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)	2013		2012		2013		2012
Earnings including interest on deposits (1):
Income before income tax expense	$	8,471		7,092		16,111		13,740
Less: Net income from noncontrolling interests		89		99		138		171
Income before income tax expense and after noncontrolling interests		8,382		6,993		15,973		13,569
Fixed charges		1,172		1,402		2,420		2,859
		9,554		8,395		18,393		16,428
Preferred dividend requirement		375		331		728		681
Tax factor (based on effective tax rate)		1.52		1.51		1.49		1.53
Preferred dividends (2)	$	375		331		728		681
Fixed charges (1):
Interest expense		1,077		1,317		2,228		2,684
Estimated interest component of net rental expense		95		85		192		175
		1,172		1,402		2,420		2,859
Fixed charges and preferred dividends		1,547		1,733		3,148		3,540
Ratio of earnings to fixed charges and preferred dividends (3)		6.18		4.84		5.84		4.64
Earnings excluding interest on deposits:
Income before income tax expense and after noncontrolling interests	$	8,382		6,993		15,973		13,569
Fixed charges		819		959		1,698		1,959
		9,201		7,952		17,671		15,528
Preferred dividends (2)		375		331		728		681
Fixed charges:
Interest expense		1,077		1,317		2,228		2,684
Less: Interest on deposits		353		443		722		900
Estimated interest component of net rental expense		95		85		192		175
		819		959		1,698		1,959
Fixed charges and preferred dividends	$	1,194		1,290		2,426		2,640
Ratio of earnings to fixed charges and preferred dividends (3)		7.71		6.16		7.28		5.88

(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.