Wells Fargo & Company

Wells Fargo
Wells Fargo, Minneapolis  


Wells Fargo & Company (NYSE: WFC) is one of the largest financial services companies in the United States. It operates through three main business lines: Community Banking; Wholesale Banking; and Wealth, Brokerage and Retirement (WBR) segment. One in three households in America does business with Wells Fargo. With over 265,000 employees, the company serves more than 70 million customers through a network of 8,700 retail and wealth management stores and 12,800 ATMs in North America and internationally. In 2008, Wells Fargo acquired Wachovia Corporation, one of the leading retail banks with more than 3,290 branches. Wells Fargo is the fourth largest bank in the U.S. by assets and the world’s most valuable bank by market capitalization. It is also #1 Retail mortgage lender, #1 Mortgage servicer, #1 Auto lender, #1 Small business lender and #1 Provider of private student loans among banks in the United States. The company was named America's Best Consumer Internet Bank by Global Finance, the Best U.S. Bank by The Banker magazine, Most Respected Bank by Barron's and Best Insurance Broker in the U.S. by Global Finance magazine (2015). The firm was founded on March 18, 1852 in New York City, and opened for business on July 13 of that same year. As of December 31, 2015, Wells Fargo had $1.8 trillion in total assets, 916.6 billion in loans and $1.223 trillion in deposits.

 Key Statistics:

Total assets $1.788 trillion (2015)
Revenue $86.1 billion (2015)
Net income $23.0 billion (2015)
Total equity $193.132 billion (2015)
Market cap $244.5 billion (January 21, 2016)
Company Size 265,000 employees (2015)

Wells Fargo International locations

Head office address:
420 Montgomery Street
San Francisco
California 94103
United States
Phone number: 1-800-869-3557
Website: www.wellsfargo.com