Credit Rating Report

Wells Fargo & Company: Rating Report

Banking Organizations

Summary

On May 18, 2023, DBRS, Inc. (DBRS Morningstar) confirmed the ratings of Wells Fargo & Company (the Company), including the Company’s Long-Term Issuer Rating of AA (low). At the same time, DBRS Morningstar confirmed the ratings of its primary banking subsidiary, Wells Fargo Bank, N.A. The trend for all long-term ratings at the Company and all ratings are Stable.

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