Wells Fargo & Co. (WFC) is a diversified financial services company providing banking, insurance, investments, mortgage, and consumer and commercial finance through almost 8,700 stores, 13,000 ATMs, the internet and other distribution channels across North America and internationally. The company's primary U.S. operating subsidiary is national bank Wells Fargo Bank, N.A.
Wells Fargo is the 4th largest bank in the US by assets and the 1st largest bank by market capitalization. Wells Fargo operates stores and ATMs under the Wells Fargo and Wachovia names.
Wells Fargo is a result of an acquisition of Wells Fargo & Company by Norwest Corporation in 1998 and the subsequent 2008 acquisition of Wachovia Corporation.
Net profit: USD 12.4 billion (2010), USD 15.9 billion (2011), USD 18.9 billion (2012), USD 21.9 billion (2013), USD 23.1 billion (2014), USD 22.9 billion (2015).
HQ: San Francisco, USA
Founded: 1852
ID: 1237. Updated: 16.08.2017
- Press Releases
- 14.04.2017 Wells Fargo & Company (NYSE:WFC) reports first quarter 2017 net income of US$ 5.46 billion, compared to US$ 5.27 billion in fourth quarter 2016.
- 14.10.2016 Wells Fargo reports third quarter 2016 net income of US$ 5,644 million, compared to US$ 5,796 million in third quarter 2015 (-2.6%). Total assets amounted to US$ 1,942 billion at September 30, 2016.
- 14.04.2016 Wells Fargo reports first quarter 2016 net income of US$ 5.5 billion, compared to US$ 5.8 billion in first quarter 2015. As at 31 March 2016, the company's total assets reached US$ 1.849 trillion.
- 14.01.2014 Wells Fargo reports fourth quarter 2013 net income of US$ 5.6 billion, compared to US$ 5.1 billion in fourth quarter 2012. Full-year 2013 net income was US$ 21.9 billion (up 16%).
- 16.10.2013 Wells Fargo reports third quarter 2013 net income of $5.6 billion, compared to $4.9 billion in third quarter 2012 (up 13%). As at 30 September 2013, the company's total assets reached $1.450 trillion.
- Head office: 420 Montgomery, San Francisco, California, USA
- Phone: (866) 249-3302
Lost or Stolen Cards 24hr Contact Number: 1-877-855-8719 - Fax: (302) 655-5049
- SWIFT: WFBIUS6S
- Key people: Stephen Sanger (Chairman), Timothy J. Sloan (President and CEO)
- Company type: Public (NYSE: WFC)
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