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Credit Ratings Summary

Wells Fargo & Company


DBRS Morningstar
Fitch Moody's S&P Global
Outlook Stable Stable Stable Stable
Long-term Issuer Rating AA (low)
A+ A1 BBB+
Short-term Issuer Rating R-1 (middle) F1 P-1 A-2
Senior Unsecured AA (low)
A+ A1 BBB+
Subordinated A (high) A- A3 BBB
Preferred Stock A (low)
BBB Baa2 BB+

Wells Fargo Bank, NA


DBRS Morningstar
Fitch Moody's S&P Global
Outlook Stable Stable Negative Stable
Long-term Issuer Rating AA AA- Aa2 A+
Short-term Issuer Rating R-1 (high) F1+ P-1 A-1
Bank Deposits AA AA Aa1 A+
Senior Unsecured AA AA- Aa2 A+
Subordinated AA (low) A Aa3 BBB+