EXHIBIT 12(b)
WELLS FARGO & COMPANY AND SUBSIDIARIES
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
AND PREFERRED DIVIDENDS
			Quarter ended Sept. 30,		Nine months ended Sept. 30,
(in millions)			2014	2013	2014	2013
Earnings including interest on deposits (1):
	Income before income tax expense	$	8,597	8,301	25,604	24,412
	Less: Net income from noncontrolling interests		226	105	468	243
	Income before income tax expense and after noncontrolling interests		8,371	8,196	25,136	24,169
	Fixed charges		1,120	1,124	3,314	3,544
			9,491	9,320	28,450	27,713
Preferred dividend requirement			469	383	1,316	1,110
Tax factor (based on effective tax rate)			1.46	1.47	1.45	1.49
Preferred dividends (2)		$	469	383	1,316	1,110
Fixed charges (1):
	Interest expense		1,023	1,028	3,022	3,256
	Estimated interest component of net rental expense		97	96	292	288
			1,120	1,124	3,314	3,544
	Fixed charges and preferred dividends		1,589	1,507	4,630	4,654
Ratio of earnings to fixed charges and preferred dividends (3)			5.97	6.18	6.14	5.95
Earnings excluding interest on deposits:
	Income before income tax expense and after noncontrolling interests	$	8,371	8,196	25,136	24,169
	Fixed charges		847	806	2,487	2,504
			9,218	9,002	27,623	26,673
Preferred dividends (2)			469	383	1,316	1,110
Fixed charges:
	Interest expense		1,023	1,028	3,022	3,256
	Less: Interest on deposits		273	318	827	1,040
	Estimated interest component of net rental expense		97	96	292	288
			847	806	2,487	2,504
	Fixed charges and preferred dividends	$	1,316	1,189	3,803	3,614
Ratio of earnings to fixed charges and preferred dividends (3)			7.00	7.57	7.26	7.38
(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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