EXHIBIT 12(b)
WELLS FARGO & COMPANY AND SUBSIDIARIES
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
AND PREFERRED DIVIDENDS

	Quarter					Six months
	ended September 30				,	ended September 30				,
(in millions)	2010		2009			2010		2009
Earnings including interest on deposits (1):
Income before income tax expense	$	5,176		4,671			13,836		14,036
Less: Net income from noncontrolling interests		86		81			222		202
Income before income tax expense and noncontrolling interests		5,090		4,590			13,614		13,834
Fixed charges		2,131		2,410			6,463		8,142
		7,221		7,000			20,077		21,976
Preferred dividend requirement		189		598			548		1,856
Tax factor (based on effective tax rate)		1.52		1.42			1.52		1.46
Preferred dividends (2)		288		849			834		2,710
Fixed charges (1):
Interest expense		2,032		2,284			6,133		7,758
Estimated interest component of net rental expense		99		126			330		384
		2,131		2,410			6,463		8,142
Fixed charges and preferred dividends		2,419		3,259			7,297		10,852
Ratio of earnings to fixed charges and preferred dividends (3)		2.98		2.15			2.75		2.03
Earnings excluding interest on deposits:
Income before income tax expense and noncontrolling interests		5,090		4,590			13,614		13,834
Fixed charges		1,410		1,505			4,293		5,281
		6,500		6,095			17,907		19,115
Preferred dividends (2)		288		849			834		2,710
Fixed charges:
Interest expense		2,032		2,284			6,133		7,758
Less: Interest on deposits		721		905			2,170		2,861
Estimated interest component of net rental expense		99		126			330		384
		1,410		1,505			4,293		5,281
Fixed charges and preferred dividends	$	1,698		2,354			5,127		7,991
Ratio of earnings to fixed charges and preferred dividends (3)		3.83		2.59			3.49		2.39

(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.