Wells Fargo & Company appointed Scott E. Powell as Chief Risk Officer, effective January 15, 2027. At that time, he will no longer serve as the company’s Chief Operating Officer.
Wells Fargo Finance LLC’s preliminary offering covers callable, index-linked notes with an original offering price of $1,000 per security, guaranteed by Wells Fargo & Company (WFC). The notes are linked to the lowest-performing of the Nasdaq-100, Russell 2000 and S&P 500 indexes. Wells Fargo Finance LLC receives $993.50 per security after a $6.50 agent discount. The current estimated value is approximately $979.50 per security; the estimated value on the pricing date will be at least $949.50.
Quarterly coupons are payable only if the weakest index closes at or above 60% of its starting value. The coupon rate, set on the pricing date, will be at least 9.25% per annum. Wells Fargo Finance LLC may redeem all, but not part, on quarterly dates beginning approximately six months after issuance, paying the face amount plus a final coupon if payable.
If not redeemed, the notes mature on October 11, 2029, subject to postponement. The $1,000 face amount is repaid only if the weakest index ends at or above 60% of its starting value; below that level, repayment tracks the index, so losses can exceed 40% and reach the full investment. Holders do not participate in index gains or receive dividends. 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), through Wells Fargo Finance LLC, is offering ETF-linked, auto-callable market-linked notes tied to the State Street SPDR S&P Homebuilders ETF, due October 4, 2029. Each security has a $1,000 face amount and pays quarterly contingent coupons only when the ETF’s closing value on the relevant calculation day is at or above a coupon threshold set at 70% of the starting value. The annual contingent coupon rate will be determined at pricing and will be at least 9.50% per year.
The notes are automatically called at par plus a final coupon if, on any quarterly calculation day from March 2027 through June 2029, the ETF is at or above its starting value. If not called, principal repayment at maturity depends on the final ETF level: investors receive full principal only if the ending value is at or above the 70% downside threshold. If the ending value is below that threshold, repayment is $1,000 multiplied by the performance factor, so losses of more than 30% and up to 100% of principal are possible. Investors do not participate in ETF upside beyond coupons, receive no dividends, face full credit risk of Wells Fargo Finance LLC and Wells Fargo & Company, and may see limited or no secondary market liquidity. The current estimated value is about $969.50 per $1,000 security, and will not be less than $939.50 at pricing, reflecting embedded selling, structuring and hedging costs.
Wells Fargo & Company (WFC), through Wells Fargo Finance LLC, is offering medium-term market-linked notes due March 25, 2032, whose payments are linked to the lowest performing of the MSCI Emerging Markets Index and the State Street Health Care Select Sector SPDR ETF. Each $1,000 note may pay a monthly contingent coupon at a rate to be set on the pricing date, but at least 11.00% per annum, only if on each calculation day the lowest performing underlier is at or above its coupon threshold of 70% of its starting value. Wells Fargo Finance LLC may redeem the notes monthly starting about three months after issuance by paying $1,000 plus any due coupon. If not redeemed, investors receive $1,000 at maturity only if the lowest performing underlier on the final calculation day is at or above its downside threshold of 60% of its starting value; otherwise, the maturity payoff equals $1,000 times that underlier’s performance factor, exposing holders to losses of more than 40%, up to a complete loss of principal. The preliminary estimated value is about $974.10 per note and will not be less than $944.10 on the pricing date, reflecting structuring and distribution costs and Wells Fargo Securities’ proprietary pricing models; the notes are unsecured obligations of Wells Fargo Finance LLC, fully and unconditionally guaranteed by Wells Fargo & Company, and are designed to be held to maturity with no exchange listing.
Wells Fargo & Company (WFC), via issuer Wells Fargo Finance LLC, is offering medium-term, principal-at-risk, ETF-linked notes tied to the lowest performing of three ETFs: ARK Innovation ETF (ARKK), iShares Expanded Tech-Software Sector ETF (IGV) and VanEck Oil Services ETF (OIH). The notes have a $1,000 face amount and a total offering size of $1,990,000, with a current estimated value of $959.80 per note based on affiliate pricing models.
The notes may be automatically called on December 18, 2026 if the lowest performing ETF is at or above 85% of its starting value, paying back face plus an 11.00% call premium, after which investors no longer participate in ETF performance. If not called, at the September 23, 2031 maturity investors receive leveraged upside at a 125% participation rate if the lowest ETF is above its starting value; full principal repayment if it is down by up to the 30% buffer; and leveraged losses of about 1.4286% of principal for every 1% decline beyond that buffer, up to a total loss. The notes pay no interest or dividends, are unsecured obligations guaranteed by WFC, are not exchange-listed, and all payments are subject to issuer and guarantor credit risk.
Wells Fargo & Company (WFC), through Wells Fargo Finance LLC, is offering ETF-linked market-linked notes with a total face amount of $1,965,000, issued at $1,000 per security and guaranteed by Wells Fargo & Company. The notes are auto-callable and linked to the lowest performing of the ARK Innovation ETF, VanEck Semiconductor ETF and State Street SPDR S&P Metals & Mining ETF.
The notes may be automatically called on December 18, 2026 if the lowest performing Underlier is at or above 85% of its starting value, paying face amount plus a 10% call premium. If not called, at maturity on September 23, 2031 investors get 125% of any positive return of the lowest Underlier, full principal back for declines up to a 30% buffer, and leveraged losses of about 1.4286% of face for every 1% decline beyond the buffer, potentially losing all principal.
The securities pay no interest or dividends, are unsecured and subject to the credit risk of Wells Fargo Finance LLC and Wells Fargo & Company, are not exchange-listed, and have an estimated value of $962.65 per $1,000 on the pricing date, reflecting embedded selling, structuring and hedging costs.
WELLS FARGO & COMPANY (WFC), through Wells Fargo Finance LLC, is offering $20,399,000 of market-linked Medium-Term Notes, Series B called Buffered Enhanced Return Securities tied to the S&P 500® Index, maturing on November 8, 2028. The notes pay no interest and are fully and unconditionally guaranteed by Wells Fargo & Company.
For each $1,000 note, investors receive 130% of any positive S&P 500® return from the initial level of 7,637.76 to the determination date, capped at a maximum settlement amount of $1,300.30. If the index falls but stays at or above the 85.00% buffer level of 6,492.096, investors receive the $1,000 face amount. Below the buffer, repayment is reduced on a leveraged basis at an approximate buffer rate of 117.65%, so substantial index declines can lead to large losses, up to total loss of principal.
The securities are unsecured obligations subject to the credit risk of Wells Fargo Finance LLC and the Wells Fargo & Company guarantee. The current estimated value is $995.26 per $1,000 note, reflecting selling, structuring, hedging and funding costs, and secondary market prices, if any, are expected to be lower than the original offering price and to be affected by multiple market and credit factors.
WELLS FARGO & COMPANY/MN (symbol: WFC) is the issuer of record for a Form 424B2 filing submitted to the SEC.