v3.26.1
Other Comprehensive Income (Tables)
 3 Months Ended
Mar. 31, 2026
Accumulative Other Comprehensive Income Balances [Abstract]  
Summary of Other Comprehensive Income
Table 20.1 provides the components of other comprehensive income (OCI), reclassifications to net income by income statement line item, and the related tax effects. Income tax
effects are reclassified from accumulated OCI to net income in the same period as the related pre-tax amount.
Table 20.1: Summary of Other Comprehensive Income
Quarter ended March 31,

20262025
(in millions)Before 
 tax 
Tax 
 effect
Net of 
 tax 		Before 
 tax 		Tax 
 effect 		Net of 
 tax 
Debt securities:
Net unrealized gains (losses) arising during the period$(1,281)317 (964)2,256 (556)1,700 
Reclassification of net (gains) losses to net income108 (27)81 (29)7 (22)
Net change(1,173)290 (883)2,227 (549)1,678 
Derivatives and hedging activities:
Fair value hedges:
Change in fair value of excluded components (1)
12 (3)9 7 (2)5 
Cash flow hedges:
Net unrealized gains (losses) arising during the period
(557)137 (420)444 (110)334 
Reclassification of net (gains) losses to net income80 (19)61 142 (35)107 
Net change(465)115 (350)593 (147)446 
Defined benefit plans adjustments:
Net actuarial and prior service gains (losses) arising during the period— — — — — — 
Reclassification of amounts to noninterest expense (2)24 (5)19 25 (5)20 
Net change24 (5)19 25 (5)20 
Debit valuation adjustments (DVA) and other:
Net unrealized gains (losses) arising during the period
68 (17)51 11 (3)8 
Reclassification of net (gains) losses to net income— — — — — — 
Net change68 (17)51 11 (3)8 
Foreign currency translation adjustments:
Net unrealized gains (losses) arising during the period(85)(1)(86)27 — 27 
Reclassification of net (gains) losses to net income— — — — — — 
Net change(85)(1)(86)27 — 27 
Other comprehensive income (loss)$(1,631)382 (1,249)2,883 (704)2,179 
Less: Other comprehensive income from noncontrolling interests, net of tax
— 1 
Wells Fargo other comprehensive income (loss), net of tax$(1,249)2,178 
(1)Represents changes in fair value of cross-currency swaps attributable to changes in cross-currency basis spreads, which are excluded from the assessment of hedge effectiveness and recognized in OCI.
(2)These items are included in the computation of net periodic benefit cost. See Note 18 (Employee Benefits) for additional information.
Accumulated OCI Balances
Table 20.2 provides the accumulated OCI balance activity net of tax.

Table 20.2: Accumulated OCI Balances
(in millions)
Debt
securities (1)
Fair value hedges (2)
Cash flow hedges (3)
Defined 
 benefit 
 plans 
 adjustments		Debit valuation adjustments
(DVA)
and other		Foreign 
 currency 
 translation 
adjustments 		Accumulated 
 other 
comprehensive income (loss)
Quarter ended March 31, 2026
Balance, beginning of period
$(4,388)(30)(150)(1,596)(108)(401)(6,673)
Net unrealized gains (losses) arising during the period
(964)9 (420)— 51 (86)(1,410)
Amounts reclassified from accumulated other comprehensive income81 — 61 19 — — 161 
Net change(883)9 (359)19 51 (86)(1,249)
Less: Other comprehensive income from noncontrolling interests— — — — — — — 
Balance, end of period
$(5,271)(21)(509)(1,577)(57)(487)(7,922)
Quarter ended March 31, 2025
Balance, beginning of period
$(8,856)(46)(1,071)(1,673)(46)(484)(12,176)
Net unrealized gains arising during the period
1,700 5 334 — 8 27 2,074 
Amounts reclassified from accumulated other comprehensive income (loss)
(22)— 107 20 — — 105 
Net change1,678 5 441 20 8 27 2,179 
Less: Other comprehensive income from noncontrolling interests
— — — — — 1 1 
Balance, end of period$(7,178)(41)(630)(1,653)(38)(458)(9,998)
(1)At March 31, 2026 and 2025, accumulated other comprehensive loss includes unamortized after-tax unrealized losses of $2.6 billion and $3.0 billion, respectively, associated with the transfer of securities from AFS to HTM. These amounts are subsequently amortized into earnings over the same period as the related unamortized premiums and discounts.
(2)Substantially all of the amounts for fair value hedges are foreign exchange contracts.
(3)Substantially all of the amounts for cash flow hedges are interest rate contracts.