Wells Fargo Bank Decreases Prime Rate to 7.25 Percent

Group 1 - Wells Fargo Bank has decreased its prime rate to 7.25 percent from 7.50 percent, effective September 18, 2025 [1] - Wells Fargo & Company is a leading financial services company with approximately $2.0 trillion in assets, providing a diversified set of banking, investment, and mortgage products and services [2] - The company ranked No. 33 on Fortune's 2025 rankings of America's largest corporations [2] Group 2 - Wells Fargo's Chief Financial Officer Mike Santomassimo will present at the Barclays Global Financial Services Conference on September 9, 2025 [5] - The company has declared a quarterly cash dividend of $18.75 per share on its 7.50% noncumulative perpetual convertible class A preferred stock, Series L, payable on September 15, 2025 [6] - Wells Fargo's Commercial Banking group has announced a collaboration with the National Center for the Middle Market to provide insights into the banking needs of middle market companies [7]