Wells Fargo & Co (WFC) is a diversified financial service holding company that offers retail and wholesale banking, and wealth management services to individuals, businesses, high-net-worth individuals, and institutions, through its subsidiaries. It provides a range of commercial and consumer loans, agricultural finance, deposit services, card products, and transaction services. It provides services such as mortgage banking, equipment leasing, insurance agency, and brokerage, securities brokerage and investment banking, trust services, computer and data processing, investment advisory, mortgage-backed securities servicing, and venture capital investment. It operates through branches, ATMs, and mobile and internet distribution channels globally. WFC is headquartered in San Francisco, California, the US.

Headquarters United States of America

Address 420 Montgomery St, San Francisco, California, 94104-1207


Telephone 1 612 6671234

No of Employees 243,674

Industry Financial Services

Ticker Symbol & Exchange WFC (NYSE)

Revenue (2021) $82.4B 0.2% (2021 vs 2020)

EPS XXX

Net Income (2021) XXX 538.1% (2021 vs 2020)

Market Cap* $178.6B

Net Profit Margin (2021) XXX 536.3% (2021 vs 2020)

* As of and is in US$

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IT Services Contracts

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IT Software Contracts

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ICT Spend & Tech Priorities

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Products and Services

Products Services
Accounts and Deposits: Foreign Exchange
Checking Accounts Remittance
Savings Accounts Wealth Management
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2022 New Products/Services In November, the company launched a new digital-only credit offering to help customers meet short-term cash needs.
2022 New Products/Services In November, the company launched Flex Loan, a digital-only, small-dollar loan.
2022 New Products/Services In October, the company announced to launch Fargo, a virtual assistant.
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Competitor Comparison

Key Parameters Wells Fargo & Co JPMorgan Chase & Co Bank of America Corp Citigroup Inc The Goldman Sachs Group Inc
Headquarters United States of America United States of America United States of America United States of America United States of America
City San Francisco New York Charlotte New York New York
State/Province California New York North Carolina New York New York
No. of Employees 243,674 278,494 210,000 231,000 47,000
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Steven D. Black Chairman Executive Board 2021 69
Charles W. Scharf President; Director; Chief Executive Officer Executive Board 2019 57
Michael P. Santomassimo Senior Executive Vice President; Chief Financial Officer Senior Management 2020 46
Scott Powell Senior Executive Vice President; Chief Operating Officer Senior Management 2019 59
Muneera S. Carr Executive Vice President; Controller; Chief Accounting Officer Senior Management 2020 53
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
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