Wells Fargo & Company – Company Overview
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| Company | Wells Fargo & Company |
| Headquarters | 420 Montgomery Street, San Francisco, California, USA |
| CEO | John G. Stumpf |
| CFO | John R. Shrewsberry |
| Industry | Banking, financial services |
| Type | Public |
| Founder | Henry Wells and William Fargo |
| Founded | 1852 |
| NYSE stock symbol | WFC |
| Revenue | $86,057 million USD (2015) |
| Net income | $22,894 million USD (2015) |
| Employees | 264,700 (2015) |
| Website | https://www.wellsfargo.com |
| IR contact number | 1-415-371-2921 |
| IR email address | [email protected] |
Wells Fargo & Company is an American multinational banking and financial services company and one of the world’s biggest banks by market capitalization. It is based in San Francisco, California.
The bank is one of America’s “Big Four banks”, along with JPMorgan Chase & Co., Citigroup, and Bank of America.
Wells Fargo & Company is a diversified financial services company, with approximately $1.5 trillion in assets and a team of over 264,000.
It serves one in three households in the United States and ranking No. 25 on Fortune’s 2013 rankings of America’s largest corporations. It is the largest mortgage lender in America.
The bank is active in every aspect of the industry, providing banking, insurance, investments, mortgage, and consumer and commercial finance through its 9,000 locations and more than 12,500 ATMs.
The company has operations in 35 countries across Asia, Europe, and Latin America providing customers with their global financial needs.
According to the company, its vision is “to satisfy all our customers’ financial needs and help them succeed financially.”
Wells Fargo & Company – Financial Results
| Key figures (in millions of USD) | 2015* | 2014* |
| Net interest income | $49,277 | $47,552 |
| Noninterest income | $40,756 | $40,820 |
| Revenue | $86,057 | $84,347 |
| Wells Fargo net income | $22,894 | $23,057 |
| Assets | $1,787,632 | $1,687,155 |
| Long-term debt | $199,536 | $183,943 |
| Total equity | $193,891 | $185,262 |
*Year Ended December 31, 2105 and 2014
Source: “Wells Fargo & Company – Financial Results”
