Business description: Wells Fargo & Company

Wells Fargo & Company is one of the leading American banking groups. Revenues (including intra-group eliminations) break down by activity as follows:

- retail banking (43%): sale of standard and specialized banking products and services (mortgage lending, real estate credit, consumer credit, insurance, etc.);

- corporate, investment, and market banking (23%);

- profit management, brokerage, and pension fund management (18.4%).

- commercial banking (15.2%);

- other (0.4%).

At the end of 2024, the group managed USD 1,371.8 billion in current deposits and USD 912.7 billion in current loans.

Number of employees: 2,05,198

Sales by Activity: Wells Fargo & Company

Fiscal Period: December 2020 (USD) 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD)

Consumer Banking and Lending

2.84TCr 3.61TCr 3.35TCr 3.46TCr 3.26TCr

Corporate and Investment Banking

887.4Cr 1.53TCr 1.54TCr 1.72TCr 1.88TCr

Commercial Banking

599.4Cr 1TCr 1.15TCr 1.34TCr 1.25TCr

Wealth and Investment Management

1.43TCr 1.44TCr 1.48TCr 1.47TCr 1.55TCr

Corporate

393.5Cr 843.8Cr -100Cr -47Cr 35Cr

Reconciling Items

-320.9Cr -161.4Cr -201.1Cr -219.6Cr -180.1Cr
See all business segments

Geographical breakdown of sales: Wells Fargo & Company

Fiscal Period: December 2020 (USD) 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD)

United States

5.83TCr 8.29TCr 7.22TCr 7.72TCr 7.8TCr
See all geographic segments

Executive Committee: Wells Fargo & Company

Manager TitleAgeSince
Chief Executive Officer 61 21/10/2019
Director of Finance/CFO 50 14/10/2020
Chief Tech/Sci/R&D Officer 62 01/01/2017
Chief Investment Officer 51 08/05/2024
Chief Operating Officer 63 09/12/2019
See WELLS FARGO & COMPANY governance

Composition of the Board of Directors: Wells Fargo & Company

Director TitleAgeSince
Director/Board Member 66 24/02/2015
Director/Board Member 70 21/02/2017
Director/Board Member 72 01/01/2018
Director/Board Member 74 01/01/2018
Director/Board Member 63 01/01/2018
Director/Board Member 61 07/01/2019
Chairman 61 14/10/2025
Chairman 73 09/08/2021
Director/Board Member 61 20/08/2020
Director/Board Member 68 26/04/2022
Composition of the Board of Directors

Shareholders: Wells Fargo & Company

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
9.443 %
29,64,19,877 9.443 % 27 626 M $
Fidelity Management & Research Co. LLC
6.157 %
19,32,64,156 6.157 % 18 012 M $
BlackRock Advisors LLC
5.828 %
18,29,48,332 5.828 % 17 051 M $
JPMorgan Investment Management, Inc.
4.632 %
14,53,86,871 4.632 % 13 550 M $
4.415 %
13,85,76,576 4.415 % 12 915 M $
NameEquities%Valuation
PNC Wealth Management LLC
5.752 %
24,15,890 5.752 % 44 M $
Russell Investments Canada Ltd.
0.002645 %
1,111 0.002645 % 20 131 $
ORG Partners LLC
0.00139 %
584 0.00139 % 10 582 $
NBC Securities, Inc.
0.000117 %
49 0.000117 % 888 $
NameEquities%Valuation
Flaherty & Crumrine, Inc.
-
2,18,40,000 - 23 M $
PIMCO Europe Ltd.
-
23,00,000 - 2 M $
Goldman Sachs Asset Management International
-
1,50,000 - 159 180 $
-
100 - 106 $
NameEquities%Valuation
Flaherty & Crumrine, Inc.
0.2379 %
83,50,000 0.2379 % 8 M $
Smith Capital Investors LLC
0.1501 %
52,70,000 0.1501 % 5 M $
Franklin Templeton Investment Management Ltd. (Germany)
0.0932 %
32,72,000 0.0932 % 3 M $
Franklin Bissett Investment Management
0.057 %
20,00,000 0.057 % 2 M $
Christian Brothers Investment Services, Inc.
0.033 %
11,60,000 0.033 % 1 M $
NameEquities%Valuation
Caixa DTVM SA
0.001103 %
1,38,475 0.001103 % 3 M $
Itaú Unibanco Asset Management Ltda.
0.000789 %
99,081 0.000789 % 2 M $
XP Allocation Asset Management Ltda.
0.000029 %
3,607 0.000029 % 84 649 $
Morgan Stanley Administradora de Carteiras SA
0 %
50 0 % 1 173 $
NameEquities%Valuation
IAT Reinsurance Co. Ltd.
0.4008 %
387 0.4008 % 813 $
Heritage Wealth Advisors LLC
0.0197 %
19 0.0197 % 40 $
NameEquities%Valuation
Flaherty & Crumrine, Inc.
0.3917 %
1,83,306 0.3917 % 4 M $
Mathes Co., Inc.
0.0449 %
21,000 0.0449 % 406 350 $
Cascades Capital Asset Management LLC
0.0345 %
16,125 0.0345 % 312 019 $
Capital Investment Trust Corp.
0.0289 %
13,507 0.0289 % 261 360 $
NBC Securities, Inc.
0.0108 %
5,040 0.0108 % 97 524 $
NameEquities%Valuation
PIMCO Europe Ltd.
0.2598 %
1,29,900 0.2598 % 2 M $
Flaherty & Crumrine, Inc.
0.0827 %
41,356 0.0827 % 734 896 $
NBC Securities, Inc.
0.0105 %
5,237 0.0105 % 93 061 $
Atlas Capital Advisors, Inc.
0.00555 %
2,775 0.00555 % 49 312 $
Thompson Investment Management, Inc.
0.004 %
2,000 0.004 % 35 540 $
NameEquities%Valuation
Voya Investment Management Co. LLC
14.89 %
5,90,738 14.89 % 716 M $
Advent Capital Management LLC
4.412 %
1,75,046 4.412 % 212 M $
First Trust Advisors LP
4.001 %
1,58,755 4.001 % 192 M $
Victory Capital Management, Inc. (Investment Management)
1.759 %
69,788 1.759 % 85 M $
Stonebridge Advisors LLC
1.571 %
62,323 1.571 % 76 M $
NameEquities%Valuation
Steigerwald, Gordon & Koch, Inc.
0.215 %
1,73,067 0.215 % 3 M $
Franklin Templeton SinoAm Securities Investment Mgmt, Inc
0.082 %
66,036 0.082 % 1 M $
PIMCO Europe Ltd.
0.0783 %
63,000 0.0783 % 1 M $
Keynote Financial Services LLC
0.0468 %
37,683 0.0468 % 734 442 $
Capital Investment Trust Corp.
0.0224 %
18,010 0.0224 % 351 015 $
NameEquities%Valuation
Steigerwald, Gordon & Koch, Inc.
0.4203 %
1,15,991 0.4203 % 10 810 $
NBC Securities, Inc.
0.009014 %
2,488 0.009014 % 232 $
ORG Partners LLC
0.007159 %
1,976 0.007159 % 184 $
Atlas Capital Advisors, Inc.
0.002645 %
730 0.002645 % 68 $
Boyd Watterson Asset Management LLC
0.000362 %
100 0.000362 % 9 $
List of WELLS FARGO & COMPANY shareholders

Holdings: Wells Fargo & Company

NameEquities%Valuation
1,700 0% 20 570 $

Company details: Wells Fargo & Company

Wells Fargo & Co.

333 Market Street

94105, San Francisco

+415-371-2921

http://www.wellsfargo.com
address Wells Fargo & Company(WFC)

Group companies: Wells Fargo & Company

NameCategory and Sector
TRITRI House SARL
TRITRI House SARL
Miscellaneous Commercial Services
Miscellaneous Commercial Services
See all subsidiaries

Other Banks

Change 5d. change 1-year change 3-years change Capi.($)
+0.73%+2.96%+20.10%+99.71% 29TCr
-0.06%+4.59%+18.90%+129.50% 87TCr
-0.15%+4.65%+21.16%+58.30% 41TCr
+0.46%+0.46%+21.19%+59.80% 35TCr
+1.00%+1.06%+52.25%+114.16% 30TCr
+1.38%+2.15%+28.25%+61.60% 27TCr
+1.22%+2.17%+39.45%+69.13% 24TCr
+0.86%+0.64%+15.48%+58.25% 23TCr
+0.20%+5.46%+54.76%+213.53% 21TCr
+0.62%+7.05%-1.71%+44.93% 19TCr
Average +0.62%+3.19%+26.98%+90.89% 33.7TCr
Weighted average by Cap. +0.46%+3.54%+25.63%+95.53%
See all sector performances
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
27
Last Close Price
93.97USD
Average target price
101.27USD
Spread / Average Target
+7.77%
Consensus

Quarterly revenue - Rate of surprise

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