Wells Fargo & Co - Company Profile

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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, card products, deposit services, 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.

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Headquarters United States of America

Address 420 Montgomery St, San Francisco, California, 94104


Telephone 1 415 6724450

No of Employees 226,000

Industry Financial Services

Ticker Symbol & Exchange WFC (NYSE)

Revenue (2022) $115.3B 38.2% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ 40% (2022 vs 2021)

Market Cap* $205.7B

Net Profit Margin (2022) XYZ 1.3% (2022 vs 2021)

* As of and is in US$
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Wells Fargo & Co premium industry data and analytics

16+

Insurance Market Data Insights

Insight into market share and brand performance.

8

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Wells Fargo & Co (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Wells Fargo & Co’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services Brands
Accounts and Deposits: Foreign Exchange Wells Fargo
Checking Accounts Wealth Management
Savings Accounts Remittance
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

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

Year Event Description
2024 Contracts/Agreements In February, the company announced a collabration with ChargePoint and EnTech Solutions to provide financing solutions for businesses building out charging infrastructure for EV fleets.
2024 Contracts/Agreements In January, the company enhanced its banking relationship with Grow Credit to secure depository and treasury services across operations from collection and disbursement accounts to fund transfers.
2023 Contracts/Agreements In November, the company entered an agreement with Team Rubicon to solve the overall shortage of credentialed contractors in communities.
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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 226,000 309,926 213,000 239,000 45,300
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Steven D. Black Chairman Executive Board 2021 70
Charles W. Scharf Chief Executive Officer; President; Director Executive Board 2019 58
Michael P. Santomassimo Senior Executive Vice President; Chief Financial Officer Senior Management 2020 47
Scott E. Powell Chief Operating Officer; Senior Executive Vice President Senior Management 2019 60
Muneera S. Carr Executive Vice President; Chief Accounting Officer; Controller Senior Management 2020 54
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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