End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
56.32 USD | -.--% | -2.07% | +11.26% |
05/07 | Wall Street indexes end up; Nasdaq, S&P 500 hit record highs on payrolls data | RE |
05/07 | Megacaps push Nasdaq, S&P 500 to record highs after payrolls data | RE |
Business Summary
- retail and commercial banking (57,9%): sales of standard and specialized banking products and services (mortgage lending, real estate credit, consumer credit, insurance, etc.);
- finance, investment, and market banking (22,9%);
- profit management, brokerage, and pension fund management (19.2%).
At the end of 2020, the group had USD 1,404.4 billion in current deposits and USD 887.6 billion in current loans.
Number of employees: 224,824
Sales per Business
USD in Million | 2022 | Weight | 2023 | Weight | Delta |
---|---|---|---|---|---|
Consumer Banking and Lending
45.9
%
| 35,810 | 48.5 % | 37,919 | 45.9 % | +5.89% |
Corporate and Investment Banking
23.2
%
| 15,242 | 20.7 % | 19,191 | 23.2 % | +25.91% |
Wealth and Investment Management
17.8
%
| 14,822 | 20.1 % | 14,691 | 17.8 % | -0.88% |
Commercial Banking
16.3
%
| 10,920 | 14.8 % | 13,449 | 16.3 % | +23.16% |
Reconciling Items
-2.7
%
| -2,011 | -2.7 % | -2,196 | -2.7 % | +9.20% |
Corporate
-0.6
%
| -998 | -1.4 % | -457 | -0.6 % | -54.21% |
Sales per region
USD in Million | 2022 | Weight | 2023 | Weight | Delta |
---|---|---|---|---|---|
United States
100.0
%
| 73,785 | 100.0 % | 82,597 | 100.0 % | +11.94% |
Managers
Managers | Title | Age | Since |
---|---|---|---|
Charlie Scharf
CEO | Chief Executive Officer | 59 | 21/19/21 |
Director of Finance/CFO | 48 | 14/20/14 | |
Tracy Kerrins
CTO | Chief Tech/Sci/R&D Officer | - | 01/19/01 |
Scott Powell
COO | Chief Operating Officer | 61 | 09/19/09 |
Jon Weiss
CIO | Chief Investment Officer | 66 | 01/17/01 |
75 | - | ||
John Campbell
IRC | Investor Relations Contact | - | 01/95/01 |
David Lauffer
PRN | Corporate Officer/Principal | - | - |
Corporate Officer/Principal | - | 01/01/01 | |
Lisa H. Banker
PRN | Corporate Officer/Principal | - | - |
Members of the board
Members of the board | Title | Age | Since |
---|---|---|---|
Steven Black
CHM | Chairman | 71 | 28/20/28 |
Celeste Clark
BRD | Director/Board Member | 71 | 01/18/01 |
CeCe Morken
BRD | Director/Board Member | 66 | 26/22/26 |
Director/Board Member | 63 | 24/15/24 | |
Richard Davis
BRD | Director/Board Member | 66 | 26/22/26 |
Ronald Sargent
BRD | Director/Board Member | 68 | 21/17/21 |
Charlie Scharf
CEO | Chief Executive Officer | 59 | 21/19/21 |
Theodore Craver
BRD | Director/Board Member | 72 | 01/18/01 |
Doug Braunstein
BRD | Director/Board Member | 63 | 28/02 |
Felicia Norwood
BRD | Director/Board Member | 64 | 26/22/26 |
Share class
Vote | Quantity | Free-Float | Company-owned shares | Total Float | |
---|---|---|---|---|---|
Stock A | 0 | 96,546 | 0 | 0 | 63.68 % |
Stock B | 1 | 5,466,448,237 | 3,483,631,987 ( 63.73 %) | 1,980,132,879 ( 36.22 %) | |
Stock C | 0 | 3,967,981 | 0 | 0 | |
Stock D | 0 | 3,967,981 | 0 | 0 | |
Stock E | 0 | 3,967,981 | 0 | 0 |
Holdings
Name | Equities | % | Valuation |
---|---|---|---|
VISA, INC. 11.53% | 28,299,638 | 11.53% | 7,710,519,369 $ |
1,007,180 | 7.30% | 8,148,086 $ | |
6,048 | 0.00% | 72,092 $ | |
4,338 | 208.06% | 48,759 $ | |
3,531 | 0.01% | 37,923 $ | |
3,350 | 100.00% | 36,415 $ | |
1,600 | 100.00% | 17,504 $ | |
1,700 | 0.00% | 17,476 $ | |
833 | 94.34% | 8,896 $ | |
555 | 4.39% | 4,756 $ |
Company contact information
Group companies
Name | Category and Sector |
---|---|
EVEREN Capital Corp.
EVEREN Capital Corp. Investment Banks/BrokersFinance Part of Wells Fargo & Co., EVEREN Capital Corp. is a company that provides full-service, retail-oriented securities brokerage services. The company is based in Charlotte, NC. EVEREN Capital was acquired by Wachovia Corp. on October 01, 1999 for $1,042.90 million. |
Investment Banks/Brokers
|
Wells Fargo Bank NA
Wells Fargo Bank NA Major BanksFinance Wells Fargo Bank, NA provides investment advisory services. It offers banking, insurance, investments, mortgage, and consumer finance services. The company is headquartered in Sioux Falls, SD. |
Major Banks
|
Wachovia Development Corp.
Wachovia Development Corp. Real Estate DevelopmentFinance Wachovia Development Corp. operates as a bank holding company with interest in real estate properties management and development. The company is headquartered in Charlotte, NC. |
Real Estate Development
|
WFC Holdings LLC
WFC Holdings LLC Financial ConglomeratesFinance WFC Holdings is engaged in the provision of banking, insurance, investments, mortgage and consumer finance services. It operates as a holding company of Wells Fargo & Co. The company was founded in 1852 and is headquartered in San Francisco, CA. |
Financial Conglomerates
|
Norwest Venture Partners IX LP
|
Investment Managers
|
Norwest Venture Partners VII-A LP
|
Investment Managers
|
Norwest Venture Partners X LP
|
Investment Managers
|
Wells Fargo Advantage Strategic Income Fund/Old
|
Investment Trusts/Mutual Funds
|
Allspring Dynamic Target 2050 Fund
|
Investment Trusts/Mutual Funds
|
Sales per Business
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+20.39% | 599B | |
+20.02% | 320B | |
+23.04% | 275B | |
+15.27% | 181B | |
+27.52% | 179B | |
-3.58% | 157B | |
+6.00% | 161B | |
+10.60% | 155B | |
+13.69% | 144B |
- Stock Market
- Equities
- WFC Stock
- WFC Stock
- Company Wells Fargo & Company