EXHIBIT 12(b)
WELLS FARGO & COMPANY AND SUBSIDIARIES
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
AND PREFERRED DIVIDENDS
			Quarter ended June 30,		Six months ended June 30,
(in millions)			2014	2013	2014	2013
Earnings including interest on deposits (1):
	Income before income tax expense	$	8,655	8,471	17,007	16,111
	Less: Net income from noncontrolling interests		60	89	242	138
	Income before income tax expense and after noncontrolling interests		8,595	8,382	16,765	15,973
	Fixed charges		1,100	1,172	2,194	2,420
			9,695	9,554	18,959	18,393
Preferred dividend requirement			453	375	847	728
Tax factor (based on effective tax rate)			1.50	1.52	1.44	1.49
Preferred dividends (2)		$	453	375	847	728
Fixed charges (1):
	Interest expense		1,002	1,077	1,999	2,228
	Estimated interest component of net rental expense		98	95	195	192
			1,100	1,172	2,194	2,420
	Fixed charges and preferred dividends		1,553	1,547	3,041	3,148
Ratio of earnings to fixed charges and preferred dividends (3)			6.24	6.18	6.23	5.84
Earnings excluding interest on deposits:
	Income before income tax expense and after noncontrolling interests	$	8,595	8,382	16,765	15,973
	Fixed charges		825	819	1,640	1,698
			9,420	9,201	18,405	17,671
Preferred dividends (2)			453	375	847	728
Fixed charges:
	Interest expense		1,002	1,077	1,999	2,228
	Less: Interest on deposits		275	353	554	722
	Estimated interest component of net rental expense		98	95	195	192
			825	819	1,640	1,698
	Fixed charges and preferred dividends	$	1,278	1,194	2,487	2,426
Ratio of earnings to fixed charges and preferred dividends (3)			7.37	7.71	7.40	7.28
(1)	As defined in Item 503(d) of Regulation S-K.
(2)	The preferred dividends, including accretion, were increased to amounts representing the pretax earnings that would be required to cover such dividend and accretion requirements.
(3)	These computations are included herein in compliance with Securities and Exchange Commission regulations. However, management believes that fixed charge ratios are not meaningful measures for the business of the Company because of two factors. First, even if there was no change in net income, the ratios would decline with an increase in the proportion of income which is tax-exempt or, conversely, they would increase with a decrease in the proportion of income which is tax-exempt. Second, even if there was no change in net income, the ratios would decline if interest income and interest expense increase by the same amount due to an increase in the level of interest rates or, conversely, they would increase if interest income and interest expense decrease by the same amount due to a decrease in the level of interest rates.

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