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Debt Rating Summary

We have one of the highest debt ratings of any financial services company.
WELLS FARGO & CO.
 DBRSFitchMoody's Standard & Poor's
Long-term Issuer Rating AA AA-A2A+
Short-term Issuer RatingR-1 (middle)F1+ P-1 A-1
Senior Unsecured AA AA- A2A+
Subordinated AA (low) A+A3 A
Preferred Stock ABBB Baa3BBB+
WELLS FARGO BANK, NA
 DBRS FitchMoody's Standard & Poor's
Long-term Issuer Rating AA (high) AA-Aa3AA-
Short-term Issuer Rating R-1 (high) F1+P-1A-1+
Bank Deposits AA (high) AAAa3AA-
Senior Unsecured AA (high) AA- Aa3AA-
Subordinated AA A+ A1A+
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