $471,740.00. Wells Fargo Finance LLC receives $463,484.55 before expenses; the underwriting discount is $0.175 per unit, plus a hedging-related charge of $0.05 per unit. The notes mature November 26, 2027, and pay no periodic interest or dividends.
At maturity, payment depends on the State Street SPDR EURO STOXX 50 ETF. If its Ending Value equals the $68.21 Starting Value, principal is returned; above that level, the notes provide 300% participation in the gain, capped at a 17.52% return, or $11.752 per unit. Below the Starting Value, principal declines one-for-one with the ETF’s decrease and can be lost entirely. The initial estimated value was $9.61 per unit, below the $10 public offering price. Payments are subject to issuer and guarantor credit risk; the notes are unsecured, unlisted, and a trading market is not expected to develop.
Wells Fargo & Company (WFC) fully and unconditionally guarantees $5,421,000 of digital securities issued by Wells Fargo Finance LLC, offered at $1,000 per security; Wells Fargo Finance LLC receives $5,421,000 in proceeds. The notes track the S&P 500 Index and mature June 28, 2028, subject to postponement. The determination date is June 26, 2028, also subject to postponement.
At maturity, each $1,000 security pays $1,163.20 if the final index level is at least 87.50% of its initial level, capping the return at 16.32%. If the index falls more than 12.50% from its initial level, the payment declines by approximately 1.1429% of face amount for each 1% the index level is below 87.50% of its initial level; payment could be zero. No interest is paid, and holders receive no dividends or ownership rights in index constituents.
The initial index level was 7,704.13 on September 24, 2026. The stated estimated value was $995.41 per security on the trade date, compared with the $1,000 offering price. The notes are unsecured obligations subject to issuer and guarantor credit risk, are not exchange-listed, and no secondary market is assured. Wells Fargo Securities, LLC calculated the estimated value using proprietary models; it is not an indication of a resale price.
WELLS FARGO & COMPANY/MN (symbol: WFC) is the issuer of record for a Form 424B2 filing submitted to the SEC.
WELLS FARGO & COMPANY/MN (symbol: WFC) is the issuer of record for a Form 424B2 filing submitted to the SEC.