Wells Fargo & Company (WFCNP) guarantees Wells Fargo Finance LLC’s preliminary offering of unsecured, auto-callable notes linked to the lowest-performing of the Nasdaq-100, Russell 2000 and S&P 500 indexes; the terms are subject to completion. Each security has a $1,000 face amount and original offering price, or $975 for fee-based advisory accounts. Wells Fargo Finance LLC receives $975 per security, and the agent discount is up to $25 except on fee-based advisory purchases.
Quarterly coupons are paid only if the weakest index closes at or above 75% of its starting value; the annual coupon rate will be set on the pricing date at a minimum of 9.00%. If that index closes at or above its starting value on a quarterly calculation day from April 2027 through July 2029, the notes are automatically called for face amount plus a final contingent coupon. Otherwise, if it closes below 75% of its starting value on the final calculation day, principal falls with the weakest index from its starting value and may be lost entirely. The notes provide no index upside or dividends. Current estimated value is approximately $956.60 per security, with the pricing-date estimated value no lower than $926.60. The notes will not be exchange-listed, and payments are subject to issuer and guarantor credit risk.
Wells Fargo Finance LLC is offering $6,313,000 of equity index-linked notes guaranteed by Wells Fargo & Company (WFCNP), tied to the S&P 500 Index and due February 14, 2029. The offering price is $1,000 per security, and the proceeds shown in the offering table go to Wells Fargo Finance LLC.
The notes pay no interest. At maturity, each $1,000 security pays $1,000 if the index is flat or declines by no more than 15.00%. For gains, the 140% upside participation rate applies, capped at $1,332.92 per security when the index reaches 123.78% of its initial level. If the index falls more than 15.00%, the payment declines by approximately 1.1765% of face amount for every 1% decline below the buffer level; investors could lose all principal.
The estimated value was $995.27 per security on October 15, 2026, compared with the $1,000 offering price. The notes are unsecured obligations of Wells Fargo Finance LLC and are fully and unconditionally guaranteed by Wells Fargo & Company, with payments subject to their credit risk. The notes will not be listed on a securities exchange or quotation system, and Wells Fargo Securities, LLC is not obligated to make a secondary market.
Wells Fargo Finance LLC is offering $17,282,000 of equity index-linked securities, fully and unconditionally guaranteed by Wells Fargo & Company (WFCNP). Each $1,000 security pays no interest; on February 14, 2029, subject to postponement, it pays $1,216.90 if the S&P 500 Index's final level on February 12, 2029, subject to postponement, is at least 85.00% of its initial level of 7,744.06. The contingent fixed return is 21.69%, capped regardless of how far the index rises.
If the final index level is below 85.00% of the initial level, the payout falls below face value, with losses of approximately 1.1765% of principal for each 1% decline below the threshold; at a zero index level, investors could lose all principal. Wells Fargo Securities, LLC estimated the value on the October 15, 2026 trade date at $985.58 per security, compared with a $1,000 offering price. The securities are unsecured obligations of Wells Fargo Finance LLC, and all payments are subject to credit risk. Holders receive no index dividends. The securities are not exchange-listed, and Wells Fargo Securities, LLC and its affiliates are not obligated to make a market or buy them; no secondary market is assured.
Wells Fargo & Company guaranteed a $4,012,000 aggregate face amount offering of market-linked securities issued by Wells Fargo Finance LLC and linked to Eaton Corporation plc ordinary shares. Each security has a $1,000 face amount and an original offering price of $1,000, or $975 in fee-based advisory accounts. The starting value is $402.48; the coupon and downside thresholds are both $241.488, equal to 60% of the starting value.
The securities offer a contingent coupon at 10.01% per annum, paid quarterly only when Eaton's closing value meets the coupon threshold; a later qualifying quarter can restore unpaid coupons. A closing value at or above $402.48 on a scheduled calculation day from April 2027 through July 2029 triggers an automatic call for face amount plus due coupons. If not called, maturity is October 18, 2029: a final value at or above $241.488 returns $1,000 per security, while a lower value exposes principal to Eaton's full decline from the starting value, potentially to zero. Holders do not participate in Eaton's appreciation or dividends. The notes are unsecured obligations guaranteed by Wells Fargo & Company and are not exchange-listed.
Wells Fargo & Company (WFCNP) guarantees market-linked notes issued by Wells Fargo Finance LLC in a $5,197,000.00 offering, priced at $1,000 per security. The notes are linked to the lowest-performing of Amazon.com, Inc., Alphabet Inc. and Meta Platforms, Inc., and are due October 18, 2029. Wells Fargo Finance LLC receives $5,102,154.75 in total proceeds after the $94,845.25 agent discount. The estimated value on the October 15, 2026 pricing date was $978.39 per security.
The notes pay a 19.20% annual contingent coupon quarterly only when the lowest performer closes at or above 70% of its starting value; missed coupons may be paid later if that test is met. If the lowest performer reaches its starting value on a scheduled quarterly calculation day from April 2027 through July 2029, the notes are automatically called for principal plus due coupons. If not called, holders receive $1,000 per security at maturity if the lowest performer ends at or above 70%; below that threshold, repayment tracks its performance factor, exposing holders to losses exceeding 30% and potentially all principal. Holders receive no dividends or upside participation, and the notes are not exchange-listed.
Wells Fargo & Company (WFCNP) fully and unconditionally guarantees notes issued by Wells Fargo Finance LLC with a total original offering price of $5,616,000. Each security has a $1,000 face amount, and Wells Fargo Finance LLC receives $5,513,508 in total proceeds. The estimated value is $963.46 per security, as determined by affiliate Wells Fargo Securities, LLC; it is not an indication of a secondary-market price.
Quarterly contingent coupons are paid at a rate of 11.60% per annum only when the lowest-performing of Amazon.com, Alphabet Class A and NVIDIA shares closes at or above 50% of its starting value. Missed coupons may be paid later without interest if a subsequent quarter meets the threshold. If the lowest performer closes at or above its starting value on a scheduled quarterly calculation day from April 2027 through July 2029, the notes are automatically called for $1,000 per security plus due coupons. If not called, they mature October 18, 2029; a final value below 50% of the lowest performer’s starting value exposes principal to that stock’s full decline, with losses potentially reaching the entire investment. The notes provide no participation in stock appreciation or dividends, are subject to issuer and guarantor credit risk, and are not exchange-listed.
Wells Fargo & Company (WFCNP) fully and unconditionally guarantees a $4,118,000 offering by Wells Fargo Finance LLC of $1,000 notes linked to Space Exploration Technologies Corp. Class A common stock, due October 18, 2029. The notes offer a 14.70% annual contingent coupon, paid quarterly only when the stock closes at or above $74.31, half the $148.62 starting value; missed coupons can be paid later if the threshold is met.
On quarterly calculation dates from April 2027 through July 2029, a close at or above $148.62 triggers automatic repayment of face value plus the final and any unpaid coupons. If not called, maturity repayment is $1,000 when the final value is at least $74.31; below that, repayment falls with the stock from its starting value and may be zero. The notes do not share in stock gains or dividends, are unsecured obligations of Wells Fargo Finance LLC, and are not exchange-listed. Their estimated value was $970.98 per $1,000 note, versus the $1,000 offering price.
Wells Fargo & Company/MN (WFCNP) guarantees $3,804,000 of equity-linked securities issued by Wells Fargo Finance LLC, at an offering price of $1,000 per security. Linked to GE Vernova common stock, they have a $926.44 starting value and $463.22 coupon and downside thresholds. The 12.50% annual contingent coupon is payable quarterly only when the stock’s closing value meets or exceeds $463.22; missed coupons can be paid later if a subsequent calculation day meets the threshold, without interest on unpaid amounts.
If a quarterly closing value from April 2027 through July 2029 meets or exceeds $926.44, the securities are automatically called for face amount plus any payable coupon amounts. If not called, at October 18, 2029 maturity principal is repaid in full only if the final closing value is at least $463.22; below that level, repayment is based on performance from the starting value, with losses potentially exceeding 50% or reaching the full investment. The securities provide no participation in stock appreciation or dividends and are not exchange-listed. Their estimated value was $965.00 per security, and proceeds to Wells Fargo Finance LLC were $3,734,577.
Wells Fargo Finance LLC is offering auto-callable notes with an aggregate original offering price of $101,000, linked to Dell Technologies Class C common stock; Wells Fargo & Company (WFCNP) fully and unconditionally guarantees the notes. Each security has a $1,000 face amount, and the pricing table lists total proceeds to Wells Fargo Finance LLC of $99,914.25. The estimated value is $988.73 per security, below the $1,000 offering price.
The notes pay a contingent coupon at a 28.00% per annum rate only for months when Dell’s closing value is at least $284.034, the 60% threshold against the $473.39 starting value. On monthly calculation days scheduled from April through September 2027, a close at or above $473.39 triggers an automatic call for $1,000 plus a final contingent coupon. If not called, the notes mature October 20, 2027, subject to postponement: a final value at or above $284.034 returns $1,000 plus a final coupon if payable; below that threshold, payment is based on Dell’s performance from the starting value and may be zero.
Holders do not receive Dell dividends or participate in its appreciation. The notes are not exchange-listed, and payments are subject to the issuer’s and guarantor’s credit risk.
Wells Fargo & Company (WFCNP) fully and unconditionally guarantees Oracle-linked securities issued by Wells Fargo Finance LLC. The total original offering price is $1,558,000, at $1,000 per security; total proceeds to Wells Fargo Finance LLC are $1,529,566.50. The unsecured notes are linked to Oracle common stock, with a starting value of $134.47 and coupon and downside thresholds of $67.235, each 50% of the starting value. Their estimated value at pricing was $951.45 per security, below the offering price.
The notes pay a 15.00% annual contingent coupon quarterly only when Oracle’s closing value on a calculation day is at least $67.235; missed coupons may be recovered without interest if a later quarterly observation meets the threshold. If Oracle closes at or above $134.47 on a quarterly calculation day scheduled from April 2027 through July 2029, the notes are automatically called for face value plus applicable coupon amounts. If not called, the maturity payment on October 18, 2029, subject to postponement, is $1,000 if the final value is at least $67.235; below that, principal declines with Oracle from its starting value, potentially to zero. Holders receive no Oracle appreciation or dividends; the notes are unlisted and subject to issuer and guarantor credit risk.