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.

Ratings

Corestates Capital Trust II
  • Date Issued:May 18, 2023
  • Rating Action:Confirmed
  • Ratings:AA (low)
  • Trend:Stb
  • Rating Recovery:
  • Issued:USUE
Corestates Capital Trust III
  • Date Issued:May 18, 2023
  • Rating Action:Confirmed
  • Ratings:AA (low)
  • Trend:Stb
  • Rating Recovery:
  • Issued:USUE
Wells Fargo & Company
  • Date Issued:May 18, 2023
  • Rating Action:Confirmed
  • Ratings:AA (low)
  • Trend:Stb
  • Rating Recovery:
  • Issued:USUE
  • Date Issued:May 18, 2023
  • Rating Action:Confirmed
  • Ratings:R-1 (middle)
  • Trend:Stb
  • Rating Recovery:
  • Issued:USUE
  • Date Issued:May 18, 2023
  • Rating Action:Confirmed
  • Ratings:AA (low)
  • Trend:Stb
  • Rating Recovery:
  • Issued:USUE
  • Date Issued:May 18, 2023
  • Rating Action:Confirmed
  • Ratings:AA (low)
  • Trend:Stb
  • Rating Recovery:
  • Issued:USUE
  • Date Issued:May 18, 2023
  • Rating Action:Confirmed
  • Ratings:R-1 (middle)
  • Trend:Stb
  • Rating Recovery:
  • Issued:USUE
  • Date Issued:May 18, 2023
  • Rating Action:Confirmed
  • Ratings:A (high)
  • Trend:Stb
  • Rating Recovery:
  • Issued:USUE
  • Date Issued:May 18, 2023
  • Rating Action:Confirmed
  • Ratings:A (high)
  • Trend:Stb
  • Rating Recovery:
  • Issued:USUE
  • Date Issued:May 18, 2023
  • Rating Action:Confirmed
  • Ratings:A (low)
  • Trend:Stb
  • Rating Recovery:
  • Issued:USUE
Wells Fargo Bank, N.A.
  • Date Issued:May 18, 2023
  • Rating Action:Confirmed
  • Ratings:AA
  • Trend:Stb
  • Rating Recovery:
  • Issued:USUE
  • Date Issued:May 18, 2023
  • Rating Action:Confirmed
  • Ratings:R-1 (high)
  • Trend:Stb
  • Rating Recovery:
  • Issued:USUE
  • Date Issued:May 18, 2023
  • Rating Action:Confirmed
  • Ratings:AA
  • Trend:Stb
  • Rating Recovery:
  • Issued:USUE
  • Date Issued:May 18, 2023
  • Rating Action:Confirmed
  • Ratings:AA
  • Trend:Stb
  • Rating Recovery:
  • Issued:USUE
  • Date Issued:May 18, 2023
  • Rating Action:Confirmed
  • Ratings:R-1 (high)
  • Trend:Stb
  • Rating Recovery:
  • Issued:USUE
  • Date Issued:May 18, 2023
  • Rating Action:Confirmed
  • Ratings:AA (low)
  • Trend:Stb
  • Rating Recovery:
  • Issued:USUE
Wells Fargo Canada Corporation
  • Date Issued:May 18, 2023
  • Rating Action:Confirmed
  • Ratings:AA (low)
  • Trend:Stb
  • Rating Recovery:
  • Issued:USUE
  • Date Issued:May 18, 2023
  • Rating Action:Confirmed
  • Ratings:R-1 (middle)
  • Trend:Stb
  • Rating Recovery:
  • Issued:USUE
  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

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