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Wells Fargo

Wells Fargo

Purchase Volume (Consumer Credit Card Portfolio)

$30.1 B

Q2, 2022

Revenue

$82.4 B

FY, 2021

Market Capitalization

$168.1 B

2022-09-19

Wells Fargo Summary

Company summary

Overview
Wells Fargo is a banking and financial services holding company. It operates in three segments: Community Banking, Wholesale Banking, and Wealth and Investment Management. The Community Banking segment offers checking and savings accounts, credit and debit cards, and automobile, student, mortgage, home equity, and small business loans. The Wholesale Banking segment offers commercial loans and lines of credit, letters of credit, asset-based lending, equipment leasing, international trade facilities, trade financing, collection, foreign exchange, treasury management, merchant payment processing, institutional fixed-income sales, commodity and equity risk management, corporate trust fiduciary and agency, and investment banking services, as well as online/electronic products. The Wealth and Investment Management segment offers financial planning, private banking, credit, investment management, and fiduciary services, as well as retirement and trust services. The company caters to individuals, businesses, and institutions.
Type
Public
Founded
1852
HQ
San Francisco, CA, US | view all locations
Website
https://www.wellsfargo.com
Cybersecurity rating
ESG rating
out of 100 | View all ESG data
Sectors

Key people

  • Charles W. Scharf

    Charles W. Scharf, Chief Executive Officer and President, Director

    • William M. Daley

      William M. Daley, Vice Chairman of Public Affairs

      • Derek A. Flowers

        Derek A. Flowers, Senior EVP, Chief Risk Officer

      • Scott E. Powell

        Scott E. Powell, Senior EVP, Chief Operating Officer

      Operating MetricsView all

      Primary Consumer Checking Customers

      24.4M

      Q3, 2020

      Average Deposits (Community Banking)

      $881.7B

      Q3, 2020

      Period-end Deposits

      $1.4T

      Q3, 2020

      LocationsView all

      38 locations detected

      • San Francisco, CA HQ

        United States

        420 Montgomery St

      • Charlotte, NC

        United States

        One Wells Fargo Center, 301 S College St

      • Portland, OR

        United States

        P.O. Box 6995

      • Buenos Aires, CABA

        Argentina

        855 Piso, 16th Floor, Av. Leandro N Alem

      • Dhaka, Dhaka Division

        Bangladesh

        2nd Floor, Suite, Ninakabbo, 227/A Bir Uttam Mir Shawkat Sarak

      • São Paulo, SP

        Brazil

        Av. Pres. Juscelino Kubitschek, 1600 - 14th floor - Vila Nova Conceição

      and 32 others

      Wells Fargo Financials

      Summary financials

      Revenue (Q2, 2022)
      $18.4B
      Gross profit (Q2, 2022)
      $17.0B
      Net income (Q2, 2022)
      $2.8B
      Cash (Q2, 2022)
      $29.7B
      Enterprise value
      $325.8B

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